How To Register Business In Hong Kong

In this article we will discuss.

How to register business in hong kong. Importance for business registration in hong kong. You should register the company in hong kong at least one month before the business begins operations. This city is a recognized leader. If an overseas company wishes to carry out business activities in hong kong it must first register a business entity in hong kong. You are required to register with the inland revenue authority in the business registration section.

Hence it is a good idea to start a business in hong kong with a concrete business plan. The business registration process is simple and less expensive. 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. For a comparative overview of these three entities refer to. No matter if you wish to start a hong kong company registration a hong kong trading company or a hong kong limited company.

It is also the only way for you to do business in hong kong. Hence many start ups have come up in hong kong which is contributing to the economy of this region. Here is a demonstration of how it works. Generally the hong kong business registration fee costs hk 250 for a certificate with a validity period of 1 year. Hong kong has built a reputation for easy global banking.

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. The best method for company incorporation in hong kong is using an agency. The pros of opening a company in hong kong. Business registration in hong kong is very essential for any entrepreneur. If you are an organization or enterprise engaged in commercial industrial or professional activities you need to register your 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 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. 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. Hong kong is becoming a worldwide leader for offshore business operations because it is a safe and secure business environment.