How To Register Business In Hong Kong
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.
How to register business in hong kong. No matter if you wish to start a hong kong company registration a hong kong trading company or a hong kong limited company. Here is a demonstration of how it works. Now that you know the different documents that are required for business registration in hong kong it is time to get the job done. 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.
If you are an organization or enterprise engaged in commercial industrial or professional activities you need to register your business in hong kong. Generally the hong kong business registration fee costs hk 250 for a certificate with a validity period of 1 year. It is also the only way for you to do business in hong kong. Registering a hong kong company using an. Business registration costs hk 2 000 and the annual fee for the business registration certificate is hk 450.
The best method for company incorporation in hong kong is using an agency. Hence it is a good idea to start a business in hong kong with a concrete business plan. Business registration in hong kong is very essential for any entrepreneur. This is a sample of what the business registration certificate looks like in hong kong. The pros of opening a company in hong kong.
Meanwhile the payment of hk 3 950 for a certificate has a validity period of 3 years. The best methods of business registration in hong kong. In this article we will discuss. Hence many start ups have come up in hong kong which is contributing to the economy of this region. 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.
This city is a recognized leader. Importance for business registration in hong kong. For a comparative overview of these three entities refer to. 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. Hong kong has built a reputation for easy global banking.