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| No.2 April, 2011 |
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24-hour e-Registry portal launched |
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 People wishing to incorporate companies in Hong Kong can now do so online, round-the-clock from anywhere in the world, with the launch of the Hong Kong Government Companies Registry's new electronic incorporation service and its 24-hour e-Registry portal.
The time required for company incorporation and business registration has been significantly reduced from four working days to less than a day.
 Speaking at the launch ceremony (March 18), Secretary for Financial Services & the Treasury Prof KC Chan said a convenient and efficient company registration system is indispensable to Hong Kong as a leading international business and financial centre.
"The new service not only enhances the business environment in Hong Kong, but also puts Hong Kong on a par with comparable jurisdictions like the UK and Singapore in company registration. It will further enhance Hong Kong's competitiveness," he said.
Registrar of Companies Ada Chung said people can now incorporate companies and apply for business registration through the e-Registry portal. Any person who submits an application for company incorporation will be deemed to have applied for business registration at the same time. If the applications are successful, the Companies Registry will issue electronic certificates of incorporation and business registration certificates in one go.
A record high of 139,530 new local companies were incorporated with the Companies Registry in 2010. By the end of February 2011, the total number of local companies on the register had increased to 876,365.
Electronic incorporation service & 24-hour e-Registry portal - www.eregistry.gov.hk |
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