The Government announced that company re-domiciliation is open for application as the Companies (Amendment) (No. 2) Ordinance 2025 came into effect today.
A company incorporated outside Hong Kong may apply to the Companies Registry (CR) for re-domiciliation to the city.
The Government explained that the re-domiciliation 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.
Meanwhile, an applicant for company re-domiciliation must fulfil requirements concerning company background, integrity, member and creditor protection, solvency and so on, it added.
In Hong Kong’s new re-domiciliation regime, certain types of companies are eligible to apply. They include private companies limited by shares, public companies limited by shares, private unlimited companies with a share capital, and public unlimited companies with a share capital, or a type comparable to the four types of companies.
Under normal circumstances, the CR will complete the approval process within two weeks of the applicant submitting the required documents and information. A 120-day period will be allowed for the re-domiciled company to complete the deregistration procedures at its place of incorporation.
For regulatory purposes of the insurance and banking sectors, a non-Hong Kong-incorporated authorised insurer, or an authorised institution (AI), a holding company of an AI or an approved money broker should approach the Insurance Authority or the Monetary Authority for prior assessment before applying for re-domiciliation.
Click here for more information on company re-domiciliation procedures.
