What Is Share Capital and When Must It Be Paid?

Share capital is the total value of issued shares and there is no statutory minimum in Hong Kong.

Requirements:

• Hong Kong companies are not required to have a minimum share capital.
• The standard practice is to issue at least one share with paid-up capital of HK$1.00 at incorporation.

Timing of Payment:

• Upon company incorporation.
• During allotment or transfer of shares after incorporation.
• At a fixed or unspecified future date.
• When the company makes a call on shares.
• Upon winding up, to the extent that issued share capital remains unpaid.