Starting up a company in Hong Kong begins with deciding upon a suitable identify, accessible in Chinese, English, or equally, adhering to specific linguistic and authorized rules. Ensure the title is not really trademarked and contemplate registering it for a trademark for protection.
The company tax costs in Hong Kong are competitive because they abide by a territorial theory technique that exempts tax For a lot of financial gain varieties earned outside of Hong Kong.
This webpage incorporates multi-media contents and could not completely comply with all Degree AA accessibility demands. If you want any data or guidance, you should e mail us at [email protected] or contact our Customer Solutions and Administration Division at (852) 2867 1541.
Operational Continuity: Modifications in shareholder composition usually do not effect the company’s legal standing.
At the time your software is accepted, banks can mail you the net banking product and/or ATM card so you can Handle the account remotely.
Not like Singapore, foreigners are allowed to have one hundred% Charge of their confined company in Hong Kong. Quite simply, a foreigner is often the only director and shareholder. There isn't any require to possess a area director or shareholder. Although there isn't any Specific restrictions in nationality, most accredited agents are not prepared to settle for apps from UN-sanctioned nations Until The client can fulfill their KYC and AML checking specifications.
Hong Kong maintains a simple and efficient tax system with a aggressive gains tax level in addition to a territorial foundation of taxation, all targeted at advertising and marketing financial advancement.
They're the main contact with governing administration bodies such as Inland Earnings Section, the Companies Registry, and also the Hong Kong Inventory Trade. The company secretary will generally act because the designated agent on the company’s considerable controllers’ register. Furthermore, the company secretary organises and prepares the agendas and requires minutes within your board and once-a-year basic meetings.
Hong Kong has long attracted business owners from worldwide for company registration and incorporation. This is due to the nation is renowned for currently being on the list of freest economies on this planet.
With impact from one March 2018, a whole new licensing regime for trust or company company suppliers has come into operation. Any person who carries on or needs to hold on a believe in or company service organization in Hong Kong is needed to apply for a licence within the Registrar of Providers.
The location supports 100% foreign ownership and characteristics an expedited registration system that can be finished in just 48 hrs. This streamlined tactic facilitates A fast and economical start for organizations desirous to enter the marketplace.
Appoint a Designated Agent (DR) who serves as The purpose of Speak to for communications amongst the company and regulatory authorities. It really is recommended to decide on a dependable unique or a specialist companies agency because the DR.
You'll want to get ready your software with just as much element as feasible to avoid confusion and possible problems. Most banking institutions company formations 247 prioritize transparency. So, the clearer and a lot more thorough the knowledge you give, the higher the probability of a successful application.
The Companies Ordinance precisely outlines towards merged-language names. Although it is possible to have a Chinese business identify along with an English small business title, or the alternative, a company title can under no circumstances blend figures, letters, and words and phrases throughout the exact registered identify. For the Hong Kong registration procedure, you will have to decide on an individual-language title to listing.