Detailed Notes on register company Hong Kong
Detailed Notes on register company Hong Kong
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A company identify that could infringe the intellectual property legal rights ("IPR") of a 3rd party shouldn't be adopted. Infringement in the IPR of others may perhaps catch the attention of legal or civil sanctions, possibly in Hong Kong or elsewhere.
If you look through on Corporations Registry (CR) Homepage on a desktop Laptop or computer, a modern web browser will allow you to maintain down the Ctrl crucial (Command important on a Macintosh) and press the + or - vital to extend or lower the text dimensions, and 0 to go back to the default size.
IRD stands for Inland Income Department, which can be the Hong Kong federal government’s tax authority. It really is liable for collecting a variety of taxes, including money tax, assets tax, and stamp duty.
As a world fiscal and enterprise hub, Hong Kong features several Gains for firms looking to ascertain a existence in Asia. Nevertheless, Using these Rewards come ongoing compliance demands that must be satisfied so as to maintain a company's legal standing. In this segment, We are going to go over the yearly submitting requirements, like maintaining accounts and Assembly residency necessities, along with the necessity of Keeping an once-a-year standard Assembly.
In Hong Kong, it is required that a company has at the very least one particular individual director plus a company secretary. The person director has the capacity to also function the company secretary, but there's a certain residency prerequisite for this purpose. In keeping with Hong Kong guidelines, not less than a person director needs to be a pure man or woman and their residency may be from any country, not merely Hong Kong.
Equally vital, a company’ registered identify can not be similar to a pre-present identify during the Registrar’s Index of Company names.
Forms of organizations beneath the Companies Ordinance and modifications influencing providers confined by guarantee
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The selected representative plays an important function in guaranteeing compliance Using the somewhat new law on designated consultant and SCR, which arrived into impact in 2018. By using a selected representative, the company can be sure that this statutory requirement is fulfilled by specialists.
Some of these banking establishments could be Digital bank accounts in which all banking procedures will probably be completed on line, or they may be brick and mortar banking institutions that would require your Actual physical existence just before opening an account for yourself.
a Qualified duplicate with the instrument defining the company's Structure e.g. constitution, statutes or memorandum and article content of Affiliation;
Transitioning from the sole proprietorship, forming a partnership in Hong Kong makes it possible for two to twenty people today to share income and responsibilities. If your amount exceeds 20, the entity has to be registered to be a company.
A copy of your company's articles or blog posts of association (samples can be obtained for use at e-Expert services Portal); company formation made simple and
e. twenty-time scanning) therefore you don’t should shell out for each request. All government letters scanning are cost-free. If you desire to the letters to get forwarded in your physical address, We are going to Check out the mailing payment With all the courier service service provider and let you know prior to forwarding.