Mail a letter on the Department together with the name and tackle in the business, your small business registration number as well as the day you've got ceased functions.
We will present information on Hong Kong tax prices and local allowances, so you can do business enterprise in Hong Kong though remaining tax-compliant.
A confined company makes it possible for the complete or partial possession transfer either by marketing all (or component) of its overall shares, or through the issuance of latest shares to additional traders. On top of that, enterprise functions will carry on unaffected and authorized documentation will not be complex.
Hong Kong can be a metropolitan integrating opportunities, creativity and entrepreneurial spirit, and it has been rated "the whole world's freest economic system" for twenty-four consecutive decades from the Heritage Foundation. As a global economical centre, Hong Kong is favored by globally traders resulting from its established legal program, simplified taxation process, small taxation price, effectively-Outfitted infrastructure and conversation services, and high-quality professionals. Hong Kong provides limitless organization prospects, and serves to be a System to global economic climate and commerce, whose positive aspects are popular, so tens of 1000s of Global corporations take pleasure in setting up a company in Hong Kong. Conpak is able to offer you qualified products and services to help your business with Hong Kong company registry. Benefits of Starting a Company in Hong Kong Seem authorized program Attaining Intercontinental credit score by using Hong Kong's reputation As a world economic centre, Hong Kong has numerous funding channels Using the absence of foreign Trade controls, money can be circulated freely; overseas currencies is usually exchanged and transferred as necessary, and credit history operations may be handled conveniently and quickly No limitation on business enterprise scope and simple observe-up provider Simplified taxation system, small taxation fee (Only revenue tax is involved.
Be aware that the Hong Kong business registration number will be established for all types of businesses. Having said that, the businesses Registry issued the company registration number for legal entities.
This have to-have doc outlines critical information of a company, including the company name, company nature, and handle. It is often issued for one 12 months and must be renewed every year. We will arrange this doc for your personal company assist with the renewal course of action.
Hong Kong subsidiary setup usually normally takes extended than setting up a agent or branch Place of work, nonetheless it lets you get tax Added benefits and various trade opportunities that aren't a Section of one other 2 selections.
The choice regardless of whether to open up a corporate banking account is completely within the discretion on the bank and cannot be affected by 3E Accounting. 3E Accounting will take no obligation or any claim for reduction ought to the financial institution decline or delay to open up an bank account in your Hong Kong company.
** Consumers can get pleasure from absolutely free accounting assistance session over the company interval, but exclude the applying for offshore money exemption and similar tax planning.
You’ll also love outstanding overall flexibility. Hong Kong has an excellent infrastructure, a flourishing cost-free financial state, and minimal taxes that make it uncomplicated to operate a business.
NNC1 or NNC1G Form: They are company incorporation types that call for information much like the proposed company title, the character on the small business, plus the director’s information. The NNC1 sort is utilized for companies confined by shares, when the NNC1G is for corporations that aren't minimal by shares.
Entrepreneurs can promptly Examine their Hong Kong enterprise registration number status on the web to determine if it's been issued correctly.
The particular company registration procedure starts with deciding on a name to your company. It could be in Chinese, English, or both. Nonetheless, the title will have to not Mix both of those English and Chinese people or happen to be registered ahead of.
It really is mandatory for all organizations in Hong company formation with bank account Kong to appoint a local company secretary when registering your company, as They're a immediate issue of Get hold of for inquiries from authorities, guaranteeing regulatory compliance and operational transparency.