Hong Kong is an international metro with abundant information and the free trading port in the world. Together with sound infrastructure and complete legal system of its own, it provides an advantaged commercial environment to many enterprisers and traders. Therefore, more and more traders establish their own companies in Hong Kong on different purposes, which improve not only the image of the company but also the competitive ability of the company itself. 1. Application conditions : At least one founder member aged above 18 years old (citizens of china or oversea personage with visas or ID cards), and local register address and local legal secretary of the limited company. 2. Founder member and board directors : Each company must have at least one director and corporate directors are permitted for companies that are not subsidiaries of public listed companies. The company should have at least one founder member. Details of the company's directors, founder members and secretary must be filed at the Companies Registry and are on public record. 3. Register Capital : Lowest register capital of limited company is 10000 HKD and there is no need of assets examination, while its levies tax is necessary. 4. Legal secretary : The government stipulates that a limited company must own a legal secretary, assumed by local natural person or legal person of Hong Kong. Generally speaking, we can help you to arrange a legal secretary ( with register address ) Our secretarial services include: Information and data processing, taking order, bank documents processing, telephone answering, mailing service, travel arrangements, meeting planning, research work, and telephone survey. A secretarial service could be done virtually through the Internet via e-mail, fax, telephone and the Internet to small, medium-sized, and home based businesses. Whatever gets the job done--non-traditional, but it works. 5. Annual Return : Each year the company must submit an annual return and penalties apply for late filings and there is an ever increasing vigilance by the Companies Registry for this purpose . 6. Accounting and auditing : Every company is required to appoint an auditor each year, an auditor must be qualified by virtue of the Hong Kong Professing Accountants and completely independent of the company. 7. Opening Bank Account : Bank account should be applied for after the company established. Opening an account in a bank generally demands the board directors to transact in person while we can offer cooperation, such as : Recommend opening bank/arrange opening bank to send letter of indication of signature testimony to office of the hinterland/prepare documents signed by accountant/minutes/opening application/arrange introducer/person assigned especially to the opening bank to help the transaction. 8. Other services in Hong Kong : ATA provides SMEs with assistance services such as trademark registration, corporate legalization or notarization, bank reference letter, entry visa or work permit.