5 EASY FACTS ABOUT REGISTER COMPANY HONG KONG DESCRIBED

5 Easy Facts About register company Hong Kong Described

5 Easy Facts About register company Hong Kong Described

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Tax Efficiency: Benefits from low corporate tax fees as well as the possible exemption of taxes on foreign profits.

Our expert services incorporate examining The provision of your company identify, registering it, and securing trademark defense for the brand to make sure your model’s special identification is lawfully secured.

To stay compliant, your organization will need a registered deal with. This deal with have to be a Actual physical handle Found within just Hong Kong and an address where by mail can in fact be resolved. It ought to not be a P.O. Box address, as they're not allowed for this function.

Shareholders personal the company and make vital choices, such as approving yearly economic statements and appointing directors.

You need to reserve a minimum 1-thirty day period processing time in updating the tackle. Often there are red tapes inside the HK banking technique. Most banks require prospects to replenish a kind. You can not update the address by producing a letter or email on your account manager.

Each individual non-public restricted company in Hong Kong necessitates at least one particular “organic” director (a person who ordinarily resides in Hong Kong) and just one company secretary. Furthermore, when there is only one director, then that just one director simply cannot even be the company secretary. The rest of it really is up for your discretion.³

The Timeframe for On-line Submission: The government has released the e-Registry system recently. The expression “on the net submission” has bewildered a lot of non-locals in the course of the 12 months. The truth is, There exists a pre-requisite for using the technique. Foreigners need to existing their copyright on the Company Registry in man or woman.

Submitting an software of company incorporation is simple and entails two areas: the company incorporation as well as the enterprise registration. These arise concurrently, and this part will depth the techniques affiliated with company incorporation. There are 2 various ways to go about this:⁴

Hong Kong is becoming a well known location for business people and firms trying to expand globally. But what precisely can make this city a pretty area for company registration? Within this portion, We'll delve into the assorted great things about registering a company in Hong Kong, like its strategic place as a world economic hub and launching pad for business ventures, its uncomplicated and effective tax process, and its entry to Intercontinental markets.

Certificates for businesses limited by shares in tough copy kind will Commonly be issued within just 4 Doing work days. The presentor will likely be notified by email or fax in the event the Certificates are Completely ready for selection. The Certificates should be collected in particular person for the Registry on presentation in the Notification of Assortment of Certificate(s) as well as identification doc / company chop mentioned therein.

The Registered Deal with is The placement for being company formation made simple utilized for all Formal company documents and communication.

 In case the presentor sends a consultant to collect the Certificates, the representative has to produce a written authorisation from the presentor and the identification doc mentioned during the prepared authorisation.

Even names that are far too equivalent can be rejected. Providers can also deal with fines of as much as HK£one hundred,000 if their business enterprise title is too much like pre-present business names.

Hong Kong features some of the cheapest tax charges in the world, with company tax established to achieve a mere 16.five% by the end of 2024.¹ Tax fees are variable, and you'll usually Look at what the rate is in a provided time with a straightforward Google lookup.

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