register company Hong Kong Fundamentals Explained

Limited Company (by assurance): Ensure users On this company established-up usually are not shareholders making financial commitment. Instead, they conform to contribute a predetermined sum to protect the company’s liabilities if the company closes.

Because its institution as a British colony in 1842, Hong Kong has cultivated a lawful environment emphasizing the rule of law and the upkeep of statutory guides, contributing to its name as a world small business hub.

There are several differing kinds of providers to arrange in Hong Kong, and Even though the most common composition is A non-public company restricted by shares, examining other set-ups is useful.³

Meet up with Residency Necessity: Organizations will need to have a local registered handle and also a company secretary that is a resident of Hong Kong as a way to comply with the laws.

The moment your software is permitted, banking companies can mail you the web banking machine and/or ATM card so that you can Management the account remotely.

In the event your company has company shareholders, the CR would require a done kind NNC1, signed by the administrators. This type is often returned to them physically. This Component of the procedure ordinarily will take about four to five Doing work days.

Hong Kong maintains an easy and successful tax process which has a aggressive gains tax level and a territorial foundation of taxation, all aimed at promoting financial enhancement.

These include things like selecting a suitable company title that complies Along with the naming guidelines issued by the company formations 247 Companies Registry. It is vital to notice that selected conditions may need prior approval or added documentation.

Hong Kong has very long captivated business people from all over the world for company registration and incorporation. It's because the place is renowned for remaining among the freest economies on earth.

Shipping and delivery of yearly return by a community company or simply a assurance company in respect of your company’s fiscal year that starts on or following three March 2014 should adjust to the new necessities under the new Providers Ordinance (Cap.

This webpage incorporates multi-media contents and should not completely comply with all Amount AA accessibility specifications. If you need any data or guidance, be sure to electronic mail us at [email protected] or call our Consumer Providers and Management Division at (852) 2867 1541.

This information clarifies how to set up a company in Hong Kong. At BBCIncorp, we take pleasure in offering a swift and hassle-free incorporation company to boost your advantage.

When all necessary files are submitted, you could hope to acquire your organization registration and incorporation certificates in just two to 6 small business times, which can be collected at the businesses Registry Office environment. These certificates affirm your company's existence and very good standing in Hong Kong.

Moreover, there have to be no less than a person director that's a normal man or woman, While they don't have to be a resident. It is crucial to notice that when there is just one director, they can't also serve as the company secretary.

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