hong kong company formation Things To Know Before You Buy

Operates as an extension with the overseas guardian company, not a different authorized entity. The father or mother company is to blame for debts and liabilities. Have to be registered with Hong Kong’s Businesses Registry.

We'll supply information on Hong Kong tax rates and local allowances, so you are able to do company in Hong Kong while remaining tax-compliant.

It truly is obligatory for all Hong Kong corporations to possess a nearby Company Secretary. This person is responsible for liaising with authorities regulatory bodies when essential and if there are any changes in the company composition. Find out more about our Company Secretary products and services.

G-P makes no representations or warranties regarding the accuracy, completeness, or timeliness of the information and shall don't have any legal responsibility arising outside of or in reference to it, such as any reduction a result of usage of, or reliance on, the information.

You may need a checking account to acquire revenue and shell out your invoices. We spouse up with HSBC, the biggest lender in Hong Kong, and various regular banks.

Your small business concept is Obviously influenced. But it can help to company formation agents near me check you’re not the sole one who thinks so.

The company and its officers might be fined should they fall short to adjust to these disclosure needs.

For many years, I labored at major accounting and company secretary companies in Hong Kong. I begun Air Corporate to produce the lifetime of business owners and SMEs effortless.

Subsidiaries function as confined legal responsibility businesses and therefore are treated as different legal entities from their mum or dad companies. Consequently, below Hong Kong subsidiary rules, the dad or mum company is not really liable for anything at all the subsidiary company does.

The specialized storage or accessibility that is definitely used completely for statistical uses. The complex storage or accessibility which is utilized completely for anonymous statistical applications.

NNC1 or NNC1G Sort: They're company incorporation sorts that need information similar to the proposed company identify, the character of your enterprise, along with the director’s information. The NNC1 sort is employed for firms minimal by shares, while the NNC1G is for firms that aren't restricted by shares.

Provision of 1 list of CPA certified correct copies of the company incorporation documents essential for opening of banking account in Hong Kong*

For anyone who is an area company, it is possible to submit Variety NNC1 or NNC1G along with a duplicate of articles or blog posts of association for incorporation and Type IRBR1 to be a discover towards the company registration Office environment for getting BRN. You also have to pay out the applicable charges.

Certainly, we've been willing that will help you to change your package, the remaining balance will probably be carried ahead to The brand new deal.