Ease of Doing Business in

Hong Kong SAR, China

Hong Kong SAR, China Download Profile (1853.3KB, pdf)
Region East Asia & Pacific
Income Category High income
Population 7,305,700
GNI Per Capita (US$) 41,000
City covered Hong Kong



DB 2017 Rank



DB 2017 DTF (% points)

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Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 4 5 up
84.21 83.77 down
Starting a Business 3 4 up
98.20 98.12 up
Dealing with Construction Permits 5 5
84.82 84.78 up
Getting Electricity 3 5 up
99.02 94.74 up
Registering Property 61 60 down
69.79 69.78 up
Getting Credit 20 19 down
75.00 75.00
Protecting Minority Investors 3 3
80.00 80.00
Paying Taxes 3 3
98.69 98.69
Trading across Borders 42 42
88.94 88.94
Enforcing Contracts 21 21
72.57 72.57
Resolving Insolvency 28 27 down
75.06 75.06

Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

DB 2017 Rank: 3

DB 2016 Rank: 4

Change in Rank: up1

DB 2017 DTF (% points): 98.20

DB 2016 DTF (% points): 98.12

Change in DTF (% points): up0.08

Indicator Hong Kong SAR, China East Asia & Pacific OECD high income
Procedure – Men (number) info_outline 2.0 7.0 4.8
Time – Men (days) info_outline 1.5 23.9 8.3
Cost – Men (% of income per capita) info_outline 0.6 19.0 3.1
Procedure – Women (number) info_outline 2.0 7.1 4.8
Time – Women (days) info_outline 1.5 23.9 8.3
Cost – Women (% of income per capita) info_outline 0.6 19.0 3.1
Paid-in min. capital (% of income per capita) info_outline 0.0 12.3 9.2
No. Procedure Time to Complete Associated Costs

Choose a company name and obtain a certificate of incorporation

Agency: Companies Registry

A company name (which may be in English, traditional Chinese or both) can be searched online free of charge at the Companies Registry (www.icris.cr.gov.hk/csci/login_i.do?loginType=iguest&username=iguest ), however the acceptability of a company name can only be confirmed after an application has been processed.

A certificate of incorporation will be issued upon the filing of an incorporation form signed by the founder member(s) (for companies limited by shares this is a Form NNC1), a copy of the articles of association and a Notice to Business Registration Office (IRBR1). The incorporation form contains comprehensive information on the address of the registered office and particulars of the first secretary and first directors of a company. Paper submissions for incorporation normally require approximately four working days for the certificate to be issued. On 23 January 2014, the new Companies Ordinance (“the new CO”) abolishes the requirement to have a Memorandum of Association (“MA”) as a constitutional document of a local company. A company incorporated in Hong Kong under the new CO is only required to have Articles of Association (“AA”).

With the implementation of the "e-Registry" in 2011, applicants can now complete the incorporation and business registration process by submitting electronic applications online to the Companies Registry (www.eregistry.gov.hk). In straightforward cases, this enables registered users to complete the relevant procedures and download the electronic Certificate of Incorporation and Business Registration Certificate within one day.
Less than one day (online procedure) HKD 1,720 application fee + HKD 250 for business registration levy

Sign up Employee's Compensation Insurance and Mandatory Provident Fund (MPF) Schemes with a private company or a bank

Agency: Labour Department; Mandatory Provident Fund Schemes Authority (MPFA)

Pursuant to the Employees’ Compensation Ordinance (Chapter 282 of the Laws of Hong Kong) ("ECO"), an employer must take out insurance to cover liabilities for his employees (both full- and part-time) who experience accidents arising out of and in the course of employment, and resulting in injuries or fatalities.

In addition, except for persons exempted from joining a Mandatory Provident Fund (“MPF”) scheme, employers must enroll their regular employees (i.e. employees who are at least 18 but under 65 years of age and employed for 60 days or more) and where applicable, their casual employees (i.e. employees are at least 18 but under 65 years of age and employed in the construction or catering industry on a day-to-day basis or for a fixed period of less than 60 days) in an MPF scheme administered by any MPF approved trustee in Hong Kong and make MPF contributions accordingly. Scheme enrollment can be arranged through MPF registered intermediaries, which include banks and insurance companies.

The newly incorporated company can apply for setting up the Employee's Compensation Insurance and MPF Scheme anytime after incorporation.

The procedure can be done online via various private insurance providers’ web portals. However, most businesses prefer to have advisory meeting with insurance service provider rather than reviewing all information online by themselves.
1 day no charge