The construction industry in Hong Kong
Hong Kong’s construction industry flourishes as the city is expanding rapidly and the demand for new spaces is constant. Because the city is an important Asia hub for business, construction companies in Hong Kong specialize both in the construction of office buildings and in the construction of apartment blocks and houses.
Construction companies in Hong Kong are also working on the export market, for building and construction services in Asia. The Chinese Mainland is one of the biggest employer and construction services abroad include project management, engineering and contracting.
Investors who are interested in setting up a company in Hong Kong in the construction sector need to observe the legislation for company incorporation. Our Hong Kong company formation agents can offer you specialized counselling and advice regarding company registration in Hong Kong.
A construction company in Hong Kong
Construction companies in Hong Kong can operate in the public or private sector. Construction activities are diverse and can address various needs. Most construction companies in Hong Kong specialize in one business sector, but larger companies offer various services.
Common types of construction companies include those that handle buildings (residential, commercial or storage buildings), structures and facilities (transport, sport arenas, other buildings for recreational purposes) and non-construction facilities (maintenance and repair, décor and design, etc.)
Opening a construction company
An investor in Hong Kong who wants to start a construction business can choose its target market and the rage of services provided according to his own business plan and goals of the company. Regardless of the services offered, construction companies will need to comply with specific regulations and obtain special permits and licenses to perform their various activities.
The company registration process in Hong Kong is simple and straightforward. The types of companies that can be opened here are the private and public limited liability companies, as well as the sole proprietorship and other business partnerships. Independent contractors can choose to work on their own, as sole proprietors, but most investors on the building and construction field will open a company in Hong Kong.
For more details about company formation in Hong Kong and other services like company management, please contact our company incorporation representatives in Hong Kong.