A company title that will infringe the intellectual home legal rights ("IPR") of the 3rd party should not be adopted. Infringement in the IPR of Other folks may well catch the attention of criminal or civil sanctions, either in Hong Kong or elsewhere.
Utilizing a residence address as a registered company deal with could be easy, but it also exposes the home resident and company founder to trouble. By way of example, If your home is rented, the phrases with the tenancy ought to accommodate a registered Business handle. Similarly, utilizing your household as your business address means that you could be discovered on the internet.
This amount could be practical for smaller and medium-sized enterprises, because it reduces the amount of taxes to pay for, setting up the 12 months of assessment 2018/2019. To consult the tax fees in Hong Kong, please see the following url from your tax authority.
It is actually a good idea to decide on a trustworthy personal or a specialist services firm since the DR to be sure compliance with reporting obligations.
Submit the paperwork to the Companies Registry for evaluate and approval. The procedure frequently can take around 1-2 weeks, but it may well vary depending on workload and additional necessities.
The Hong Kong federal government will mail 2 – four letters to your virtual handle / registered business deal with per annum. These letters Possess a time period to reply along with a late fee will incur if a single will not reply prior to the deadline.
On the other hand, navigating the process of creating a company might be frustrating. This information will guide you through each of the company formation companies house vital ways and specifications, producing your journey to accomplishment in Hong Kong a smooth 1.
Business registration renewal is vital for maintaining compliance for the company. The procedure consists of:
There is no free lunch During this earth. If an agent is paying out US£255 for you personally, they will definitely charge you a thing to protect their Price tag and generate a financial gain Down the road. You must go with a support supplier with sincere practice.
The treatment for opening a company banking account in Hong Kong is analogous to that in other locations but consists of some distinct ways. It can be important to own your company thoroughly operational and exhibit a practical enterprise product to ensure the financial institution trusts The steadiness and potential customers within your venture.
Foreigners only need to possess a Digital handle. There is not any should lease a Actual physical office in Hong Kong.
is to listing out the “supply of earnings” as part of your prepare, including, but not limited to Preliminary money in starting the company, cash for maintenance and expansion.
It aims to assist Hong Kong-dependent SMEs in obtaining financing for his or her expansion. Under this plan, SMEs can receive ensures of up to eighty% on financial loans received from monetary institutions.
Some organizations might need to acquire other licences ahead of launching into operation. This is dependent largely on the character from the business at hand. Such as, import and export operations would require additional licences.