Number of newly incorporated companies remains high in 2016

  • January 19,2017
  • According to the World Bank's Doing Business 2017 report, Hong Kong's ranking in "starting a business" went up to third internationally.
    The total number of local companies registered under the Companies Ordinance has continued to grow, reaching 1,341,223 at the end of 2016, up 52,557 from the corresponding figure at the end of 2015, according to the statistics released by the Companies Registry today (January 8).

    In 2016, a total of 144,883 local companies were newly registered with the Companies Registry. For details of the statistics, please visit the "Statistics" section of the Registry's website (

    Back to news


    Client References

    Chris and Bonnie at Prism have been an absolute pleasure to work with. They clearly explained the application process, assisted in drafting necessary documents and were always available to address any questions or concerns. We couldn't have asked for better consultants.

    testimonial 1
    Cinar, Karazona

    Director, Organic Modernism Limited

    Prism Visas $
    14/F, Tung Wai Commercial Building, 109-111 Gloucester Road, WanChai Hong Kong, Hong Kong
    Phone: +852 3464 5200

    Free Assessment

    Connect with Prism