How To Register Business In Hong Kong

Business registration in hong kong is very essential for any entrepreneur.

How to register business in hong kong. If an overseas company wishes to carry out business activities in hong kong it must first register a business entity in hong kong. Here is a demonstration of how it works. The best method for company incorporation in hong kong is using an agency. The business registration process is simple and less expensive. Hence it is a good idea to start a business in hong kong with a concrete business plan.

This city is a recognized leader. Generally the hong kong business registration fee costs hk 250 for a certificate with a validity period of 1 year. 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. This is a sample of what the business registration certificate looks like in hong kong. Hong kong has built a reputation for easy global banking.

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. You should register the company in hong kong at least one month before the business begins operations. You are required to register with the inland revenue authority in the business registration section. Hence many start ups have come up in hong kong which is contributing to the economy of this region. If you are an organization or enterprise engaged in commercial industrial or professional activities you need to register your business 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. The pros of opening a company in hong kong. Registering a hong kong company using an. 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.

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. No matter if you wish to start a hong kong company registration a hong kong trading company or a hong kong limited company. The best methods of business registration in hong kong. Registering a business will give you legal protection and it also allows you to have a stable and fair business environment. Importance for business registration in hong kong.