Sole Proprietorship Registration

Overview: Sole Proprietorship – is the most basic legal form to operate a business for an individual entrepreneur without forming a legal entity.

Purpose: Registration of a Sole Proprietorship

Main specifications:

• no minimum capital
• hiring staff is possible
• not a legal entity
• full personal liability

Registering authority: the HK Trade Register

Term of registration: 5-7 working days

Personal presence: Optional

Conditions for registration:

• Entrepreneur: maximum 1 natural person with residence in Hong Kong (HK citizenship/HK residence permit)
• Registered office address in Hong Kong

Required documents:

• Valid HK passport or HK residence permit
• Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)