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Companies Registry releases statistics for first half of 2023

14 July 2023

A total of 72,588 local companies were newly registered during the first half of 2023, according to the statistics released by the Companies Registry today (July 14). The total number of local companies registered under the Companies Ordinance reached 1,416,643 as at the end of June this year.

The Companies (Amendment) Ordinance 2023 came into operation on April 28, 2023, providing flexibility for companies to hold general meetings in various manner. It expressly provides for fully virtual or hybrid general meetings, providing flexibility for companies to conduct corporate affairs smoothly and effectively having regard to their own circumstances and needs.

In the first half of 2023, 422 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 14,621 by the end of June 2023.

The number of charges on properties of companies received for registration in the first half of 2023 was 6,500. The number of notifications of payments and releases received for registration in the same period was 8,314.

The number of documents delivered to the Registry for registration during the first six months of 2023 was 1,518,638.

A total of 2,527,281 searches of document image records were conducted using the Registry's electronic search services in the first half of 2023.

As for the licensing of trust or company service providers, during the first half of 2023, a total of 182 licences were granted. The number of licensees was 6,854 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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