We offer an entire suite services of company incorporation in Hong Kong, in compliance Using the Company Ordinance. Regardless of the sort of entity, be it a restricted company, representative Place of work, subsidiary or branch Business office of international organizations, a sole proprietorship or possibly a partnership.
It’s vital to register for these licenses or permits in just a person month of establishing your company. The method typically will take involving two to 8 weeks in the registration date.
Biz & Chook presents accounting, audit referral and taxation providers To help you in complying Together with the related polices. Other demands might include things like acquiring vital licenses and permits for your small business actions.
Some specific goods for import and export require more registration. Make sure you reference the website in the Trade and Sector Office for even more information. You could possibly find further info relevant to the licensing of other companies, including All those outside of imports and exports, below. ⁶
It is important to note that inside a partnership, duties are shared Among the many associates. Because of this, a company registered like a partnership does not possess a separate legal identity, and all partners are personally held accountable to the debts, liabilities, and actions of the business, which include People undertaken by other associates.
When entrepreneurs system for an offshore organization, they typically opt to register a company in Hong Kong. Not merely is Hong Kong a straightforward gateway to enter into China industry, offshore gain will not be taxable by the Hong Kong authority. Having said that, registering a company in Hong Kong can occasionally be challenging and time-consuming In particular You should carry out an extensive study to comprehend the regional restrictions and need.
It's important to note that the company's accounts ought to be audited on an annual foundation by a Accredited Community Accountant in Hong Kong. The audited accounts must even be submitted for the Inland Earnings Section for assessment. We are going to organise renewing your enterprise Registration Certificate and assist with the preparation of yearly return in accordance with nearby rules and regulations, and organize audit referral to your private minimal legal responsibility company
Registered Place of work deal with fee: It’s a requirement to have a registered Business handle in Hong Kong. This could entail expenditures connected with leasing physical Business Area or using Digital Business office products and services, which can start at around HK£2,000 per year.
This means that the company development course of action might be carried out on-line, without any conferences to attend or paperwork.
Time Motivation: The registration approach is often intricate and time-consuming, specifically for All those unfamiliar with legal and regulatory needs in Hong Kong.
However, the director has to be a pure person and may also act since the shareholder. It is additionally possible company formation to get company administrators and shareholders at the same time for included versatility.
Potential for Dependence: Whilst their experience is invaluable originally, aim to acquire your knowledge to minimize reliance on them for foreseeable future administrative duties.
Registering a sole proprietorship in Hong Kong IIn Hong Kong, the entire process of registering a sole proprietorship is comparatively straightforward and responsible. All sole proprietors are expected by legislation to register their company at the Business enterprise registration Office environment with the Inland Earnings Section to receive a certification to the company registration.
This registration must take place within a person thirty day period of the applying for company incorporation. Besides the Earlier talked about documents, you will deliver the subsequent on the Company Registry (CR):⁵