Private Company Limited by Guarantee Registration
Overview: Private Company Limited by Guarantee – is a private company with limited liability. The members of the Private Company Limited by Guarantee give a guarantee to pay a certain amount in the event of the company being wound up. Private Company Limited by Guarantee is often used by organizations that operate a not-for-profit business (eg charities, clubs, and associations).
Purpose: Registration of Private Company Limited by Guarantee
Main specifications:
- a legal entity
- members are not liable for the company’s debts
- no minimum share capital
Registering authority: the HK Trade Register
Term of registration: 7-10 working days
Personal presence: Optional
Conditions for registration:
- Member– Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction
- Director – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction (at least 1 director must be an individual)
- Registered office address in Hong Kong
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)
- Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)
- Power of attorney (in case of remote registration)
- Signed copy of the Memorandum and Articles of Association
€995.00