Applicants must be at least 18 years old, hold a valid Hong Kong identity card or passport of any country, and provide a Hong Kong address as the company's registered office. They must also appoint a company secretary. If the company secretary is an individual, they must be a Hong Kong resident; if the company secretary is a legal entity, the registered office address must also be in Hong Kong.

The main steps include: choosing the company type and name, preparing registration documents (such as articles of association, incorporation forms, and business registration notices), submitting the application, paying the registration fee, and obtaining the company registration certificate and business registration certificate after approval.

An incorporation form (such as NNC1 or NNC1G), articles of association, and notice of business registration are required. Directors must sign the relevant documents and provide copies of their passports and proof of address.

No, the registered office address must be in Hong Kong.

Yes, foreign individuals or companies can wholly own a Hong Kong company.

The company is required to appoint an auditor and prepare financial statements and audit reports annually.

Annual returns must be submitted every year, business registration certificates must be renewed, company secretaries and registered addresses must be maintained, and taxes and audits must be filed on time.

Some banks allow remote account opening, but in most cases, directors still need to go to Hong Kong in person to handle the process, depending on the bank's policy.

The company name must be unique and cannot be duplicated with an existing company, nor can it contain restricted or illegal words.