How To Register A Business In Hong Kong
The registered address must be a physical address and cannot be a po box.
How to register a business in hong kong. You are required to register with the inland revenue authority in the business registration section. Bearer shares are not allowed. 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. What documents are required for business registration in hong kong. These are documents that clearly specify a company s operation regulations.
According to the hong kong laws every company has exactly one month to register with the inland revenue department after registering a business. 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. Non residents will need to work with a secretary to qualify as an offshore business organization. Business registration costs hk 2 000 and the annual fee for the business registration certificate is hk 450.
The business registration process is simple and less expensive. It is also the only way for you to do business 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. 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 should register the company in hong kong at least one month before the business begins operations. When registering a business in hong kong you need to prepare an assortment of documents and submit them to the registry. Hence many start ups have come up in hong kong which is contributing to the economy of this region. Failing to register to pay taxes will result in heavy fines and possible restrictions on your business that will forbid you from operating any business activities. Hence it is a good idea to start a business in hong kong with a concrete business plan.
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. Articles of association for your company. Your licensed agency will then check whether the name is available in hong kong or is already taken. You ll need this certificate to display it at the address you have used to register your company. It is not required to be a resident of hong kong to set up your business entity or organization.