Deliver a letter to your Department combined with the identify and deal with of your enterprise, your organization registration number as well as the day you have ceased operations.
We are going to supply information on Hong Kong tax premiums and native allowances, so you can do enterprise in Hong Kong when remaining tax-compliant.
Volume of issued and paid out-up share funds (liability of the shareholder — bare minimum of HK$1) (The paid-up share cash quantity need to be deposited into the company’s bank account once the company’s checking account is ready up, on incorporation. Hence, 3E will guidance a company’s incorporation with a total issued and compensated-up share money of nearly HK£1,000 only. This can be the maximum suitable quantity for being taken as paid up by shareholders, in money, without them creating the evidence of cash.
******* We would like to highlight that CR could reject an incorporation application If your CR finds which the company’s title is similar or is a precise match to another entity, its use would constitute a criminal offence or it really is offensive or otherwise contrary to the public desire. If CR turned down an application and you want to resubmit One more incorporation application to the CR having a new name, we could aid at Yet another price of HK$2,000.
It’s helpful for different levels of lawful documentation, like submitting contracts, leasing Business office spaces, and creating a new checking account. The Organization Registration Number will likely permit you to simply observe company information during submitting procedures.
Be sure to Take note that 3E Accounting will not likely critique the customer’s account opening application or supporting documents ahead of submission into the financial institution. 3E Accounting will never go to the meeting While using the bankers and all interaction is going to be just among the bank as well as customer.
Now you have your company's name, the following move is always to choose which variety of lawful entity is best for your organization.
For quite some time, I labored at major accounting and company secretary companies in Hong Kong. I started out Air Corporate to create the lifetime of business people and SMEs uncomplicated.
You will need a checking account to get money and shell out your invoices. We husband or wife up with HSBC, the largest financial institution in Hong Kong, and various conventional financial institutions.
Personal Minimal Company: This sort of company is owned by a confined number of shareholders and cannot elevate money by marketing shares to the general public.
Its standing for a bridge concerning the West and Mainland China boosts its appeal. A straightforward and favourable tax regime also makes beginning a business in Hong Kong alluring for startups.
Even though the Hong Kong subsidiary setup method is lengthy, your company can working experience quite a few Rewards. For instance, starting a subsidiary lets you function less than a minimal liability composition, which can help your mum or dad company keep away from pricey litigation or other fines.
For anyone who is a local company, you could submit Variety NNC1 or NNC1G along with a copy of articles of association for incorporation and Sort IRBR1 as being a detect to the small business registration Workplace for acquiring BRN. You furthermore may have company formation to fork out the relevant fees.
If you modify your Business office tackle, be sure that you fill during the NR1 Variety and notify the similar authorities to prevent lacking important correspondences.