On June 5, the Hong Kong Special Administrative Region Government’s Invest Hong Kong held its annual welcome reception at the Government Headquarters, attended by more than 380 representatives from global companies. Lee Ka-chiu personally attended the event.

Image from the web

A set of figures was released at the event:

• In the first half of 2026, a total of413 companiesMainland and overseas companies established or expanded their operations in Hong Kong, representing a year-over-year increase of approximately 10%
• Expected to generate more than53 billion Hong Kong dollarsForeign Direct Investment, up year-over-year36%
• Generate more than8,600New Job Openings

Lee Ka-chiu put it very plainly: “Companies choose Hong Kong because it is not just a market, but also a strategic hub with a global reach.”

The next day, Hong Kong’s Financial Secretary Paul Chan further defined this “pivot” in a public setting—under the nation’s “dual circulation” strategy, Hong Kong is playing a role in“Super Contacts” and “Converters”Its dual functions help mainland enterprises connect with global markets.

01 Order No. 837 Takes Effect on July 1; Hong Kong’s Role Is Being Redefined

The timing of this data release is quite interesting—with less than a week remaining before Order No. 837 officially takes effect.

What are the key changes in Order No. 837? The filing requirements for individual overseas investments have been incorporated into the “penetrative supervision” framework, and the phrase “Hong Kong, Macao, and Taiwan shall follow these provisions” clearly outlines the approach:Hong Kong companies are no longer beyond the law.

But this isn’t a negative development. Quite the contrary—once regulators have squeezed out the excess,The prices for truly valuable Hong Kong company services will actually increase.

Why? Because a large number of shell companies—those “registered in Hong Kong solely to generate transaction volume”—will be automatically filtered out by Order No. 837. The remaining companies—those with genuine operational needs in Hong Kong—will enter a cleaner, more regulated market.

This corresponds precisely to a signal in the Investment Promotion Agency's data that has been overlooked:The year-over-year increase in 36% is not only reflected in the number of investment projects attracted but also in the quality of “direct investment.” The 53 billion Hong Kong dollars is not a double-counting of registered capital, but rather a genuine inflow that includes business operations, a team, and a tax payment history.

02 It’s not a question of “whether or not to register a Hong Kong company,” but rather “how to register it correctly under Order No. 837.”

For cross-border sellers, the rationale behind registering a Hong Kong company today is completely different from what it was two years ago:

The HK$53 billion figure from the Investment Promotion Agency, in turn, serves as a mirror:If you want to truly establish a foothold in Hong Kong—rather than just setting up a shell company—the current policy environment is actually more favorable—because the system has weeded out the fluff.

However, if your Hong Kong company is still operating under the “registration + zero-reporting + virtual address” model, Order No. 837 is the best reason for you to reevaluate your corporate structure.

💡 Interested in setting up a Hong Kong company? Get a free compliance assessment: Mobile: 18676749275 ｜ WeChat: qcygscszk

03 Qicaiying’s Hong Kong company services, established in accordance with the standards of Order No. 837

• One-Stop Company Registration in Hong Kong: Company name search, drafting of articles of incorporation, director and shareholder documents, application for a business registration certificate
• Compliance Address Services: A physical office address—not a virtual mailbox—that meets the requirements for substantive operations
• Fast Track for Opening a Bank Account: Leverage resources from multiple banks, including HSBC, Overseas-Chinese Banking Corporation, Dah Sing, and CBI, to increase the loan approval rate
• Annual audited tax returns: Order No. 837 requires that records be available for audit; bookkeeping and auditing are not “optional.”
• Offshore exemption applications: Eligible profits are exempt from Hong Kong profits tax in accordance with regulations

HK$53 billion is pouring into Hong Kong, and 413 companies have already jumped on board. The question you need to ask yourself now isn’t “Should I register?” but ratherDuring the transition period before Order No. 837 officially takes effect, build your Hong Kong company into a compliant operation that can withstand scrutiny.

04 Free Assessment of Your Hong Kong Company's Compliance with Regulatory Requirements

Enterprise Finance GroupFounded in 2015 and headquartered in Shenzhen, the company specializes in cross-border e-commerce financial and tax compliance, business registration, bookkeeping services, overseas company registration, and tax planning. Its services cover more than 30 countries and regions, including Hong Kong, the United States, the European Union, and Singapore, and it has provided one-stop compliance solutions for expanding overseas to over 10,000 cross-border enterprises.

• ✅ Hong Kong Company Registration + Registered Office Address — Meet the substantive operational requirements of Order No. 837
• ✅ Hong Kong Bank Account Opening Green Channel — Resources from multiple banks, including HSBC, Overseas-Chinese Banking Corporation, Dah Sing, and CBI
• ✅ Auditing and Tax Filing in Hong Kong — Bookkeeping and Auditing + Offshore Exemption Application
• ✅ Architecture Diagnosis of Order No. 837 — Get a free compliance assessment to identify your risk exposure

If you have any questions, please feel free to contact us:Cell phone: 18676749275 ｜ WeChat: qcygscszk