register company Hong Kong - An Overview
register company Hong Kong - An Overview
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You must advise the Hong Kong Company Registry by submitting Form NR1. It is actually an offense In the event the company fails to notify the government in time. Each responsible person in the company is usually answerable for a late rate of $a thousand on a daily basis.
Hong Kong’s company registration course of action unlocks the doorways to a realm of prosperity, substantiated by figures and testimonials. As your business forays into Asia’s dynamic market place, the sequential course of action fortifies your Basis.
In that scenario, make sure you total and submit the shape IRBR177 or submit an appointment letter stating the complete particulars of your agent including his/her name, Hong Kong copyright number and residential handle. A copy of his/her Hong Kong identity card have to even be attached to the application.
For overseas traders, a Qualified duplicate of the original copyright and proof of your respective newest overseas household handle
In Hong Kong, it is needed that a company has not less than a single unique director as well as a company secretary. The person director will be able to also serve as the company secretary, but there is a certain residency requirement for this part. As outlined by Hong Kong regulations, at the least a person director has to be a normal human being and their residency may be from any region, not simply Hong Kong.
As opposed to Singapore, foreigners are allowed to have a hundred% control of their confined company in Hong Kong. In other words, a foreigner is often the sole director and shareholder. There's no need to possess a area director or shareholder. Though there won't be any express constraints in nationality, most accredited brokers will not be prepared to settle for purposes from UN-sanctioned countries Until The client can satisfy their KYC and AML examining needs.
Should you search on Providers Registry (CR) Homepage on a desktop Personal computer, a modern World-wide-web browser will allow you to hold down the Ctrl vital (Command essential over a Macintosh) and push the + or - vital to boost or decrease the text sizing, and 0 to go back to the default dimension.
In Hong Kong, every company need to have a share capital, even so the jurisdiction presents optimum overall flexibility in this regard:
To expedite the method and company formation made simple stay away from delays in incorporation, it’s highly recommended to examine the availability of the chosen title which has a company registration agency ahead of continuing. This may assist be certain that your required company identify fulfills the mandatory requirements and is also available for use.
A company title that may be the same as a name showing during the index of company names kept with the Registrar of Providers ("the Registrar") will probably be rejected. A company title research may very well be conducted totally free throughout the e-Research Expert services underneath the e-Services Portal or at our e-Providers Centre about the thirteenth flooring on the Queensway Governing administration Places of work.
The EnterpriseLEI platform centralises all your organisations LEIs, reduces costs and opens the opportunity to use LEIs for KYC and client onboarding in order to have a more managed LEI.
This informative article clarifies the best way to create a company in Hong Kong. At BBCIncorp, we get pride in offering a swift and hassle-free incorporation service to boost your advantage.
Educational Chance: Undertaking the registration yourself supplies precious insights in the lawful and administrative components of business formation.
Some companies may have to acquire other licences before launching into operation. This is dependent mostly on the character of the enterprise at hand. One example is, import and export functions would require extra licences.