Fee schedule

Fee schedule Source image: / CC by 2.0
Service Description Year 1 Year 2 Additional
Services
Additional Service Description
Incorporation US $2,150 US $1,250    
Registration of Hong Kong Company with Capital
of HK$10,000
Included Included    
Company Registration Fee (including capital duty
for authorized share capital up to $10,000 or equivalent, payable once the company is incorporated)
       
Corporate Seal and Rubber Stamp Included      
Annual Business Registration & Filing Fee Included      
Annual Local Registered office address (including
use of general telephone & fax number)
Included Included    
Annual Fee for Local Corporate Secretary Included Included    
Annual Charge or filing of "Nil' tax return and 'Nil'
employers return
Included Included    
Preparation & Filing of Annual Return Included Included    
Apostilled Document Set     US $ 485  
Traverse Accounting & Tax Reports   US $130   The cost of rendering is not included
Nominee Director                                                                                                                            *POA is not included
Individual Cypriot Nominee Director US $380 US $380 US $20 Additional fees for Apostille in
Cyprus & Courier applicable.
Document signing fee
Individual Singapore Nominee Director US $400 US $400 US $20 Document signing fee
PoA for Singapore Nominee
Legalised Up to MFA. Consulate fees extra
US $260 US $260   Courier fees in addition if
required
Corporate Nominee Director (Belize) US $200 US $200   Additional fees for Apostille in
Cyprus & Courier applicable.
Corporate Hong Kong Nominee US $400 US $400 US $50 Document signing fee
Signature charges are applicable per each individual document. Each additional copy of document is charged separately.
Nominee Shareholders                                                                                                              *POA is not included
Corporate Nominee Shareholder (Belize
Company)
US $150 US $150   Additional fees for courier of
nominee documents
applicable.
Individual Nominee Shareholder (Cypriot) US $290 US $290   Additional fees for courier of
nominee documents.
Bank Account
Cyprus Bank     Quoted for on a case by case basis Bank of Cyprus, Hellenic Bank, others (please ask)
Hong Kong Bank Account Packages
Silver Package   US $1,250 Appointment with bank;
     

Personal accompaniment to
the bank;
Preparation of all supporting documents required for bank account opening (Business Profile etc.);

Additional Bank visit – 180.00 USD

 

Service Description Additional Services Additional Service Description
Gold Package   US $1,850

As above but also:
Website (for bank account opening purposes); Submission of all documents; 

Additional Bank visit – 180.00 USD

     
Compliance service charges  USD

Comments

Introduction Compliance Fee for New Clients. US$230  
Annual Compliance Review  US$120  Charged with June 2016 Company Renewal fee onwards.
Compliance Service Fee for all post company incorporation services involving new persons or legal entities. US$60 – US$120  Price depends on complexity of the case.
Legalization of Documents
Notarisation of document   US $220 Per Document
Notarisation of bundle of documents   US $360  
Apostillation of document   US $345 Includes notarisation
Apostillation of bundle of documents   US $485 Includes notarisation
Certification of Documents by CPA   US $500 Including delivery to the bank
Other Certificates & Documents
Duplicate Business Registration Certificate   US $85  
Certified Certificate of Incorporation   US $120  
Certified M&AA   US $120  
Letter of Good Standing from Registry   US $150  
Certificate of Incumbency issued by Secretary   US $75  
Certified Particulars of Director & Secretary   US $120  
Certified Director Index   US $150  
Certified Company Particular Report   US $150  
Decision of Shareholders Meeting or Board of
Directors
  US $70  
Power of Attorney   US $150 Valid for 1 year
Decision to issue additional shares   US $85  
Decision to increase authorized capital   US $150 not including the duty (HK $ 1
for every $ 1, 000HK capital)
Transfer of Shares amongst Shareholders   US $100 Stamp Duty not included
Declaration of Trust   US $115 Verified
Change of Company Name   US $250 Including Registration &
Company Seal
Change of Director (Appointment/Resignation)   US $120 Additional charge of US $40 if
more than 1 Director
Change of Shareholders   US $120 Additional charge of US $40 if
more than 1 Shareholder
Company Seal for use abroad   US $50 Courier Fees not included
Search at HK Companies House   US $200  
Mail Forwarding   US $5 Per handling. Not including
postal fee
Handling Fee for Registered Mail   US $10 Per handling. Not including
postal fee
Annual Fee for provision of HK mailing address   US $260 Per annum
Annual rental and checking of PO Box (shared)   US $250 Per annum
Handling Letters of Credit, Bank Accounts and   US $115 Per hour
Brokerage Accounts      
Exclusive telephone line   US $600 Per annum
Exclusive fax line   US $250 Per annum
Telephone answering & reporting service   US $5 per minute
International Courier Fee   US $150  
Company deregistration   US $ 1050  

 

 

Accounting Fees:

Type of Company Number of
Transactions
Amount -
EUR
Amount -
SGD
Amount -
USD
Standard fee – Dormant
Company
- 350 600 480
Active Company Up to 10 Up to 450 Up to 780 Up to 620
Active Company Up to 30 Up to 600 Up to 1000 Up to 800
Active Company Up to 50 Up to 700 Up to 1200 Up to 950
Active Company Up to 100 Up to 1000 Up to 1720 Up to 1350
Active Company Up to 200 Up to 1400 Up to 2400 Up to 1875
Active Company Above 200 TBC TBC TBC

 

 Compliancy Requirements:


The Secretary of a Hong Kong registered company receives a Notification for the submission of the company’s Income Tax Form about 27 months (2 years + 3 months) from the Incorporation date of the company. Once the Notification is received, the company has 1 month to prepare its bookkeeping, audit the accounts and submit the Income Tax Form. It is recommended that all Hong Kong registered companies prepare their audited accounts within 3 months from the end of their financial year, every year.


The submission of a company’s Income Tax Form is a compulsory requirement by HK’s Inland Revenue Authorities and if the audited accounts together with the tax form are not submitted on time, the company has to pay penalties and receives a court summon.

 

Take the next step, we are here to help.

Register a Hong Kong company.
Open a Hong Kong bank account.

  Resources:

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Protection of Nominee Directors from IRD claims for Cyprus client companies

Legislation re Cyprus Tax Residency:

 

Cyprus Company Law: Responsibility of Directors for the non-payment of taxes

A Company Director, in a company incorporated under the laws of the Republic of Cyprus, may be found liable by the Inland Revenue or Customs & Excise with regarding tax related issues. As per the legislation, the Inland Revenue or Customs & Excise may personally prosecute the Company Directors who are involved in any taxation offence(s) or related financial matters.

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