Hong Kong Companies Registry releases statistics for first half of 2022

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A total of 50,087 local companies were newly registered during the first half of 2022, according to the statistics released by the Companies Registry today (July 15). The total number of local companies registered under the Companies Ordinance reached 1,386,592 as at the end of June this year.

The Registrar of Companies, Ms Kitty Tsui, said, “To meet the rising expectations and changing needs of businesses and the public, the Registry has extended its electronic submission services since June 27, 2022 to facilitate delivery of documents in electronic form to the Registry. The Registry will continue to strive for increasing efficiency and quality in the delivery of services.” Currently, a total of 43 newly covered documents can be delivered electronically through the e-Registry portal of the Registry or GovHK.

Phase 2 of the new inspection regime of the Companies Register under the Companies Ordinance will take place on October 24, 2022. Sensitive personal information on the Index of Directors on the Companies Register and newly delivered documents will be protected. The Registry has revised 26 specified forms which pertain to the reporting of the above sensitive personal information and published the same in the Gazette on June 24, 2022. These revised forms should be used upon the implementation of Phase 2 of the new inspection regime.

In the first half of 2022, 415 non-Hong Kong companies have newly established a place of business in Hong Kong and were registered under the Companies Ordinance. The total number of registered non-Hong Kong companies reached 14,481 by the end of June 2022.

The number of charges on properties of companies received for registration in the first half of 2022 was 9,154. The number of notifications of payments and releases received for registration in the first half of 2022 was 9,654.

The number of documents delivered to the Registry for registration during the first six months of 2022 was 1,326,939.

A total of 2,225,769 searches of document image records were conducted using the Registry’s electronic search services in the first half of 2022.

As for the licensing of trust or company service providers, during the first half of 2022, a total of 336 licences were granted. The number of licensees was 6,840 as at the end of June.

For details of the half-yearly statistics, please visit the “Statistics” section of the Registry’s website (www.cr.gov.hk).

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