Asia

Hong Kong: contracts, corporate, trademarks and employment

Hong Kong remains the contracting hub between mainland China and the rest of the world. Its common law system, bilingual courts, the HKIAC arbitration seat and a companies regime closely modelled on English law make it a natural home for trading subsidiaries, distribution agreements and holding companies for Greater China operations.

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Who signs off and files here
LegalMatrix prepares documents on its AI-assisted workflow and delivers in Hong Kong through a Hong Kong law firm engaged as its delivery partner. Every document is reviewed and signed off by a solicitor admitted in Hong Kong before release. Trade mark searches and filings are lodged with the IPD by the partner firm, which provides the Hong Kong address for service.

Contracts

TopicEssentials
Governing lawHong Kong law is a common law system and parties may freely choose it, or any other law, for a commercial contract. Hong Kong court judgments and HKIAC awards benefit from reciprocal enforcement arrangements with the mainland, which is a frequent reason for choosing a Hong Kong forum in China-related deals.
LanguageEnglish and Chinese are both official languages. Contracts are commonly in English; where a Chinese version is signed, state which text prevails. Court proceedings may be conducted in either language.
Electronic signatureThe Electronic Transactions Ordinance (Cap. 553) recognises electronic signatures between private parties where the method is reliable and appropriate and the recipient consents (section 6). Where a government entity is a party, a digital signature supported by a recognised certificate is required. Schedule 1 excludes, among others, wills, trusts (other than resulting, implied or constructive trusts), powers of attorney, instruments required to be stamped under the Stamp Duty Ordinance, land documents under the Land Registration Ordinance and Conveyancing and Property Ordinance, oaths, affidavits, statutory declarations, court documents and negotiable instruments. Because share transfer instruments are stampable, they are signed on paper. Check the authority: https://www.elegislation.gov.hk/hk/cap553
  • The Contracts (Rights of Third Parties) Ordinance (Cap. 623) allows third-party enforcement unless excluded; standard practice is to exclude it.
  • Private companies may execute documents without a common seal under the Companies Ordinance (Cap. 622); deeds are executed by two directors, or by a director and the company secretary, or by a sole director with a witness, or under seal.
  • Share transfers attract stamp duty on both the buyer and seller (currently 0.1 per cent each on the higher of consideration and net asset value, plus a fixed fee on the instrument of transfer; check IRD), and must be stamped within the statutory window.
  • The Control of Exemption Clauses Ordinance (Cap. 71) limits exclusion of liability in standard terms.

Corporate

TopicEssentials
Director dutiesThe duty to exercise reasonable care, skill and diligence is codified in section 465 of the Companies Ordinance (Cap. 622); fiduciary duties (good faith, proper purpose, no conflicts, no secret profits) remain common law and are summarised in the Companies Registry's Guide on Directors' Duties. A private company must have at least one director who is a natural person; there is no residency requirement.
Shareholder rightsOrdinary resolutions require a simple majority and special resolutions 75 per cent. Private companies may pass written resolutions and may dispense with annual general meetings by unanimous resolution. A member may petition for relief from unfairly prejudicial conduct under section 724 and may bring a statutory derivative action.
Share transfersA private company's articles must restrict the right to transfer shares. Transfers use an instrument of transfer and bought and sold notes, are approved by the board, stamped by the Inland Revenue Department and recorded in the register of members. Directors may not allot shares without prior shareholder approval (section 140), which matters for option exercises.
  • Every company must appoint a company secretary (an individual ordinarily resident in Hong Kong or a licensed trust or company service provider).
  • Every company must keep a significant controllers register and appoint a designated representative; the register is available to law enforcement, not the public.
  • Annual returns are filed with the Companies Registry within 42 days of the anniversary of incorporation for private companies.
  • Financial assistance for the acquisition of own shares is permitted through a solvency-based procedure for private companies.

