register company Hong Kong Secrets
register company Hong Kong Secrets
Blog Article
You ought to tell the Hong Kong Company Registry by submitting Kind NR1. It's an offense if the company fails to inform the government in time. Each and every accountable man or woman on the company can be answerable for a late cost of $1000 daily.
Contrary to a private limited company, a sole proprietorship would not provide defense for personal assets or confined liability for its proprietor. Sole proprietorships normally confront troubles in raising capital and increasing their small business, as investors are sometimes unwilling to have interaction with unincorporated entities. Consequently, we recommend against entrepreneurs using sole proprietorship as a company entity for conducting their small business.
Offer your LEI Certificate to regulators, prospects and opportunity traders to demonstrate your status as a confirmed, legally registered company.
Make sure you note:- Significantly bigger registration service fees are payable for late shipping and delivery of yearly returns.
You could register your company using an English or Chinese title, but it really can't be a mixture of both. If you select an English title, it have to finish with "Restricted" instead of "Ltd." If you find similar names to yours, look at incorporating extensions like "Asia Pacific" or "HK" to make it distinctive.
Pick a Registered Deal with: Choose a physical handle in Hong Kong to function the company's registered tackle, that can be utilized for official correspondence and lawful issues.
4. What is their price? The businesses Registration rate is HK$1970, which happens to be close to US$255. If some brokers inform you which they can perform it for you free of charge, That could be a rip-off (or there may be hidden expenses).
Registering a private limited legal responsibility company is probably going the best choice Except if you've got certain goals that you would like to accomplish While using the other choices readily available.
On this manual, I’ll share the ways necessary to register your company and discuss the benefits and factors to think about before organising a company in Hong Kong.
We take pleasure within our expertise, working experience, industry experts network and our knowledge in Asia incorporation and small business compliance framework; consequently, When you have a regional desire, we will assist with all of your queries.
The Registered Address is The placement to become used for all official company files and communication.
Ideally, the handle really should be in just a business or industrial constructing, in lieu of A non-public residence or apartment.
You will also have to have to pick and detect an proper business title in your sole company formations proprietorship. When you have picked your company name, you'll then be capable of make an application for registration.
Congratulations on getting the first step toward contemplating create your company existence in this world wide monetary hub. But, in advance of you can start working, there are plenty of crucial ways that should be concluded.