setup company hong kong - An Overview
setup company hong kong - An Overview
Blog Article
Hong Kong delivers a company-friendly ecosystem with minimum bureaucratic constraints; it does not demand bare minimum registered funds or a neighborhood director, and there's no restriction on international financial commitment.
The company registration number is usually known as a ‘company number’, a ‘Firms Dwelling registration number’, a ‘registered number’, or simply a ‘CRN’. It really is routinely created and allocated by Businesses Property, so You can not choose it or alter it.
(There is no overseas shareholder limits in Hong Kong – a foreigner is permitted to individual 100% shareholding from the company)
Opening a company in Hong Kong is simple if you are organised. You only really have to fulfil some authorities necessities. We help you with all these:
A private restricted company can be a individual lawful entity – This permits the company to obtain property, go into financial debt, enter into agreements, sue or be sued all inside the name of the company.
The above mentioned bundle does not incorporate accounting and tax submitting solutions. Having said that, accounting and tax filing companies is usually offered subject matter to agreement of an extra cost.
Nonetheless, it’s vital to recognise that representative offices are made to operate as Price tag centres, lacking the potential to have interaction in immediate profit-creating actions.
The decision whether or not to open a company banking account is solely for the discretion with the lender and cannot be affected by 3E Accounting. 3E Accounting will take no accountability or any assert for reduction ought to the lender decline or delay to open up an bank account for your Hong Kong company.
The moment we received your payment, We are going to then electronic mail you each of the Hong Kong company registration paperwork in your signatures.
So, your company’s UTR are going to be instantly created and sent to the registered Business a couple of weeks immediately after incorporation.
The certificate of incorporation is issued just once Once your company is set up and stays legitimate in the total life span from the company.
Formally, a company tax number is referred to as a company’s Exclusive Taxpayer Reference, or ‘UTR’. In some cases, it'll just be identified as a ‘tax number’ or ‘tax reference’.
When you are an area company, it is possible to submit company formation 247 Form NNC1 or NNC1G in addition to a duplicate of content articles of association for incorporation and Type IRBR1 being a notice on the small business registration Business for obtaining BRN. Additionally you should pay back the relevant expenses.
Hong Kong’s law also requires area providers to file once-a-year returns and shell out yearly registration charges, together with audited economic statements ready and signed off by a certified general public accountant. If these obligations are certainly not satisfied, penalties may possibly implement for the local company.