register company Hong Kong for Dummies
register company Hong Kong for Dummies
Blog Article
Just before we go further more, we’ll must go around some terminologies and processes which you may perhaps come across whenever you register a company in Hong Kong for a foreigner.
The actions to registering a company in Hong Kong involve picking a company identify, preparing required files, and publishing an application to the Companies Registry for rapidly and straightforward incorporation.
Establishing small business in Hong Kong incurs various expenditures dependant on variables like company character, size, and specific prerequisites.
Shareholders personal the company and make critical decisions, which includes approving once-a-year financial statements and appointing directors.
Yes. Almost all NeoBanks can aid account opening remotely. There is no need to travel to Hong Kong. In case you are interested in opening an account at NeoBanks, you could Get in touch with our incorporation agent for your free referral.
three. Are they licensed? It is possible to affirm this by asking for their license amount and checking the databases of Companies Registry. Don’t hunt for the company title. Seek for the license number. Scammers can easily replicate a company title.
four. What exactly is their rate? The Companies Registration price is HK$1970, that's all-around US$255. If some agents let you know which they can do it for you personally gratis, Which might be a fraud (or there may be hidden rates).
Should the founder member who symptoms the incorporation variety can also be a director, he/she should indicator the "Consent to Work as Director" in the shape. Other directors can either indicator the Consent assertion in the form or supply Variety NNC3 "Consent to Work as 1st Director" not later on than fifteen days following the day of incorporation of the company (“the prescribed time period”) for registration.
You might be curious why is there such an inconsistency. The truth is that processing time usually excludes the submitting date. After The federal government registers your company in file, certificate of incorporation and small business license will only be issued about the fifth day. For this reason, it is possible to anticipate a time period of 6 – seven enterprise times for paper submission.
Many of these banking institutions may very well be Digital lender accounts wherever all banking procedures will likely be company formation performed on the web, or They might be brick and mortar banks that would require your Bodily presence prior to opening an account for you personally.
After the company is registered, company proprietors can even now alter the registered tackle. If you choose to update your registered handle, We've a few (3) essential reminders. If you need a lot more information or maybe a action to move guideline, you can take a look at our weblog “How to change your registered address“.
We want to thanks as well as LEI Support Workforce for your personal endeavours to acquire the LEI, and we were being pleased to cooperate with you.
Instructional Possibility: Performing the registration yourself gives useful insights into the legal and administrative areas of organization formation.
The tax Advantages that Hong Kong features in many cases are cited as a single reason why business people worldwide are opening offshore businesses in this article.