Hong Kong SAR pcl vs Limited

Hong Kong SAR pcl vs Limited

Legal Entity Comparison

Time of Update: 2026-03-31
Public Company Limited by Shares is a legal entity registered in the Hong Kong Special Administrative Region. It belongs to the joint-stock system, which means that shareholders collectively own the company's equity. As a limited liability company, the shareholders' liability is limited to the amount of shares they have subscribed for. This entity can participate in the market publicly, and its shares can be listed and traded on the stock exchange. According to the Hong Kong Companies Ordinance, this entity requires at least one shareholder and one director; there is no need to appoint a legal representative or have a local resident serve as a director. However, it does require a company secretary to handle the company's daily management and legal affairs. The minimum registered capital is 50,000 Hong Kong dollars, and there is no requirement for capital verification. It is important to note that the shareholders and directors of this entity can be the same person.

Hong Kong SAR Legal Entity Comparison

Legal entity type
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Hong Kong SAR Legal Entity Comparison

Basic Information

pcl
Limited
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Positive
Publicly Participates In Capital Market:
Negative

Shareholder / Director / Secretary Requirements

pcl
Limited
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

pcl
Limited
Minimum Registered Capital Requirement:
50,000 Hong Kong dollars
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.
Capital Injection Not Required:
Positive
Capital Injection Not Required:
Positive
Capital Injection Requirement:
N/A
Capital Injection Requirement:
N/A

Memo

pcl
Limited
Memo:
N/A
Memo:
N/A

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Applicable country/region
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