Set up a company



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2.12 Sole proprietorship / Partnership

Sole proprietorship is the business that the owner conducts business on his own.

Advantages of Sole proprietorship /  partnership:

  • Easy set-up procedures

  • Easy annual filing

Disadvantages of Sole proprietorship /  partnership:

  • Owner and partners are wholly liable for the company's liabilities

Requirements of setting up a Sole proprietorship / partnership:


Sole proprietorship:
  • Owner is 18 years old or above.

  • If the owner is not a Hong Kong resident, a Hong Kong resident agent must be appointed

  • Registered address must be in Hong Kong


Unlimited partnership:
  • At least 2 partners, but not more than 20 partners

  • Partners must be 18 years old or above

  • At least 1 partner is Hong Kong resident

  • Registered address must be in Hong Kong


Our services:

  • Apply Business Registration Certificate

  • Provide company establishment documents for opening company bank account

CONTACT US

If you need more information, please do not hesitate to contact us by email. We will reply to you as soon as possible!

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ADDRESS:Suite 820, 8th Floor, Ocean Centre, Harbour City, 5 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
TELEPHONE: (852) 2393-1129
E-MAIL: info@lkhcpa.com