5 Essential Elements For register company Hong Kong
5 Essential Elements For register company Hong Kong
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Shipping and delivery of annual return by a general public company or simply a warranty company in regard in the company’s monetary year that commences on or after three March 2014 ought to adjust to the new prerequisites underneath the new Firms Ordinance (Cap.
The corporate tax premiums in Hong Kong are competitive since they follow a territorial basic principle procedure that exempts tax For a lot of gain forms acquired outside of Hong Kong.
To remain compliant, your enterprise will need a registered tackle. This deal with must be a physical address located inside of Hong Kong and an deal with the place mail can in fact be resolved. It ought to not be a P.O. Box address, as they are not allowed for this objective.
Every single of these constructions offers distinctive advantages and disadvantages, dependant upon the nature of your company strategies and private Tastes. A properly-crafted organization profile can help you make the correct final decision.
Submit the paperwork to the Companies Registry for overview and acceptance. The process usually usually takes around one-2 weeks, but it might range determined by workload and additional needs.
Compared with Singapore, foreigners are permitted to have 100% control of their restricted company in Hong Kong. Quite simply, a foreigner is often the only real director and shareholder. There isn't any want to have a regional director or shareholder. When there are no Specific limitations in nationality, most certified company formation companies house agents are not willing to take purposes from UN-sanctioned nations around the world unless The shopper can satisfy their KYC and AML examining prerequisites.
Moreover, The brand new requirement for organizations to confirm and retain up-to-day information on helpful ownership Through keeping a Significant Controllers Register was executed on precisely the same day.
These consist of picking out a suitable company name that complies With all the naming pointers issued by the businesses Registry. It's important to note that specific phrases may well involve prior acceptance or additional documentation.
Just after securing a company license for your sole proprietorship, the following move will be to open a company bank account. This step may also be pretty straightforward, as There exists a big selection of banking institutions inside of Hong Kong which you can Choose between.
Directors might be Hong Kong inhabitants or non-people, and You may also appoint nominee directors. There’s no limit to the utmost variety of administrators your company might have.
Following the company is registered, company proprietors can however alter the registered deal with. If you decide to update your registered handle, We now have three (three) critical reminders. If you need a lot more information or maybe a action to phase information, you could consider our web site “How to alter your registered tackle“.
Appoint a Selected Consultant (DR) who serves as the point of contact for communications between the company and regulatory authorities. It is actually sensible to pick a trustworthy person or a professional services business as being the DR.
It aims to assist Hong Kong-based SMEs in getting funding for their growth. Less than this plan, SMEs can obtain guarantees of nearly eighty% on loans obtained from economical establishments.
For electronic purposes, an e-mail notification for download with the Certificates will likely be despatched for the information box and registered e-mail tackle from the registered person who delivers the appliance.