In foreign countries, family offices have become a mainstream trend, family offices have a long history, in recent years, the management concept of family offices has spread to China, and has gradually been used by entrepreneurs in various fields. There have been successful registration cases in Qingdao, Ningbo, Khorgos, Xianning, Guangzhou, Hong Kong, and other places, but because it is an emerging industry, many areas are not open or closed after a period of opening. Family offices still belong to the sunrise industry in China, and the development space is still very broad.
Under China's current legal structure, family offices as an emerging field do not yet have mature laws and regulations, nor do they have corresponding regulators and industry associations. At present, most of the family offices in China are registered as investment consulting or financial consulting limited liability companies as the main body of operation, and the reason why they are registered as limited liability companies is mainly due to the long-term consideration of the sustainable development and growth of family offices. Unlike ordinary wealth institutions, family offices are pure buyer-oriented professional service institutions and a bridge that can build a deep relationship of trust with customers.
At present, all family office registrations have been cancelled in China, if you want to acquire a family office, after the equity change, you also need to force a change of industry, and the words family office cannot appear. So now, in addition to foreign countries, Hong Kong is the most convenient and relatively simple place to register a family office. The following small series will introduce in detail what conditions and some information are required for registering a family company in Hong Kong.
Hong Kong Family Office Registration Requirements:
1. One or more shareholders who are at least 18 years old (no nationality restrictions);
2. A statutory secretary shall be established;
3. Registered address;
4. The registered capital defaults to 10,000 Hong Kong dollars (subscription system), the maximum is not limited, but it is not recommended to write too high, otherwise the equity transfer will generate high taxes;
5. The registration of a Hong Kong company also requires an English name, you can take the Chinese name and then we will translate it, ending with a limited company.
6, the scope of business, there are not too many strict restrictions.
Documents required for registration:
1. Newly registered company name;
2. All shareholders provide valid ID photos and sign their names on A4 paper;
3. All shareholders holding ID card photos;
4. Proportional distribution of shares;
5. Contact person or company phone number (convenient for subsequent mailing documents).
Registration time: 7 working days.
After registration, there will be a set of Hong Kong company information: including certificate of incorporation, business registration certificate, share capital, register of shareholders, long stamp, medallion, steel seal and other information.
Compared with the European and American home-run industry, the Hong Kong home-run industry still has a long way to go. However, we can see that family offices have become a "new driving force" for the upgrading and development of the wealth management industry. If you still have questions or other questions about the article, you can communicate with me further.