CONSIDERATIONS TO KNOW ABOUT HONG KONG COMPANY REGISTRATION

Considerations To Know About hong kong company registration

Considerations To Know About hong kong company registration

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** Prospects can get pleasure from absolutely free accounting assistance consultation in the company interval, but exclude the appliance for offshore revenue exemption and connected tax preparing.

Sustaining your company data, like the register of administrators, the sign-up of shareholders, the share certificates, and the significant controller sign up

During this guideline, you’ll master exactly what is a company registration number, why it can be crucial for yourself, and tips on how to get hold of BRN in Hong Kong.

Thanks for your kind enquiry, Xenia. The numbers are created with a one after the other basis, so if company X was fashioned it would've a number, and company Y was another company in the UK fashioned it would've a similar number with ‘one’ extra to it.

The small business registration certification is barely legitimate for one or three many years. It has to be renewed annually within just a person month next the anniversary day of your company's establishment (in any other case, fines will be issued).

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Hong Kong’s law also requires local corporations to file yearly returns and pay once-a-year registration charges, along with audited money statements well prepared and signed off by a certified community accountant. If these obligations usually are not achieved, penalties may possibly apply to your nearby company.

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You need plenty of time to establish a subsidiary and invest considerable resources to hire Expert counsel that will help you arrange and retain your company.

We also function with neobanks, including Airwallex: we hook up you with our companions and make it easier to post your software to an account suited to your business.

As a business proprietor, you’ll really need to submit two studies and one audit on a yearly basis. Even In case you have no transactions, you continue to have to post annual stories: get ready unaudited accounts, have an external auditor overview them, and file Profit Tax Return.

Hong Kong subsidiary guidelines also include things like mandatory costs. You’ll pay a registration and funds fee upfront ahead of acquiring a certificate of incorporation, usually soon after four to 7 times. According to your business, you may have to use For extra licenses.

Every small business must have its business enterprise registration number as a way of identification. You can use the Hong Kong small business registration number to distinguish it from Many others.

Alternatively, using your company secretary’s tackle is also widespread and recommended to ensure you get all Formal communications and legal paperwork.

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