How To Register A Business In Hong Kong

Hence many start ups have come up in hong kong which is contributing to the economy of this region.

How to register a business in hong kong. Bearer shares are not allowed. The global leader in business and banking comes with a multitude of benefits like it s rank above the usa uk and japan as the least corrupt nation on the globe. Hence it is a good idea to start a business in hong kong with a concrete business plan. What documents are required for business registration in hong kong. Your licensed agency will then check whether the name is available in hong kong or is already taken.

Articles of association for your company. These are documents that clearly specify a company s operation regulations. All the documents you need to register a company in hong kong and the procedure for opening it. It is not required to be a resident of hong kong to set up your business entity or organization. Importance for business registration in hong kong.

After you incorporate a company in hong kong you will need to register it with the business registration office at the inland revenue department to apply for your business registration certificate. It is also the only way for you to do business in hong kong. You are required to register with the inland revenue authority in the business registration section. The business registration process is simple and less expensive. Non residents will need to work with a secretary to qualify as an offshore business organization.

As a record holder for the world s freest economy for the past two decades hong kong can be a great choice for starting your company. Business registration in hong kong is very essential for any entrepreneur. First of all you ll need to pay the agency s fee and choose a name for your brand new company. Business registration costs hk 2 000 and the annual fee for the business registration certificate is hk 450. Registered address in order to register a hong kong company you must provide a local hong kong address as the registered address of the company.

You can find the business registration offices in your neighbourhood but if you want to enjoy fast and easy service then you can take help from a registered agent. You will be able to use inhongkong s secretary s office as your hong kong business address or get assistance in finding an appropriate office space. According to the hong kong laws every company has exactly one month to register with the inland revenue department after registering a business. When registering a business in hong kong you need to prepare an assortment of documents and submit them to the registry. The registered address must be a physical address and cannot be a po box.