Every Hong Kong company must have a company secretary under section 474 of the Companies Ordinance (Cap. 622). For a private company, the secretary must be an individual who ordinarily resides in Hong Kong or a body corporate with its registered office or a place of business in Hong Kong, and a sole director cannot…
Insights
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Hong Kong Company Annual Compliance: Annual Return, Audit and Profits Tax Deadlines in 2026
A Hong Kong private company must file its annual return (Form NAR1) within 42 days after each anniversary of incorporation, for HK$105, renew its business registration, have its accounts audited and file a profits tax return. The Inland Revenue Department issued 2025/26 returns on 1 April 2026, normally due within one month. Under the block…
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Hong Kong MPF: What Employers Are Required to Contribute, and By When
Hong Kong employers must contribute 5% of each employee's relevant income to an MPF scheme on income up to HK$30,000 a month, matched by 5% from employees earning HK$7,100 or more — so the maximum contribution is HK$1,500 per party. New employees must be enrolled within 60 calendar days of starting (10 days for casual…
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Hong Kong’s Two-Tiered Profits Tax: How the 8.25% Rate Actually Works
Hong Kong’s two-tiered profits tax charges 8.25% on the first HK$2 million of assessable profits and 16.5% above it (7.5% and 15% for unincorporated businesses), in force since the 2018/19 year of assessment. Only one entity in a group of connected entities — those linked by more than 50% ownership or control — can claim…
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Significant Controllers Register: What Hong Kong Companies Must Keep in 2026
Every Hong Kong company other than a listed company must keep a Significant Controllers Register recording anyone who holds more than 25% of its shares or voting rights, or otherwise exercises significant influence or control, and must appoint at least one designated representative to deal with law-enforcement requests. The register is kept at the registered…
