hong kong company formation - An Overview

hong kong company formation - An Overview

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Ship a letter for the Office together with the identify and tackle in the organization, your enterprise registration number and also the date you've ceased functions.

You can choose the same title as your guardian company, or you are able to choose a different name. Nevertheless, the subsidiary identify really should be authorized by the businesses Registry. Other Hong Kong subsidiary necessities contain:

(There isn't any foreign shareholder restrictions in Hong Kong – a foreigner is permitted to have one hundred pc shareholding during the company)

For Hong Kong company setup with directors, shareholders, beneficial entrepreneurs, registrable controllers and nominator of nominee director are of over three folks or entities, an extra cost of HK£three hundred per particular person or entity applies.

Your company secretary is going to be in control of guaranteeing that the company is in fantastic standing With all the laws governing the incorporation and routine maintenance of firms in Hong Kong.

After publishing your application with the Hong Kong small business registration number, it is going to take a various Functioning times for approval. The businesses Registry will notify you when the method is complete.

Increase-on one company seal For an additional fee of HK$four hundred. (Companies now not required by regulation to possess a popular seal)

** Shoppers can appreciate absolutely company formation charges free accounting support session over the provider period of time, but exclude the application for offshore income exemption and relevant tax organizing.

Subsidiaries run as constrained liability organizations and so are dealt with as individual lawful entities from their guardian corporations. Thus, underneath Hong Kong subsidiary rules, the guardian company will not be answerable for just about anything the subsidiary company does.

It's important for submitting tax returns, opening bank accounts, and handling area authorities authorities.

This distinction sales opportunities many foreign enterprises to favour the subsidiary route for his or her Hong Kong functions instead of a branch Business.

Choosing the appropriate business framework is critical in new company formation, because it influences your tax responsibilities, versatility of small business operations, and legal liability.

When you cease functioning your Hong Kong organization, you need to notify IRD to terminate your online business registration certificate. To do this, you are able to possibly:

Ought to your enterprise title be in English, it ought to conclude with “Confined.” In the case of the Chinese title, it need to be articulated applying common people and terminate with “有限公司.”