Setting up a Hong Kong company is more affordable than many entrepreneurs expect, with total initial costs typically starting from around HK$9,000–HK$10,000 including government fees when using an entry-level incorporation package. Hong Kong continues to rank as one of the most cost-efficient global business hubs thanks to its low tax regime, straightforward compliance requirements, and minimal capital obligations. In this 2025 guide, we break down every cost, from one-time company formation fees and government charges to ongoing annual expenses and optional services such as accounting, audit, tax filing, and registered address support. Whether you’re launching a new venture or expanding into Asia, this guide will help you understand the full cost of forming and running a Hong Kong company with clarity and confidence.
Key Summary
Affordable Incorporation
Hong Kong company setup can typically be completed with a total initial outlay of around HK$9,000–HK$10,000, including government fees, when using FastLane’s basic package.
Annual Costs
Company secretary, registered address, NAR1, and BRC renewal are recurring expenses.
Optional Services
Virtual office, payroll, cloud accounting, and bank support improve efficiency.
Professional Support
FastLane ensures smooth setup, compliance, and tailored accounting.
FastLane Advantage
Transparent pricing, dedicated team, digital tools, and trusted by 1,000+ businesses.
1. Breakdown of Hong Kong Company Formation Costs
1.1 One-Time Incorporation Costs
When setting up a Hong Kong company, the initial costs are relatively low compared to other major business jurisdictions. The main one-time expenses include government fees, statutory filings, and optional professional services, depending on how much support you need during the incorporation process.
1.1.1 Company registration government fees
The Hong Kong Companies Registry charges a fixed fee for incorporating a limited company. This includes the incorporation form, articles of association filing, and essential government processing charges.
1.1.2 Required documents and statutory filings
To complete incorporation, you must prepare and file:
- Incorporation Form (NNC1)
- Articles of Association
- Business Registration Certificate application
- Director, shareholder, and company secretary details
- A Hong Kong registered address
These filings are mandatory whether you apply directly or through a service provider.
1.1.3 Expected price range
In Hong Kong, there is an unavoidable baseline cost in government fees of about HK$3,745–HK$3,920 (Companies Registry + 1-year Business Registration Certificate).
Your total cost then depends on the route you choose:
- DIY via Companies Registry: You only pay the government fees (around HK$3,745–HK$3,920), but you receive no support with documents, banking or compliance.
- Professional incorporation provider: Service fees typically range from HK$8,500–HK$30,000, depending on added services such as company secretary, registered address, bank account support, and compliance guidance. Government fees are payable on top of these service charges.
1.2. Formation Cost When Applying Directly With the Companies Registry
Some entrepreneurs choose to incorporate directly with the Companies Registry to minimize costs. While this is the cheapest method, it comes with several trade-offs.
1.2.1 Pros
- Lowest upfront cost
- Direct submission to the government
- Suitable if you already have a Hong Kong address and a qualified company secretary
1.2.2 Cons
- No advisory or guidance throughout the process
- No assistance with document preparation
- No reminders for compliance deadlines
- No help with banking, licensing, or ongoing statutory obligations
1.2.3 Mandatory requirements: HK address + HK company secretary
Incorporating directly requires:
- A Hong Kong registered address
- A Hong Kong resident or Hong Kong company acting as your company secretary
If you do not already have these, you must source them independently, which often brings you back to needing a service provider.
1.2.4 Limitations
DIY incorporation means:
- No support for bank account opening (a common challenge for foreigners)
- No compliance guidance (SCR, NAR1, BR renewal, tax requirements)
- No help in avoiding penalties from late filings
This route is only recommended for those with strong Hong Kong regulatory experience.
1.3. Formation Cost When Using a Professional Incorporation Provider
For most entrepreneurs, especially non-residents or those unfamiliar with Hong Kong’s compliance regime, using a professional incorporation provider is the most efficient and reliable option.
1.3.1 Typical market price range
Professional service providers usually charge HK$8,500 to HK$30,000, depending on the package and inclusions. Higher-priced packages typically include additional support such as bank account assistance and premium address services.
