Hong Kong SAR Limited vs pcl
Legal Entity Comparison
Time of Update: 2026-03-31
Limited is a legal entity in the Hong Kong Special Administrative Region, with the full name Private Company Limited by Shares. It belongs to the form of a combined ownership, where the shareholders own the company but do not directly participate in its management. Limited is a type of limited liability company, and the shareholders' liability is limited to the shares they subscribe to. This type of company does not publicly participate in the market and does not issue shares to the public.
According to Hong Kong law, a Limited company must have at least one shareholder and at least one director. Unlike companies in other countries/regions, a Limited company may not be required to appoint a legal representative and may not need to have a local person serve as a director. However, a Limited company must appoint a company secretary.
The minimum registered capital is theoretically 1 Hong Kong dollar, but in actual registration, it defaults to 10,000 Hong Kong dollars. If the registered capital exceeds 10,000 Hong Kong dollars, a stamp duty of 0.2% is required when transferring shares. Limited companies do not require capital verification and have no capital verification requirements. Overall, Limited companies are a flexible form of company suitable for small or family businesses.
According to Hong Kong law, a Limited company must have at least one shareholder and at least one director. Unlike companies in other countries/regions, a Limited company may not be required to appoint a legal representative and may not need to have a local person serve as a director. However, a Limited company must appoint a company secretary.
The minimum registered capital is theoretically 1 Hong Kong dollar, but in actual registration, it defaults to 10,000 Hong Kong dollars. If the registered capital exceeds 10,000 Hong Kong dollars, a stamp duty of 0.2% is required when transferring shares. Limited companies do not require capital verification and have no capital verification requirements. Overall, Limited companies are a flexible form of company suitable for small or family businesses.
Hong Kong SAR Legal Entity Comparison
Hong Kong SAR Legal Entity Comparison
Basic Information
Limited
pcl
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Publicly Participates In Capital Market:
Positive
Shareholder / Director / Secretary Requirements
Limited
pcl
Requirements For Shareholders:
At least one
Requirements For Shareholders:
At least one
Requirements For Directors ::
At least one
Requirements For Directors ::
At least one
Legal Representative Not Mandatory:
Positive
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Negative
Local Secretaries Not Mandatory:
Negative
Registered Capital Requirement
Limited
pcl
Minimum Registered Capital Requirement:
1. Starting from HK$1 in principle;
2. Default of HK$10,000 upon company registration;
3. If exceeding HK$10,000, a stamp duty of 0.2% is required when converting shares.
2. Default of HK$10,000 upon company registration;
3. If exceeding HK$10,000, a stamp duty of 0.2% is required when converting shares.
Minimum Registered Capital Requirement:
50,000 Hong Kong dollars
Capital Injection Not Required:
Positive
Capital Injection Not Required:
Positive
Capital Injection Requirement:
N/A
Capital Injection Requirement:
N/A
Memo
Limited
pcl
Memo:
N/A
Memo:
N/A
HK
Hong Kong SAR
CI - Company Incorporation
Hong Kong Limited Company Registration
From CNY 7,250.00 / Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
HK - Hong Kong SAR
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