5 Simple Statements About register company Hong Kong Explained
5 Simple Statements About register company Hong Kong Explained
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Tax Performance: Advantages from very low corporate tax costs and also the possible exemption of taxes on overseas revenue.
If Form NNC3 will not be delivered to the Registry for registration in the prescribed time period, the company, every responsible individual of your company, as well as the founder member who indicators the incorporation kind, commit an offence, and each is liable to a good and, for just a continuing offence, to an additional day by day wonderful.
This amount could be practical for compact and medium-sized enterprises, since it decreases the level of taxes to pay, starting off the year of assessment 2018/2019. To refer to the tax rates in Hong Kong, remember to see the following link within the tax authority.
Value-Powerful: This technique permits you to avoid company supplier service fees, maximising your Original investment decision in your online business.
When establishing a company in Hong Kong, You'll have to organize a number of incorporation paperwork for acceptance right before commencing enterprise functions. Here's a breakdown in the essential documents and the way to get ready them:
After you have productively registered your company, you can center on the next ways, for instance opening a company banking account, acquiring the appropriate permits and licenses from your authorities, and managing your bookkeeping and accounting.
With influence from 1 March 2018, a fresh licensing routine for believe in or company assistance companies has arrive into operation. Any person who carries on or wishes to hold on the belief or company support business in Hong Kong is necessary to submit an application for a licence from the Registrar of Businesses.
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Sorts of providers below the Companies Ordinance and alterations affecting companies confined by assurance
Delivery of once-a-year return by a general public company or simply a guarantee company in regard on the company’s fiscal 12 months that starts on or soon after 3 March 2014 should adjust to The brand new requirements underneath the new Providers Ordinance (Cap.
The EnterpriseLEI System centralises all your organisations LEIs, cuts down expenses and opens the opportunity to use LEIs for KYC and purchaser onboarding so you can have a more managed LEI.
Sure. If you end up picking to fly above to HK and fulfill with bankers in individual, you might want to make an appointment in advance. Most banks have to have 7 days ahead of time detect these days.
Just after effectively registering your sole proprietorship in Hong Kong, the subsequent move might be to submit an application for a company license. However, the type of license you'll submit an application for will vary based upon your working business enterprise.
Establishing a company in Hong Kong requires many methods and necessities. In this article’s a typical overview of the method: