Conversely, In the event your supply of cash flow is in Hong Kong, you happen to be issue on the Hong Kong revenue tax. Hong Kong authorities recently sends a welcoming concept to small business starters who are seeking prospects in HK by mulling big cuts to gain tax since February 2018.

Hong Kong’s company registration method unlocks the doors to your realm of prosperity, substantiated by studies and testimonials. As your organization forays into Asia’s dynamic industry, the sequential system fortifies your foundation.

In that circumstance, please total and submit the form IRBR177 or post an appointment letter stating the full particulars of your agent including his/her name, Hong Kong identity card number and residential tackle. A duplicate of his/her Hong Kong identity card have to also be connected to the appliance.

Operational Continuity: Variations in shareholder composition do not influence the company’s legal standing.

Business bank account price: There might be initial deposit needs and probable fees linked to retaining the account. The cost for opening an account may vary, but it would start off at all over HK$500 or more.

Similarly critical, a business’ registered identify cannot be the same as a pre-existing identify while in the Registrar’s Index of Company names.

four. What is their payment? The businesses Registration rate is HK$1970, which can be all over US£255. If some brokers tell you that they can do it for you totally free, That could be a scam (or there might be hidden expenses).

A limited partnership is usually a form of partnership that is made up of the two general associates and constrained partners. Typical companions have unlimited legal responsibility for your partnership's obligations, while minimal partners have legal responsibility limited to the extent in their capital contributions. Minimal partners may well also have confined involvement in the decision-building method.

I discovered the LEI company straightforward and economical to utilize, the turnaround time was prompt plus the group ended up usually courteous and timely with any queries I'd.  I would be satisfied to endorse them for anyone necessitating LEI registration.

Shareholders is usually Hong Kong residents or non-citizens. Nominee shareholders are allowed, and it’s feasible for the only real director to also work as a shareholder.

On the web programs typically choose about just company formation services one hour to approach. Tough copy apps, Then again, generally choose all over four Doing the job times to procedure.

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Even names that are far too very similar can be turned down. Providers might also experience fines of as much as HK£one hundred,000 if their business title is too comparable to pre-existing business names.

For Digital programs, an email notification for down load on the Certificates will likely be sent to your concept box and registered electronic mail tackle from the registered user who delivers the applying.