1.3.2 What’s usually included
A reputable Hong Kong incorporation service typically bundles:
- Company secretary service (1 year)
- Registered office address (1 year)
- Filing of incorporation documents
- Business Registration Certificate (BRC)
- Preparation of company kit and digital statutory documents
- Support with initial compliance requirements
1.3.3 Value-added services
Many providers offer extra features that make setup and ongoing compliance much easier, such as:
- Assistance with Hong Kong or virtual bank account opening
- Designated representative for SCR maintenance
- Digital compliance tools for filing reminders and document storage
- Cloud accounting onboarding and bookkeeping support
- Mail forwarding, scanning, or virtual office services
- Guidance on tax filing and annual audit requirements
1.4. FastLane’s Transparent Company Incorporation Pricing
FastLane offers clear, upfront pricing with no hidden charges and no surprise add-ons. Our incorporation packages start from:
| FastLane Package | Price |
| Basic Limited Company | HK$5,350 |
| Limited Company with Address | HK$6,350 |
| Limited Company with Secretary | HK$6,350 |
| All-Inclusive Limited Company | HK$9,300 |
Note:
Government fees are separate and mandatory for all Hong Kong companies:
- HK$1,545–HK$1,720 (Companies Registry)
- HK$2,200 (Business Registration Certificate, 1-year)
Total government fees: HK$3,745–HK$3,920, depending on the filing method.
Read: Hong Kong SME Funding Guide 2025
Beware of Low-Cost Incorporation Packages in the Market
Some firms advertise ultra-low entry prices (e.g., HK$1,000–HK$2,000), but these headline numbers often exclude mandatory items, which quickly increases the real cost. Most “cheap” packages require paying extra for:
- Company secretary (mandatory by law)
- Registered office address (mandatory by law)
- SCR designated representative (mandatory)
- Annual Return filing
- Certified documents for bank account
- Online statutory registers
- Company kit and documents
- Bank support fees
- KYC/AML checks
Once these hidden fees are added, the final cost frequently exceeds HK$10,000–HK$15,000 — far above FastLane’s transparent HK$5,350–HK$9,300 range.
2. Mandatory Annual Costs to Run a Hong Kong Company
Running a Hong Kong limited company comes with statutory annual obligations. Understanding these ongoing costs ensures compliance, avoids penalties, and helps you budget effectively. The main recurring expenses include company secretary and registered address fees, annual return filing, and business registration renewal.
2.1. Company Secretary + Registered Address
Legal requirements
Every Hong Kong company must appoint a company secretary and maintain a registered office address in Hong Kong. The company secretary is responsible for ensuring statutory compliance, maintaining corporate records, and acting as the designated representative for the Significant Controllers Register (SCR).
Typical market rates in Hong Kong
Annual fees for professional company secretary and registered office services usually range from HK$2,500 to HK$5,000 depending on the provider and service level.
FastLane’s annual fees
FastLane offers a comprehensive company secretary and registered address service at HK$3,000/year, which includes:
- Acting as the designated SCR representative
- Maintaining statutory records
- Compliance reminders for filings and renewals
Importance of a professional designated representative
Hiring a qualified professional reduces the risk of non-compliance with SCR regulations. Failing to maintain accurate records or meet filing obligations can result in fines or prosecution. FastLane’s service ensures your company remains fully compliant year-round.
2.2. Annual Return Filing (NAR1)
The annual return (NAR1) must be filed with the Companies Registry on the company’s incorporation anniversary. This report provides details of the company’s directors, shareholders, and shareholding structure.
Government filing fee
- On-time filing: HK$105
- Late filing: up to HK$3,480
Penalty structure
Late submission not only increases government fees but can also expose company officers to legal liability.
How FastLane handles NAR1 filing
FastLane proactively monitors deadlines and submits the annual return on your behalf, ensuring timely compliance. This protects your company from penalties and keeps your statutory records up-to-date.
2.3. Business Registration Certificate (BRC) Renewal
Annual BR fee (2025–26 rate)
The Hong Kong Business Registration Certificate must be renewed annually. For 2025–26, the government fee is HK$2,200.
Penalties for late renewal
Late renewal incurs a penalty of HK$300, and extended delays may result in further legal consequences.
How renewals work via your company secretary provider
If you use FastLane company secretary and registered office services, BRC renewal handling is included. The government fee of HK$2,200 is billed separately at cost, and we provide filing support and reminders so you never miss the renewal deadline.
2.4. Essential Accounting & Compliance Costs
Maintaining accurate accounts and fulfilling statutory compliance obligations is critical for any Hong Kong company. Proper bookkeeping, annual audits, and timely tax filings not only keep your company legally compliant but also help you make informed business decisions.
2.5 Bookkeeping & Accounting
Why all Hong Kong companies need proper management accounts
Hong Kong companies are required to maintain proper financial records throughout the year. These management accounts form the foundation for audits, tax filings, and business decision-making. Even if your company has minimal transactions, accurate bookkeeping ensures compliance and avoids penalties.
In-house vs. outsourced accounting
- In-house accounting: Suitable for businesses with a dedicated finance team, but can be resource-intensive.
- Outsourced accounting: Flexible and cost-efficient, ideal for SMEs and startups, allowing you to focus on business growth while experts handle accounts.
Typical cost factors
Accounting fees depend on number of transactions, complexity of operations and industry-specific requirements
FastLane’s cloud-accounting approach
FastLane provides cloud-based accounting solutions, giving you real-time access to financial data, automated reporting, and secure document storage. This digital approach simplifies bookkeeping, reduces errors, and supports smoother audit preparation.
2.6 Audit & Profits Tax Filing
Mandatory annual audit requirement
All Hong Kong limited companies must undergo an annual statutory audit, regardless of revenue or size. The audit ensures your financial statements are accurate and compliant with Hong Kong Financial Reporting Standards. Your company receives its first Profits Tax Return (BIR51) approximately 18 months after incorporation, with subsequent returns issued annually in May.
Typical cost range
Audit and Profits Tax Return (PTR) filing fees vary depending on company turnover, business model and volume of transactions
2.7 Employer’s Return (BIR56A)
If your company employs staff, the Employer’s Return (BIR56A) must be submitted to the Inland Revenue Department. This return reports employee salaries for the year and must be filed within one month of issuance.
Penalties for non-compliance
Late submission of BIR56A may result in financial penalties, additional interest, or legal consequences for company directors.
How FastLane supports employer filings
FastLane handles BIR56A submissions on behalf of your company, ensuring timely compliance and reducing administrative burden. Our team also provides reminders and guidance for accurate reporting, helping you avoid unnecessary fines.
3. Optional Costs Depending on Business Needs
While Hong Kong companies benefit from low incorporation and statutory costs, certain optional services can help streamline operations, improve compliance, and support business growth. These additional services are tailored to your company’s specific needs and industry requirements.
3.1 Virtual Office or Mail Handling
Many SMEs and startups choose a virtual office or mail handling service to maintain a professional presence in Hong Kong without leasing physical office space. This service typically includes:
- Receiving and scanning mail
- Forwarding correspondence
- Using a prestigious business address for company registration
The cost varies depending on location and service level but can range from HK$1,500 to HK$5,000 per year. FastLane offers integrated virtual office solutions for easy compliance with registered address requirements.
3.2 Bank Account Opening Assistance
Opening a Hong Kong corporate bank account can be challenging due to strict KYC/AML regulations. Professional incorporation providers, like FastLane, offer bank account opening support, including:
- Preparing certified company documents
- Coordinating meetings with banks
- Advising on suitable banking solutions for your business model
This optional service reduces the risk of delays and improves the chances of account approval.
3.3 Cloud Accounting Subscriptions
Cloud accounting platforms, such as Xero, simplify bookkeeping, invoicing, and real-time financial reporting. Typical subscription costs start from HK$300–HK$600 per month depending on features. Integrating cloud accounting with FastLane’s services allows seamless reporting for audits, tax filing, and management accounts.
3.4 Payroll Services
For companies with employees, outsourced payroll services ensure accurate salary calculations, statutory deductions (MPF, tax), and timely payments. Fees are usually HK$50–HK$150 per employee per month, depending on payroll complexity. FastLane supports payroll management to reduce administrative burdens and maintain HR compliance.
3.5 HR Compliance Tools
Companies with larger teams may need tools to track employment contracts, leave, benefits, and statutory filings. Optional HR software ensures:
- Compliance with Hong Kong labor laws
- Efficient leave and attendance management
- Digital storage of HR records
Costs vary based on the number of employees and software features.
3.6 Additional Licenses (If Required)
Certain industries in Hong Kong require special licenses or permits, such as:
- Food & beverage
- Education
- Financial services
License fees depend on the sector and complexity. FastLane can guide businesses through the application process and ensure timely approval.
Read: How Much Does Payroll Services Cost in Hong Kong?
4. Hong Kong Company Formation & Annual Costs (2025)
For SMEs and startups, understanding all costs involved in setting up and maintaining a Hong Kong company is crucial for budgeting and compliance. Below is a clear breakdown of government fees, typical market prices, and FastLane’s transparent pricing for 2025.
| Category | Government Fee | Typical Market Price | FastLane Price | Frequency |
| Company Incorporation | HK$1,545–HK$1,720 | HK$8,500–30,000 | HK$5,350–HK$9,300 | One-off |
| Registered Address + Company Secretary | – | HK$2,500–5,000/year | HK$3,000/year | Annual |
| NAR1 Annual Return Filing | HK$105 | + service fee | Service fee included (government fee HK$105 billed at cost) | Annual |
| Business Registration Certificate | HK$2,200 | Same | Handling included (government fee HK$2,200 billed at cost) | Annual |
| Accounting / Bookkeeping | – | HK$3,000+ | Custom quote | Annual |
| Audit & Profits Tax Filing | – | HK$5,000–30,000+ | Custom quote | Annual |
| Employer’s Return (BIR56A) | – | HK$1,000+ | Included with service | Annual |
| Optional Services | – | HK$1,500–10,000+ | Custom quote | As required |
5. Why FastLane Group Is the Smartest Choice for Company Formation
Starting a Hong Kong company is a major step, and choosing the right incorporation partner can save you time, money, and stress. FastLane Group stands out for businesses seeking transparent, efficient, and reliable services.
- Transparent Pricing with No Hidden Fees
FastLane provides clear, upfront pricing for all incorporation and annual maintenance services. No hidden government or service fees. - Dedicated Support Team
Our expert team guides you from company formation to compliance filings by ensuring smooth and hassle-free operations. - Digital Workflows and Cloud Tools
Leveraging cloud-based systems, FastLane makes document submission, bookkeeping, and communication fast, secure, and paperless. - One-Stop Shop for Incorporation, Accounting, Audit & Tax
From company registration and registered address services to auditing and profits tax filing, all your business needs are handled under one roof. - Trusted by 1000+ Hong Kong and International Businesses
Companies of all sizes trust FastLane for compliance, cost-efficiency, and professional guidance.
Start today and experience the fastest, simplest way to incorporate a Hong Kong company. Contact us today for a consultation!
FAQs: Hong Kong Company Formation Cost
1. What is the minimum capital required?
Hong Kong law does not require a minimum share capital for limited companies. Most SMEs start with HK$1 as the nominal capital.
2. Are there hidden government fees?
No. All statutory government fees (for incorporation, NAR1 filing, and BRC renewal) are clearly itemised in your quotation and billed at cost. Our service fees are fixed and transparent, so you won’t encounter any surprise charges.
3. Do I need to be in Hong Kong to incorporate?
No. You can incorporate a Hong Kong company remotely with FastLane. Our team handles registration, documentation, and statutory filings on your behalf.
4. What documents are needed?
Typically, directors and shareholders provide:
- Proof of identity (passport or HKID)
- Residential address proof
- Company name choice
- Business activity details
5. How long does incorporation take?
With FastLane’s streamlined digital workflows, most Hong Kong companies are incorporated within 3–5 business days, subject to government processing times.
