5 Essential Elements For register company Hong Kong
5 Essential Elements For register company Hong Kong
Blog Article
Constrained Company (by ensure): Guarantee users In this particular company set-up are usually not shareholders building expenditure. Fairly, they conform to lead a predetermined sum to include the company’s liabilities Should the company closes.
If Variety NNC3 is not delivered to the Registry for registration within the prescribed time frame, the company, every responsible person from the company, and also the founder member who indicators the incorporation type, commit an offence, and every is liable to the fine and, for a continuing offence, to a further daily fine.
Other Added benefits consist of a simple taxation process, a launching pad for firms in Asia, and world wide economic opportunities.
Operational Continuity: Modifications in shareholder composition do not impact the company’s lawful standing.
It is best to reserve a minimum 1-thirty day period processing time in updating the handle. At times you will discover red tapes inside the HK banking process. Most banks demand shoppers to replenish a type. You can't update the tackle by crafting a letter or email in your account manager.
When you have efficiently registered your company, you may focus on the following techniques, such as opening a business banking account, obtaining the applicable permits and licenses through the authorities, and handling your bookkeeping and accounting.
With influence from one March 2018, a completely new licensing routine for have faith in or company service providers has occur into operation. Anyone who carries on or needs to carry with a rely on or company provider enterprise in Hong Kong is required to submit an application for a licence through the Registrar of Firms.
Registering a private limited legal responsibility company is likely the most suitable choice Except you've unique aims that you want to obtain Together with the other available choices accessible.
The specified representative performs a vital part in ensuring compliance with the rather new legislation on designated agent and SCR, which came into impact in 2018. By having a specified representative, the company can ensure that this statutory need is fulfilled by pros.
With outcome from one March 2018, a brand new licensing regime for have faith in or company assistance vendors has come into operation. Any person who carries on or wishes to carry on a have confidence in or company provider small business in Hong Kong is necessary to submit an application for a licence from the Registrar of Businesses.
As among the list of freest economies, Hong Kong accepts Just about all lawful small business groups. The flexibility extends to money transfer and forex Trade, enabling for seamless transactions across all business enterprise forms.
After you registered a company company formation fees in Hong Kong, directors can organize bank account opening in any nations. Some banking institutions could even help account opening remotely.
Being a foreigner, you won't be capable to register your Hong Kong company all by yourself. You have got to interact an experienced corporate support supplier to assist you in incorporation. At HKCR, we make the company incorporation approach basic and powerful to suit your needs.
We collaborate with local financial institutions and digital fiscal establishments to streamline the whole process of opening your organization bank account, making certain it is trouble-totally free.