132k firms newly registered in 2023

The total number of local companies registered in Hong Kong stood at 1,430,758 at the end of 2023, with 132,246 having been newly registered during the year.

In 2023, 960 non-Hong Kong companies registered a newly established place of business in Hong Kong under the Companies Ordinance.

The total number of registered non-Hong Kong companies reached 14,826 by the end of 2023, up 2.02% year-on-year.

As for the licensing of trust or company service providers under the Anti-Money Laundering & Counter-Terrorist Financing Ordinance, a total of 429 licences were granted, taking the number of licensees to 6,945 by the end of 2023.

Date: 2024.01.15

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