For the businesses that were ceased, are still to begin the business, acquire no chargeable income, or are but to recommence business, the IRD would not ask for them to submit the tax return form every year. No, there isn't any limits on foreign possession of companies in Hong Kong. https://company-registration-no-h99866.is-blog.com/39367682/how-much-you-need-to-expect-you-ll-pay-for-a-good-company-formation-northern-ireland