The Ultimate Guide To register company Hong Kong
The Ultimate Guide To register company Hong Kong
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The brand new Businesses Ordinance simplifies the mode of execution of documents by companies. The trying to keep and use of widespread seal is currently optional.
Some specific items for import and export need further more registration. Make sure you reference the website of your Trade and Industry Office for even further details. You might come across additional details related to the licensing of other organizations, like These beyond imports and exports, right here. ⁶
Post the files to the businesses Registry for review and acceptance. The procedure commonly usually takes around 1-2 months, but it may well range based upon workload and extra demands.
You could improve the share funds and allot new shares to new shareholders Sooner or later Besides allotting new shares, You may also transfer your shares or ownership to other events.
Nevertheless, the legislation stipulates that their first tax return should be submitted inside eighteen months from the day of incorporation for newly registered sole proprietorships.
Small business registration renewal is important for retaining compliance for just a company. The procedure includes:
The designated agent performs a vital function in making sure compliance Along with the fairly new regulation on specified agent and SCR, which came into result in 2018. By having a specified agent, the company can make sure that this statutory prerequisite is fulfilled by experts.
Shipping and delivery of annual return by a community company or possibly a assurance company in regard of your company’s financial year that begins on or following 3 March 2014 need to comply with the new needs under the new Firms Ordinance (Cap.
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In terms of registering a company in Hong Kong, you will discover sure requirements company formation services that should be satisfied as a way to productively create your organization. During this portion, We're going to focus on the key factors to think about when registering a company, such as the company identify and framework, demands for directors and shareholders, and the significance of a registered address and company secretary.
You need to post documents to the businesses Registry (CR), as indicated in Action 2, when implementing for company incorporation. The next products are required In combination with the incorporation paperwork:
The tax benefits that Hong Kong features in many cases are cited as a single reason why business people worldwide are opening offshore businesses in this article.