Share Capital
Share Capital is the ownership of the company as held by the shareholders.
Share Capital is the ownership of the company as held by the shareholders. This would be in the form of the stocks, or shares, for the company. A limited company must have at least one founder member with at least one share of the company. This would establish ownership of the company by a shareholder.
The Hong Kong company regulation does not require that 1 share must be worth of 1 HKD. The share capital for a company can be in any currency, but must have at least 1 share for a company. It is the total share capital available and registered for the company. Therefore the share capital can be in HKD, USD, EURO, GBP, RMB, or other currencies chosen by the shareholders.
The founding members are not required to submit the share capital amount to the government nor into the company bank account. They may choose to deposit this amount into the company bank account later on, but are not required by law when incorporating the company in Hong Kong.
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