How To Register Business In Hong Kong

Registering a business will give you legal protection and it also allows you to have a stable and fair business environment.

How to register business in hong kong. It is also the only way for you to do business in hong kong. For a comparative overview of these three entities refer to. Business registration in hong kong is very essential for any entrepreneur. You are required to register with the inland revenue authority in the business registration section. The business registration process is simple and less expensive.

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. This city is a recognized leader. The best method for company incorporation in hong kong is using an agency. If you are an organization or enterprise engaged in commercial industrial or professional activities you need to register your business in hong kong. In this article we will discuss.

The pros of opening a company in hong kong. Registering a hong kong company using an. Here is a demonstration of how it works. Hence it is a good idea to start a business in hong kong with a concrete business plan. If an overseas company wishes to carry out business activities in hong kong it must first register a business entity in hong kong.

You should register the company in hong kong at least one month before the business begins operations. 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. 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. Now that you know the different documents that are required for business registration in hong kong it is time to get the job done.

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. No matter if you wish to start a hong kong company registration a hong kong trading company or a hong kong limited company. This is a sample of what the business registration certificate looks like in hong kong. Importance for business registration in hong kong. Generally the hong kong business registration fee costs hk 250 for a certificate with a validity period of 1 year.