Trademarks

0 mo6 mo12 mo18 moHong KongSingaporeUnited States
Approximate time from filing to registration without opposition, compared with two other offices. Compare all ten.
TopicEssentials
AuthorityIntellectual Property Department (IPD), Trade Marks Registry
SystemFirst to file under the Trade Marks Ordinance (Cap. 559). Unregistered marks are protected only through passing off.
Time to registrationApproximately 6 to 9 months from filing to registration where there is no deficiency, objection or opposition; check the authority.
ClassesNice Classification. One application may cover several classes; the official fee is a base amount for the first class plus a fee for each additional class (check the authority).
Opposition3 months from publication in the Hong Kong Intellectual Property Journal, with one 2-month extension available to an intended opponent.
Term10 years from the filing date, renewable for further 10-year periods.
  • A Hong Kong registration does not extend to mainland China, Macao or Taiwan; separate filings are needed.
  • Application of the Madrid Protocol to Hong Kong has been in preparation for several years but was not yet in effect at the review date; check the authority.
  • There is no register of trade mark agents; applicants need an address for service in Hong Kong, usually a law firm or agent.
  • Substantive examination usually begins within about four months of filing. A refusal notice gives six months to respond, extendable.
  • A registration unused for three continuous years is exposed to revocation.

Employment

TopicEssentials
ProbationProbation is contractual. During the first month of a probation period either party may terminate without notice or payment in lieu; after the first month the agreed notice applies, subject to a 7-day minimum.
NoticeFor a continuous contract the agreed notice applies but must be at least 7 days; where the contract is silent, one month. Payment in lieu of notice is permitted. Check the authority: https://www.labour.gov.hk/
Non-competeEnforceable only if reasonable in the interests of the parties and the public and protecting a legitimate interest; Hong Kong courts have refused restraints that are wider than necessary and will not rewrite an unreasonable clause. Garden leave and non-solicitation are the more reliable tools.
EquityShare option and share award plans are contractual documents adopted by the board with shareholder approval for the allotment under section 140 of the Companies Ordinance. Gains on exercise are chargeable to salaries tax; the Inland Revenue Department publishes guidance on timing and valuation. Check the authority.

Products available here

Contracts: drafting and review

Commercial contracts and review

Counterparty Contract Review

Upload the contract the other side sent you. Within two business days a lawyer admitted where it will be used returns a redline, a one-page risk summary and the reply you can send.
from US$390Lawyer review included
redline and summary in 2 business days
Commercial contracts and review

Negotiation Playbook

Your company's contract positions written down once, then applied to every contract that comes in. A lawyer handles only what deviates. Billed monthly, cancel any time.
US$299 / monthLawyer review included
playbook drafted in 10 business days
Commercial contracts and review

Go-to-Market Contract Bundle

Customer terms, agency, distribution and supplier agreements for one market, drafted as a matched set so the obligations line up end to end.
from US$6,500+ US$1,950 lawyer sign-off per jurisdiction
first drafts in 7 business days
Commercial contracts and review

NDA Set

Mutual, one-way and employee or contractor confidentiality agreements, drafted for one jurisdiction and ready to send.
from US$900+ US$350 lawyer sign-off per jurisdiction
first drafts in 2 business days
Commercial contracts and review

Master Services Agreement and SOW

A master services agreement with a statement of work template, for selling or buying professional, technology or outsourced services.
from US$3,800+ US$1,150 lawyer sign-off per jurisdiction
first draft in 5 business days
Commercial contracts and review

Data Processing Agreement

A controller-to-processor data processing agreement, with cross-border transfer terms, for the privacy law of one jurisdiction.
from US$1,800+ US$550 lawyer sign-off per jurisdiction
first draft in 3 business days
Commercial contracts and review

Successor Programme Document Set

The complete document set for a family or enterprise placing a successor in Magellan Global's programme: service agreement and statements of work, secondment and employment terms, equity grant and IP ownership, reviewed in each station's jurisdiction.
from US$7,500Lawyer review included
first drafts in 10 business days
Corporate and shareholders

Shareholders' Agreement

A shareholders' agreement and matching constitution or articles amendments for a private company with two or more owners.
from US$4,500+ US$1,350 lawyer sign-off per jurisdiction
first draft in 3 business days
The documents to issue new shares to an investor or transfer existing shares between holders, with the approvals and registry filings mapped.
from US$3,200+ US$950 lawyer sign-off per jurisdiction
first draft in 3 business days
Corporate and shareholders

Intercompany Services Agreement

An agreement between group companies for management, shared services, IP use or secondees, structured so that transfer pricing documentation can sit on top of it.
from US$2,800+ US$850 lawyer sign-off per jurisdiction
first draft in 4 business days
Corporate and shareholders

