BVI company hold shares of a HK private limited company..SOS

1. There is no need to disclose the identity of the BVI shareholder to HK Companies Registry for the HK Company alone.
2. However, when you open up bank account, you still need to show identity of the BVI shareholder because of the anti-money laundry and anti-terrorist rules.
3. If your BVI company carries on business in HK and needs to register with HK Companies Registry, you MUST disclose identity of shareholders in BVI.
Hope it can be of help!

Q1: Does the BVI company need to diclose the shareholder identity when regristers the limited company to Hong Kong Regristry?

Ans: No need.

Q2: Somone say holding less than 10% share of any HK private limited company doesn't need to disclose the shareholder identity, are they true?

In my opinion, less than 10% doesn't need disclose the shareholder identity just for opening the bank account. e.g., in HSBC, for the shareholding less than 10% no need to show any indenity proof to the banker. However, if the shareholdering more than 10%, you have to show the C.I., registered of directors, registered of members, etc.

Is the question meaning " Is shareholder identity of the BVI company need to disclose to Company Registry, when the HK private Limited company is registered to Company Registry?"

If the question is corrected

the answer is " NO NEED"

Further question, you can sent e-mail to [email protected]