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The inward company re-domiciliation regime finally became effective in Hong Kong on 23 May 2025. The regime allows non-Hong Kong incorporated companies (such as companies incorporated in Cayman Islands, BVI and Bermuda) that fulfil the eligibility requirements to submit a formal application to the Hong Kong Companies Registry to re-domicile to Hong Kong. Upon the successful re-domiciliation to Hong Kong, companies will be regarded as companies incorporated in Hong Kong.
The re-domiciliation regime provides an exciting opportunity for non-Hong Kong incorporated companies to re-domicile to Hong Kong given that:
- It offers a simple and straightforward way for non-Hong Kong incorporated companies to re-domicile to Hong Kong, while preserving the company's legal identity. No judicial procedures or asset transfer is required.
- The regime is available to various types of non-Hong Kong incorporated companies which include: private company limited by shares, public company limited by shares, private unlimited company with a share capital and public unlimited company with a share capital.
- Re-domiciled companies can benefit from Hong Kong's business friendly environment, status as a major financial hub, strong regulatory framework and favourable tax regime.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
