Issuance of New Shares

Overview: An HK private/public company may issue new shares in the share capital of a company at any time after incorporation.

Purpose: Issuing of new shares in the share capital of a company

Main specifications:

• The maximum number of shares available for the issue is indicated in the company’s Articles of Association
• Issuance of new shares is often used to raise additional capital

Registering authority: the HK Trade Register

Term of registration: 2-3 working days

Personal presence: Optional

Conditions for registration:

• Shareholder – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction;
• Issuance of new shares in the share capital of a company

Required documents:

• Passport or European ID card (for all associated persons);
• Proof of residential address not older than 3 months (for all associated natural persons)
• Extract from the Trade Register not older than 3 months (for all associated legal persons)
• Power of attorney (in case of remote registration)
• Signed consent of the company to issue new shares
• Signed consent of the existing shareholders to issue new shares
• Minutes of the general meeting of shareholders of a company on the issuance of new shares in the share capital of a company
• Signed copy of the deed of issuing new shares

Required documents:

• Shareholders Agreement