Group 1 - The total number of local companies and registered companies in Hong Kong reached 1,557,103 by the end of 2025, an increase of 96,609 from 2024, marking a historical high [1][3] - In 2025, 1,532 non-Hong Kong companies established business locations in Hong Kong and registered under the Companies Ordinance, with a total of 15,586 registered non-Hong Kong companies by the end of 2025, reflecting a 3% increase from 2024 [1][3] Group 2 - The company migration system implemented on May 23, 2025, received over 420 inquiries and 30 applications, with 6 non-Hong Kong entities successfully migrating to Hong Kong [3] - The migration system offers a simple and cost-effective way for non-Hong Kong companies to avoid complex and expensive legal procedures while retaining their legal identity, thereby ensuring business continuity and enhancing Hong Kong's competitiveness as an international business and financial center [3]

Group 1 - In 2025, the total number of newly established local companies and registered companies in Hong Kong reached 195,343, with a total of 1,557,103 companies registered by the end of the year, marking an increase of 96,609 from 2024, a record high [1] - The number of non-Hong Kong companies that established business locations in Hong Kong and registered under the Companies Ordinance was 1,532 in 2025, with a total of 15,586 non-Hong Kong companies registered by the end of the year, reflecting a 3% increase from 2024 [1] - The company migration system implemented on May 23, 2025, received over 420 inquiries and 30 applications by the end of the year, successfully allowing six non-Hong Kong entities to migrate to Hong Kong [1] Group 2 - The number of property mortgages registered in 2025 was 12,912, an increase of 6.4% from 12,137 in 2024, while the number of notices for repayment and discharge of property mortgages rose by 14.2%, from 18,201 in 2024 to 20,789 in 2025 [2] - A total of 180 company prospectuses were registered in 2025, compared to 157 in 2024 [3] - The total number of documents submitted for registration in 2025 was 3,360,723, a 7% increase from 3,139,906 in 2024 [4] Group 3 - The number of newly registered limited partnership funds in 2025 was 389, bringing the total to 1,347 by the end of the year, which is a 35.1% increase from 2024 [4] - In 2025, 210 new open-ended fund companies were established, resulting in a total of 676 open-ended fund companies by the end of the year, an increase of 43.2% from 2024 [4] - A total of 760 new licenses were issued to trust or company service providers under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance in 2025, with a total of 7,220 license holders by the end of the year [4] - The court issued 155 new licenses for money lenders in 2025, resulting in a total of 2,015 licensed money lenders by the end of the year [4]

Group 1 - The total number of registered local companies in Hong Kong reached a record high of 1,494,806 by the end of June 2023, with 84,293 new local companies established in the first half of the year [1] - The number of registered non-Hong Kong companies also hit a historical peak, totaling 15,509, with 761 new registrations in the same period [1] - Two measures to optimize the Companies Ordinance were implemented in the first half of the year, facilitating business operations and attracting investment [1] Group 2 - A total of 5,970 company property mortgages were registered in the first half of the year, while 9,915 notices of repayment and discharge of property mortgages were recorded [2] - The total number of documents submitted for registration at the Companies Registry reached 1,678,809 in the first six months [2] - The number of newly registered limited partnership funds was 116, bringing the total to 1,099 by the end of June [2]

Core Points - Hong Kong government has introduced a new company re-domiciliation system to attract global businesses, officially implemented on May 23, 2024 [2] - The new regulation allows foreign companies to relocate their registered office to Hong Kong while maintaining their legal identity and business continuity [4][6] - The re-domiciliation process is one-way, permitting only foreign companies to move to Hong Kong, not the other way around [4] Summary of the Re-domiciliation System - The re-domiciliation system simplifies the process for overseas companies to change their registered location to Hong Kong without the need for complex procedures like liquidation [4][6] - Companies can retain their existing contracts, debts, and corporate structure, effectively just changing their registered address [4][6] Advantages of Re-domiciliation - **Tax Optimization**: Companies can apply for unilateral tax credits for profits already taxed abroad, avoiding double taxation, and there is no stamp duty involved in the re-domiciliation process [7] - **Equal Treatment**: Companies that re-domicile will automatically receive the same legal status as local Hong Kong companies [7] - **Operational Continuity**: Companies can keep their original name and business registration number, ensuring a seamless transition [7] Eligibility and Requirements - Eligible company types include public and private limited companies, and companies must maintain their original type post-re-domiciliation [8] - Basic eligibility conditions include a clean legal record, operational history of at least one fiscal year, and financial health to cover upcoming debts [8] - Member consent is required for the re-domiciliation, with at least 75% approval needed if no specific provisions exist in the original jurisdiction [8] Application Process - The application involves preparing statutory forms, governance documents, and financial statements, with a standard processing time of approximately 14 working days [20] - Additional requirements apply for financial institutions, which must engage with regulatory bodies prior to re-domiciliation [22] Compliance Post-Re-domiciliation - Companies must submit proof of deregistration from their original jurisdiction within 120 days of receiving the re-domiciliation certificate [24] - Establishing a registered office in Hong Kong and appointing a licensed company secretary are mandatory for compliance [26] Strategic Implications - The re-domiciliation mechanism provides a significant opportunity for companies to restructure their global operations in response to international tax reforms and compliance simplifications [27]