Hong Kong’s corporate landscape expanded to unprecedented levels last year, with the total number of local registered companies reaching a record of nearly 1.56 million by the end of 2025.
“By the end of 2025, the total number of local companies and redomiciled companies registered under the Companies Ordinance increased by 96,609 compared with 2024, reaching 1,557,103,” the Companies Registry said in a statement on Friday, noting that it was “an all-time high figure”.
Among the total in 2025, 195,343 were newly registered local and redomiciled firms, while 99,406 were dissolved over the same period.
The increase in local firms occurred alongside a significant rise in non-Hong Kong companies establishing a place of business in the city. By the end of 2025, the number of such firms stood at 15,586, up 3 per cent from 2024, with 1,532 newcomers registered during the year.
A key driver of this momentum was the company redomiciliation regime, implemented on May 23 last year, which allows non-Hong Kong incorporated companies to relocate their registration to the city.
“The company redomiciliation regime … has received a positive market response,” the registry said. “It ensures seamless business continuity and strengthens Hong Kong’s competitiveness as a global business and financial hub.”