Board and Shareholder Resolutions Pack

A year's set of board and shareholder resolutions, minutes and written-resolution templates for one company, matched to its constitution and registry rules.
from US$1,200+ US$350 lawyer sign-off per jurisdiction
first drafts in 3 business days
An employment contract for hiring in one jurisdiction from a company based in another, with the local mandatory terms built in.
from US$1,500+ US$450 lawyer sign-off per jurisdiction
first draft in 3 business days
Employment and equity

Secondment Agreement

Documents to second an employee from one group company to another across borders, keeping the home employment intact and the host arrangements clear.
from US$1,900+ US$550 lawyer sign-off per jurisdiction
first draft in 4 business days
Employment and equity

Employee Share Option Plan

Plan rules, grant documents and corporate approvals for an option plan in one jurisdiction, with the local tax-advantaged route used where available.
from US$6,800+ US$2,050 lawyer sign-off per jurisdiction
first draft in 5 business days
Employment and equity

Executive Equity Grant

A single bespoke equity award for a senior hire or key executive: restricted shares, options or growth shares, with the approvals and tax elections mapped.
from US$2,400+ US$700 lawyer sign-off per jurisdiction
first draft in 3 business days
The governance documents for a family holding company and, where the jurisdiction recognises trusts, a discretionary trust to hold it: constitution, shareholders' agreement, trust deed and family charter.
from US$12,000+ US$3,600 lawyer sign-off per jurisdiction
first drafts in 10 business days

IP rights: applications and portfolio

A clearance search with a written opinion, then a trade mark application filed and prosecuted through to registration in one jurisdiction.
from US$950 per class
search report in 3 business days
For jurisdictions with no copyright registry: the assignments, work-for-hire terms and dated evidence that prove you own the work when it matters.
from US$400
pack delivered in 7 business days
IP assignments and licences

IP Assignment and Licence

A deed of assignment to move IP into the right group company, and a licence back to the entities that use it, with register recordals mapped.
from US$2,600
first draft in 4 business days
IP assignments and licences

Technology Licence Agreement

A licence of software, data, models or technical know-how to a customer or partner, drafted from the licensor's or licensee's side for one jurisdiction.
from US$4,200
first draft in 5 business days
IP portfolio management

IP Portfolio Management

Every patent, trademark, design and copyright record of the group in one portfolio: docketed deadlines, renewals handled, documents attached, a registered practitioner responsible. Billed monthly per asset.
US$180 / month
portfolio loaded and reconciled against the registries…
IP portfolio management

Renewals and Annuities

A single renewal or annuity paid on time in any of ten offices through the registered agent of record, with the receipt in your record. Per payment, no subscription needed.
from US$95
instruction confirmed in 1 business day
IP portfolio management

Trademark Watch

Monitoring of new applications that conflict with your marks in the offices you choose, with a practitioner's view on each hit and the opposition deadline docketed.
US$60 / month
first report within 10 business days

Questions

Can we sign a Hong Kong share transfer electronically?

No. The instrument of transfer must be stamped under the Stamp Duty Ordinance, and stampable instruments are excluded from the Electronic Transactions Ordinance. Sign the transfer on paper; the shareholders' agreement and board resolutions may be signed electronically.

Do Hong Kong contracts need a company chop?

No. A signature by an authorised director binds the company. Chops are customary in Greater China practice and counterparties in the mainland often expect one, but Hong Kong law does not require it.

How does Hong Kong employment notice work during probation?

In the first month of probation no notice is needed either way. After the first month, the contract's notice period applies with a 7-day floor; if nothing is agreed, one month.

Will a Hong Kong trade mark protect us in mainland China?

No. The registries are separate. A mainland application through CNIPA (or a Madrid designation of China) is needed, and the mainland is first to file with a history of pre-emptive filings, so file early.

Is shareholder approval needed before we grant options?

Yes. Section 140 of the Companies Ordinance prohibits directors from allotting shares without prior shareholder approval, and the approval should cover shares issued on exercise of options.

Which language should our Hong Kong contract use?

English is standard and fully enforceable. If a Chinese version is also signed, add a prevailing-language clause so a court knows which text governs.

Guides

Documents and filings for Hong Kong

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