register company Hong Kong - An Overview
register company Hong Kong - An Overview
Blog Article
During this guideline, we’re planning to break down the process of building your small business in Hong Kong. We will even emphasize some widespread problems confronted by foreign business people, And the way we can triumph over these difficulties.
In comparison with other business enterprise structures, registration of sole proprietorships in Hong Kong is rather easy and considerably far more workable. As talked over earlier mentioned, registration entails only one single step of registering the business with the Inland Income Division.
A price for business registration, which you can figure out by analyzing the levy desk readily available on the Inland Income Section Site.
As a worldwide monetary and company hub, Hong Kong provides numerous Gains for providers wanting to ascertain a presence in Asia. However, Using these Positive aspects arrive ongoing compliance requirements that needs to be fulfilled as a way to preserve a company's lawful standing. On this section, We are going to focus on the yearly filing prerequisites, such as maintaining accounts and Assembly residency needs, in addition to the necessity of holding an annual standard Assembly.
Once your software is accepted, banking institutions can mail you the web banking system and/or ATM card so that you can Manage the account remotely.
The figures don’t lie—Hong Kong’s economic independence, world business magnetism, and administrative performance talk volumes. While you traverse the company registration process, fortified with strategic data, seize the chances, and comprehend the guarantee Hong Kong holds.
Essential documentation typically involves evidence of enterprise functions, registration certificates, as well as a done application kind with the bank of the preference.
If your founder member who signals the incorporation variety is also a director, he/she must signal the "Consent to Act as Director" in the form. Other directors can either sign the Consent statement in the form or deliver Form NNC3 "Consent to Act as First Director" not later than fifteen times once the day of incorporation with the company (“the prescribed time frame”) for registration.
I found the LEI assistance simple and productive to use, the turnaround time company formation fees was prompt along with the workforce had been constantly courteous and well timed with any queries I'd. I will be delighted to recommend them for anyone necessitating LEI registration.
Shareholders can be Hong Kong citizens or non-inhabitants. Nominee shareholders are permitted, and it’s attainable for the sole director to also work as a shareholder.
As an example, you might have to supply sufficient evidence that your proposed organization will create Positions for Hong Kong citizens. Additionally, you will be required to demonstrate that the proposed company will make the most of local companies and suppliers and make use of the solutions of regional company providers.
When you registered a company in Hong Kong, directors can set up checking account opening in any nations around the world. Some banking institutions may well even guidance account opening remotely.
After all necessary paperwork are submitted, you could anticipate to get your company registration and incorporation certificates within just two to 6 company times, that may be gathered at the Companies Registry Business office. These certificates ensure your company's existence and great standing in Hong Kong.
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