hong kong company formation for Dummies

hong kong company formation for Dummies

Blog Article

All You need to do is send us the required documents through chat. We fill out the registration application, post on the authorities, and mail again for you to indication digitally.

Be to start with to know about discount rates, field information, invitations to Xero occasions together with other handy messages from Xero

Which means that overseas men and women and firms can build and operate firms in Hong Kong with none constraints on their own ownership stake.

Hong Kong is a metropolitan integrating chances, creativity and entrepreneurial spirit, and it's been rated "the whole world's freest financial system" for twenty-four consecutive several years from the Heritage Foundation. As an international money centre, Hong Kong is favored by throughout the world buyers on account of its established authorized process, simplified taxation procedure, minimal taxation level, nicely-equipped infrastructure and conversation amenities, and good quality experts. Hong Kong delivers endless enterprise opportunities, and serves to be a System to international financial state and commerce, whose strengths are popular, so tens of 1000s of international companies get pleasure from putting together a company in Hong Kong. Conpak will be able to provide professional companies that will help your small business with Hong Kong company registry. Advantages of Establishing a Company in Hong Kong Sound legal process Attaining Worldwide credit rating by making use of Hong Kong's status As a global economical centre, Hong Kong has multiple funding channels With all the absence of foreign exchange controls, cash might be circulated freely; international currencies could be exchanged and transferred as essential, and credit score functions is often dealt with conveniently and speedily No limitation on organization scope and simple comply with-up assistance Simplified taxation process, small taxation fee (Only income tax is associated.

Also, never confuse your company registration number with the VAT number, employer PAYE reference number, Federal government Gateway Consumer ID, company authentication code, or some other number or reference that your company can be supplied with.

Appointing a company secretary. If an individual, they need to reside in Hong Kong or, if a system corporate, it needs to have its registered Workplace or put of business enterprise in Hong Kong. A sole director of A non-public company can't be the company secretary.

The company registration number – and all other aspects that drop beneath the purview of company disclosure requirements – does not have to get shown on every website page of a document or website. However, it has to be effortless to discover and visual to the naked eye.

If you don't have time to arrange a company all on your own, we propose you look into Statrys' company registration services in Hong Kong, which can assist you set up a company and open a business account seamlessly.

You need lots of time to establish a subsidiary and make investments substantial methods to hire professional counsel to help you set up and manage your company.

You could complete Kind IRBR 37, pay out the relevant fees, and submit it in just a thirty day period of setting up your organization operations. It is possible to post the form in particular person on the Business Registration Business office or apply on the net over the e-Tax portal.

As a company operator, you’ll must submit two reviews and just one audit on a yearly basis. Even For those who have no transactions, you continue to should post yearly experiences: put together unaudited accounts, have an external auditor evaluate them, and file Financial gain Tax Return.

But this feature isn't accessible for corporations that want to function for a sole proprietorship, partnership, or via a branch company formation office.

You could choose the exact title as your guardian company, or it is possible to select a distinct name. Even so, the subsidiary identify has to be accepted by the businesses Registry. Other Hong Kong subsidiary requirements include:

Conversation is an additional non negligible element for our advancement, your viewpoint is very important.