Audit for Hong Kong Immigration
New Capital Investment Entrant Scheme Fulfillment Document
The Applicant of New Capital Investment Entrant Scheme is required to engage a Certified Public Accountant (Practising) as defined in the Accounting and Financial Reporting Council Ordinance (Cap. 588 of the Laws of Hong Kong) at his own cost to assist in demonstrating his fulfillment of Net Asset Requirement, Investment Requirements and Portfolio Maintenance Requirements. Conpak is a CPA firm that can issue the required fulfillment document and provide appropriate recommendations to the applicant.
Requirements and Information Needed
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Assessment stage and requirements
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Type of assets of applicant
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Description of documents required
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Net Asset Assessment
To demonstrate the applicant has net assets to which he is absolutely beneficially entitled of HK$30 million throughout two years preceding the date he lodged his application for the scheme
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Bank deposits (i.e. savings and time deposits)
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Monthly statement of bank account/Bank passbook
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Reference letter from the bank
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Certificate of deposit from the bank
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Securities, bonds and funds
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Monthly statement of the securities account
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Reference letter from the securities company
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Contract signed between the applicant and securities company in the time of account opening
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Notarial certificate from the Public Notary Office in verifying the authenticity of the stamps in the monthly statement/reference letter from the securities company
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Written valuation report from a valuer acceptable to a Certified Public Accountant (Practising) in Hong Kong (for assets not traded on a public exchange)
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Real estate
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Purchase agreement
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Land registry record showing the real estate ownership
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Real estate ownership certificate (real estate in city)
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National-owned land use permit (land in the countryside)
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Mortgage deed (if any)
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Written valuation report from a valuer acceptable to a Certified Public Accountant (Practising) in Hong Kong
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Shares in company
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Annual Return filed to the Companies Registry/The applicant's ownership proof from the official authority
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Enterprise Legal Representative Business License
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Capital verification report (if any)
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Latest company information print-out from Administration for Industry and Commerce
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certificate, certificate of incumbency, certificate of corporation and memorandum or articles of association
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Auditor's report
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Others (please specify)
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Written valuation report from a valuer acceptable to a Certified Public Accountant (Practising) in Hong Kong (for assets not traded on a public exchange)
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Documentary evidence in certifying the market value and the applicant's absolute beneficial entitlement on the assets
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Assessment on Investment Requirements
To demonstrate the applicant has made investment of a minimum of HK$30 million net in the permissible investment assets within the specified 180 days investment timeframe
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Assessment on Portfolio Maintenance Requirements
To demonstrate the applicant has fulfilled the portfolio maintenance requirement after the first anniversary of joining the scheme, and after each subsequent anniversary
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Equities, debt securities, subordinated debt and eligible collective investment schemes
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Contract note/receipt/statement issued by the financial institution showing the amount invested by the applicant
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Reference letter from the financial institution
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Certificates of deposits
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Certificate of deposit from the bank
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Reference letter from the bank
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Ownership interest in limited partnership funds
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Partnership agreement
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Auditor's report
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Documentary evidence in certifying the amount invested by the applicant
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Non-residential real estate
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Land Registry record showing the ownership and purchase price of the real estate
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Mortgage deed (if any)
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Extract of information on the Business Register (if the real estate is held through a sole proprietorship under the applicant's name)
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Annual Return filed to the Companies Registry/The applicant's ownership proof from the official authority (if the real estate is held through a company of which the applicant is the sole shareholder)
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CIES Investment Portfolio
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Documentary evidence in certifying the amount invested by the applicant (if the applicant has placed HK$3 million into the CIES Investment Portfolio)
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Monthly statement of bank account/Bank passbook (if the applicant has deposited cash of HK$3 million to the designated account opened with his appointed financial intermediary for subsequent placing into the CIES Investment Portfolio)
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