How To Register Business In Hong Kong

You should register the company in hong kong at least one month before the business begins operations.

How to register business in hong kong. Meanwhile the payment of hk 3 950 for a certificate has a validity period of 3 years. Hong kong is along with singapore the most liberal economy in the world therefore opening a limited company is simple fast and cheap the government requires a fee of 1 730 hkd for the company registration and a fee of 250 hkd for the business registration certificate. The best methods of business registration in hong kong. Registering a branch office is one of the ways a foreign company can establish a presence in hong kong the other two options being setting up either a hong kong subsidiary or a representative office. Business registration costs hk 2 000 and the annual fee for the business registration certificate is hk 450.

You are required to register with the inland revenue authority in the business registration section. The pros of opening a company in hong kong. Here is a demonstration of how it works. Hence many start ups have come up in hong kong which is contributing to the economy of this region. Business registration in hong kong is very essential for any entrepreneur.

If an overseas company wishes to carry out business activities in hong kong it must first register a business entity in hong kong. It is also the only way for you to do business in hong kong. This is a sample of what the business registration certificate looks like in hong kong. If you are an organization or enterprise engaged in commercial industrial or professional activities you need to register your business in hong kong. In this article we will discuss.

Hong kong is becoming a worldwide leader for offshore business operations because it is a safe and secure business environment. The same goes for if you are involved in any type of trade commerce craftsmanship or profession that works to produce and sell goods and services for profit. Hong kong has built a reputation for easy global banking. For a comparative overview of these three entities refer to. This city is a recognized leader.

Under the business registration service anyone who delivers an application for incorporation of a local limited company or an application for registration of a non hong kong company will be assumed to have made a business registration application at the same time. Registering a business will give you legal protection and it also allows you to have a stable and fair business environment. Registering a hong kong company using an. Importance for business registration in hong kong. Now that you know the different documents that are required for business registration in hong kong it is time to get the job done.