Private Limited by Shares
A private company limited by shares is the most common form of Hong Kong company: a company whose shares are restricted from public transfer and whose members' liability is limited to the amount unpaid on their shares.
A private company limited by shares in Hong Kong has: (a) a share capital divided into shares; (b) a maximum of 50 members; (c) a restriction on the right to transfer shares; and (d) a prohibition on inviting the public to subscribe for its shares. Most small and medium-sized Hong Kong businesses are registered in this form.