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66,734 local companies newly registered during first half of 2024

A total of 66,734 local companies were newly registered during the first half of 2024, according to the statistics released by the Companies Registry today (July 19). (DotDotNews)

A total of 66,734 local companies were newly registered during the first half of 2024, according to the statistics released by the Companies Registry today (July 19). As at the end of June this year, the total number of local companies registered under the Companies Ordinance reached 1,440,935, which is an all-time high figure.

In the first half of 2024, 501 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 14,959 by the end of June 2024, which is also an all-time high figure.

To respond to evolving business needs, the new e-Services Portal of the revamped Integrated Companies Registry Information System was launched on December 27, 2023, to provide electronic services to members of the public through a single integrated platform. The Registry will continue to enhance the system to cater for legislative and procedural changes in the future and the provision of quality electronic services.

The number of charges on properties of companies received for registration in the first half of 2024 was 5,721. The number of notifications of payments and releases received for registration in the same period was 8,808.

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