Redomiciliation of Companies to Hong Kong
Hong Kong's redomiciliation regime, effective from 23 May 2025 under Part 17A of the Companies Ordinance (Cap. 622), enables eligible foreign companies to transfer their incorporation to Hong Kong without winding up. This strengthens Hong Kong's position as a premier international business hub.
Eligible companies include public/private companies limited by shares and unlimited companies with share capital. Requirements include at least one year of incorporation, compatibility of company type and legal permission from the original jurisdiction. Applications must comply with Hong Kong's Companies Ordinance and not serve unlawful purposes.
The process involves submitting Form NNC6, a legal opinion from the original jurisdiction, proposed Articles of Association, Form IRBR5 and paying business registration fees. Post-registration filings must be completed within 15-30 days.
Jurisdiction-specific exit steps include:
- Bermuda: Ministerial approval, public notices, statutory declarations.
- BVI: Gazette notice, creditor notification, security declaration.
- Cayman: Notices to creditors, director affidavits, financial statements.
- Belize: Member approval, compliance with local law, filings with the registry.
- Seychelles: Member approval, creditor protection, compliance with IBC Act.
- UAE: Varies by free zone; typically includes registrar approval, member resolution, and office lease