The best Side of register company Hong Kong
The best Side of register company Hong Kong
Blog Article
The brand new Businesses Ordinance simplifies the mode of execution of paperwork by organizations. The keeping and utilization of common seal is now optional.
A sole proprietorship is considered the most uncomplicated small business composition in Hong Kong, involving just one owner who manages all financial tasks, which include revenue and losses. Transferring ownership is as simple as offering the company belongings.
Other benefits incorporate a straightforward taxation method, a launching pad for corporations in Asia, and global economic prospects.
Indeed, you'll be able to register a company in Hong Kong with out being bodily present by making use of a registered agency for incorporation. These agencies have industry experts with knowledge in company registration and will act as your company secretary, give a registered Office environment deal with, and guide with document preparing.
If your title that you select for your small business is Chinese, you will be permitted to utilize English lettering for it, but not English text
Not like Singapore, foreigners are permitted to have a hundred% Charge of their limited company in Hong Kong. To put it differently, a foreigner might be the only director and shareholder. There is not any have to have to have a local director or shareholder. Whilst there aren't any Specific limitations in nationality, most accredited brokers are usually not prepared to settle for purposes from UN-sanctioned nations around the world Until The shopper can satisfy their KYC and AML examining requirements.
Unrestricted Liability: Partners share joint liability for any debts and steps taken with the partnership.
Publishing an application of company incorporation is simple and will involve two pieces: the company incorporation as well as business enterprise registration. These come about concurrently, which portion will depth the measures connected with company incorporation. There are two different ways to go over it:⁴
The designated representative performs a vital part in making certain compliance Using the relatively new regulation on specified agent and SCR, which came into outcome in 2018. By using a designated agent, the company can be sure that this statutory necessity is fulfilled by experts.
A company name that may be the same as a name showing up within the index of company names retained by the Registrar of Firms ("the Registrar") will be rejected. A company identify research may be performed cost-free throughout the e-Search Expert services under the e-Solutions Portal or at our e-Providers Centre over the thirteenth ground on the Queensway Government Workplaces.
A sole proprietorship company construction is well suited for little and one particular-human being companies that would not have important business liabilities. Sole proprietorships are companies which might be owned and operated by only one individual. As these organizations will not be included entities, they don't possess a distinct lawful identity. In essence, the proprietor plus the company are viewed as a single entity.
Possible for Dependence: Whilst their abilities is invaluable to begin with, company formation Hong Kong aim to produce your knowledge to lessen reliance on them for foreseeable future administrative tasks.
Our proprietary Company Resource Arranging (ERP) procedure seamlessly integrates the incorporation method and ongoing compliance issues. Aided by information technological innovation, our products and services are not simply quick and extensive, It is usually inexpensive.
Hong Kong draws Intercontinental firms and entrepreneurs to its shores. The subsequent tend to be the crucial attractions for enterprises, traders and entrepreneurs to arrange a company while in the Unique Administrative Location of China: