Re-domiciliation allows an overseas-incorporated company to move its place of incorporation to Hong Kong while maintaining its legal identity, financial history, and operations. This means your company can enjoy Hong Kong’s business advantages without the need to wind up and start over.
Why Re-domicile to Hong Kong
Hong Kong offers:
Low and simple tax regime
Robust legal system based on common law
Strategic location as a gateway to Mainland China and Asia
Business-friendly environment with minimal restrictions on foreign investment
Eligibility
A company may apply for re-domiciliation if:
Its home jurisdiction permits outbound re-domiciliation
It meets solvency and compliance requirements
Shareholders have approved the move
Procedures
The process generally involves:
(a)
Pre-application Review – Confirm eligibility and ensure the home jurisdiction allows re-domiciliation.
(b)
Internal Approvals – Obtain required resolutions from shareholders and directors.
(c)
Document Preparation – Prepare incorporation and constitutional documents, compliance records, and statutory declarations.
(d)
Application Filing – Submit prescribed forms and supporting documents to the Companies Registry.
(e)
Approval and Registration – Upon approval, the company is registered in Hong Kong and continues as the same legal entity.
(f)
Post-registration Compliance – Update business registration, notify stakeholders, and meet ongoing filing obligations
Points to Note
Resolve any pending disputes or insolvency matters before applying
Ensure constitutional documents comply with Hong Kong law
Be aware of annual return filing and audit requirements after registration
How Kaizen Can Help
Kaizen provides end-to-end support for re-domiciliation, from assessing eligibility to handling all filings and post-registration compliance. Our team ensures a smooth transition so you can focus on running your business.
Disclaimer
All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage.
Re-domiciliation allows an overseas-incorporated company to move its place of incorporation to Hong Kong while maintaining its legal identity, financial history, and operations. This means your company can enjoy Hong Kong’s business advantages without the need to wind up and start over.
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