Legal forms of philanthropic organizations included in the law: Society, Trust, Company Limited by Guarantee, Statutory Body Established by Government Legislation
Main social issues addressed by these organizations: Arts and Culture, Basic Needs, Health and Medical Research, Youth and Family
Average time established by law to register a philanthropic organization: 0-30 days
Average cost for registering a philanthropic organization: USD 32
The average registration cost is between HKD 155 – HKD 340 (USD 20 – USD 44) and not including the incorporation fee, if the philanthropic organization (PO) registers under the Companies Ordinance 622. Additionally, the cost also depends on the number of members. An additional HKD 250 (USD 32) is required for a one-year business registration fee.
Government levels primarily regulating the incorporation of philanthropic organizations: Central/Federal Government