Beginning a business in Hong Kong starts off with picking an acceptable name, offered in Chinese, English, or the two, adhering to certain linguistic and authorized pointers. Make sure the identify isn't trademarked and look at registering it like a trademark for protection.
As opposed to A non-public limited company, a sole proprietorship isn't going to provide safety for personal belongings or minimal legal responsibility for its owner. Sole proprietorships typically face problems in raising funds and expanding their organization, as traders tend to be reluctant to interact with unincorporated entities. For that reason, we recommend against entrepreneurs making use of sole proprietorship as a business entity for conducting their business enterprise.
Ongoing Help: A reputable service provider provides ongoing steering all through the registration process and outside of, addressing any difficulties which could come up precise to Hong Kong polices.
Meet up with Residency Necessity: Companies have to have a local registered handle plus a company secretary who is a resident of Hong Kong so that you can adjust to the legislation.
To reinforce company transparency, companies need to also retain an up-to-date Major Controllers Register, which ought to be easily accessible for regulation enforcement inspections to make clear valuable ownership.
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Household deal with proof is often a private financial institution statement, utility bill or possibly a mobile phone Invoice which was issued inside the past three months. You may refill our application form using this link. When you have properly positioned your order, We're going to e mail you draft incorporation paperwork for evaluation within three organization hours.
You may well be curious why is there these kinds of an inconsistency. The truth is that processing time typically excludes the filing day. Just after The federal government registers your company in report, certification of incorporation and enterprise license will only be issued within the fifth company formation day. Consequently, you'll be able to anticipate a timeframe of 6 – 7 business enterprise times for paper submission.
Time Dedication: The registration procedure could be intricate and time-consuming, especially for All those unfamiliar with lawful and regulatory necessities in Hong Kong.
Our group of pros acquire meticulous treatment to make sure that documentation is comprehensive, and compliance is detailed.
Strategic Location: Hong Kong's situation as being a strong international economical hub causes it to be a really perfect launching pad for businesses trying to enter the Asian current market.
For those who’ve just started your company, and it's got nonetheless to succeed in income of a lot more than $2 million Hong Kong Dollars, it is usually recommended to utilize the Double-Tier tax technique to get pleasure from decrease tax charges.
For your personal Hong Kong company’s corporate checking account, look at choosing a prime banking possibility. Especiallly if you plan to integrate with set up payment gateways like PayPal and Stripe.