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HK Govt Now Accepts Company Re-domiciliation Applications
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The Hong Kong government announced that company re-domiciliation will be open for application starting today (23rd). The Companies (Amendment) (No. 2) Ordinance 2025 was gazetted and came into effect today. From today onwards, a company incorporated outside Hong Kong may apply to the Companies Registry (CR) for re-domiciliation to Hong Kong. The mechanism reduces the need to go through complicated and costly judicial procedures, and enables a re-domiciled company to maintain its legal identity as a body corporate, thereby ensuring business continuity. At the same time, an applicant for company re-domiciliation is required to fulfill requirements concerning company background, integrity, member and creditor protection, solvency, etc. The types of companies that may apply for re-domiciliation to Hong Kong include a private company limited by shares, a public company limited by shares, a private unlimited company with a share capital and a public unlimited company with a share capital, or a type comparable to the above four types of company. AAStocks Financial News |
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