Incorporation of
Non-Government Organization (NGO)
1. Charity Services
- The basic structural requirements of a Hong Kong company limited by guarantee are At least 2 members
- At least 2 directors (a body corporate cannot be a director of a public company or company limited by guarantee)
- At least 1 company secretary
Non-Government Organization (NGO)
Our services include
Registration of Company Name with the Government
Application for Certificate of Incorporation
Application for Business Registration Certificate
Preparation of 20 copies of articles of association
Production of company stock books
Production Company Logbook
One long atomic signature seal, one small atomic round seal and one metallic steel seal of the production company
Assistance in applying to the Inland Revenue Department for recognition as a charitable institution
2. Established as a recognised charitable organisation
- A recognised charity is a charitable institution or a charitable trust of a public character which is exempt from tax under section 88 of the Inland Revenue Ordinance for charitable purposes, or a donation to the Government for charitable purposes. (Section 2 of the Inland Revenue Ordinance)
- If successfully recognised as a charity, the company will be included in the list of charities and charitable trusts exempt from tax under section 88 of the Inland Revenue Ordinance and the general public can check whether their donations can be claimed as a deduction on their tax returns.
The purposes for which a charitable body is established need to meet the following requirements.
Helping the poor
Promoting Education
Promoting Religion
In addition to the above, other objects of a charitable nature for the benefit of the community
3. Why a charity?
- Exempt from business registration.
- Exemption from taxation under the Inland Revenue Ordinance.
- A charitable institution or trust of a public character carrying on any trade or business is exempt from profits tax only if the profits derived from that trade or business are
- Profits will be used for charitable purposes only.
- The majority of the profits generated are not used outside Hong Kong.
the trade or business is carried on in practice in accordance with the express objects of the institution or trust
(e.g. religious bodies may sell religious pamphlets and leaflets).
The work associated with the trade or business is carried on mainly by certain persons for whose benefit the institution or trust is established
(for example, a society for the protection of the blind may arrange for the sale of handicrafts made by blind persons).
4. Applying for the Charities Approach
What is Hong Kong Guarantee Company Limited?
- A company limited by guarantee, also known as a company limited by guarantee or a company limited by guarantee (liability), in which the liability of the shareholders is limited to the amount of the guarantee they have given to commit assets to the company in the event of its winding up, rather than, or not only, to the amount of their capital contribution to the company.
- For more information on the formation of a Hong Kong company limited by guarantee service, please contact our professional advisors and we will provide you with a free consultation service.
Hong Kong Company