Business setup in Hong Kong


Business setup in Hong Kong

Business setup in Hong Kong

Business setup in Hong Kong

The process for Business setup in Hong Kong center and registering it with the govt can vary betting on whether or not you’re fixing a sole proprietary, a partnership, or an organization. irrespective of what, however, your beginning is to go to the Business Registration workplace. Here you may fill out forms and pay a fee so as to urge a Business Registration Certificate. This certificate can then be valid for one year.
If square measure registering a sole-proprietorship (you are self-employed) or a partnership you Associate in Nursing or your partners can ought to submit identification – either a passport or an ID card – additionally to the specified forms.
Limited firms should register with the businesses register in Queen sway, wherever the mandatory registration work may be completed. For obvious reasons, the process amount for firms lasts longer than that of sole proprietorship or partnerships.
Sample registration forms for of these things may be found through the Hong Kong center IR Department.

See impotent article:

Company registration in Hong Kong

Depending on the character of your business, you will additionally need to envision to examine if you may need any special licenses or permits. the govt offers license info and application help through its Business License info Service.
Finally, since Hong Kong center is such a huge business center, you will need to think about buying a ¨shelf company¨ rather than beginning one from scratch. Shelf firm’s area unit firms that area unit organized and registered, nonetheless stay inactive. If you opt to pursue this arrangement, you may need {to doctor try to try Associate in Nursing do} thus with the assistance of an comptroller.
Acquiring capital
If you would like to require out a loan from a Hong Kong  center bank, you will be thwarted to be told that it may be terribly troublesome to urge start-up funds from Hong Kong  center money establishments. several banks solely lend against property collateral in Hong Kong center itself.
You should thus have a back-up arrange if you’re hoping on native banks to fund your start-up prices.
Taxes in Hong Kong center
Hong Kong has a number of all-time low tax rates within the world – and therefore the lowest in Asia. this implies that their unit varied deductions from that your business are ready to profit. a number of the foremost engaging deductions area unit prices paid toward the longer-term production of profit (e.g. the acquisition of machinery or computers). you may typically be ready to receive a full tax refund for these expenses.
Whether you’re freelance or the owner of an oversize company, you may in all probability need to consult a significant job firm once filing your tax returns. this may make sure that you’re ready to take most advantage of accessible tax deductions.
Government support
The government in Hong Kong center is incredibly adjunct of native businesses, whether or not fresh or long-established. This support has accrued since the tip of British management in 1997, as Hong Kong´s access to the big Chinese market has improved. The Trade and Development Council and therefore the Trade and Development Council Business Info Center area unit wonderful portals to government info and support.
A wealth of knowledge is additionally accessible through Invest Hong Kong center, another government sponsored organization.
As you are developing your business arrange, provide our web site on expat selling, sfconsultingbd.com a look. Our selling insights and techniques area unit meshed specifically toward expats, although several may be applied across industries.

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Company registration in Hong Kong


Company registration in Hong Kong

Company_registration_in_Hong_Kong

Company registration in Hong Kong

As all of us recognize that Hong Kong is the maximum liberal economic system within the international along with Singapore this is why opening a business enterprise in Hong Kong is straightforward, reasonably-priced and rapid. Registered capital required in Hong Kong is much lesser than most people of nations (handiest 10,000 HKD) and you can perform your business from any us of a within the global, you do not require residing in Hong Kong for operating your commercial enterprise. apart from all this, Hong Kong is a major banking center. After incorporation of your company here in Hong Kong a person is entitled to open a multi-forex commercial enterprise financial institution account (with e-banking) with international identified financial institution. This kind of function is essential while you plan to do business worldwide.

Modes of business enterprise formation in Hong Kong

earlier, best Sole trader company changed into allowed to open in Hong Kong without even getting permission to are living there and also in the ones days man or woman became required to have an workplace and a secretary in Hong Kong. however in recent times, you do not require any office and secretary for beginning your commercial enterprise in Hong Kong and also you could check in a corporation right here without even travelling in Hong Kong.

Advantages of company registration in Hong Kong

  • No earnings tax on profit earned from outside Hong Kong.
  • The Hong Kong tax machine is easy and immediately-forward.
  • a hundred% overseas shareholding allowed.
  • Low fee of incorporation.
  • Low price Annual Compliance.
  • No minimum Capital requirement.
  • One man or woman can form a constrained organisation.
  • there is no capital gains tax in Hong Kong.
  • there’s no withholding / TDS tax on hobby deposits.
  • No dividend Tax and No tax on royalty earnings.
  • there may be no net worth tax in Hong Kong.

Files Required for Registration procedure.

  • Articles of affiliation.
  • business enterprise Registry Incorporation shape (NNC1).
  • First administrators Written resolution.
  • fees for enterprise registration.
  • observe to business Registration workplace.
  • cope with, Nationality and identity details (passport) of directors, shareholders and
  • corporation secretary.
  • confirmed wide variety of shares subscribed with the aid of shareholders.
  • company’s registered address.

Private limited company registration in Hong Kong


Private limited company registration in Hong Kong

Private limited company registration in Hong Kong, If you are planning on starting a new company in Hong Kong it is wise to start with a local limited company, incorporation or a private limited company. Because, private limited company registration procedure is pretty straight forward and fast. Registration of a company can be a big hassle in a lot of countries. But in Hong Kong, all you need to do is follow a few steps and show the right documents and it shall be done in a matter of days. We mentioned in here how to register a private limited company in Hong Kong…

Private_limited_company_registration_process_in_Hong_Kong

Private limited company registration in Hong Kong

How to start a business in Hong Kong

How to start a business in Hong Kong? Of course, before starting a business it is need to registered. Then have need to known, how much several types of company in Hong Kong. and what types of business you want to start, this business how much brightness competence in future. We noted in to our website and mentioned how to start a new business in Hong Kong.

How_to_start_a_business_in_Hong_Kong

How to start a business in Hong Kong

Foreign company registration in Hong Kong

How to register a foreign company in Hong Kong? If you follow some way, you can easily register your foreign company in Hong Kong. I understand you are looking for this way. Visit our official website and known about how to register a company in Hong Kong.

Foreign_company_registration_in_Hong_Kong

Foreign company registration in Hong Kong

How to register a company in Hong Kong

Hong Kong, which is officially known as the republic of Hong Kong, It is a popular business place.Hong Kong is also attractive destination for businesses, there in have some common ways for company registration in Hong Kong. Company registration process in Hong Kong is discussed step by step:

How_to_register_a_company_in_Hong_Kong

How to register a company in Hong Kong

Foreign direct investment in Hong Kong

As a foreigner you can invest in Hong Kong economics, that way you can directly invest in Hong Kong it is in here….

Foreign_direct-_investment_opportunity_in_Hong_Kong

Foreign direct investment in Hong Kong

Business Ideas in Hong Kong

Please go to our website, we mentioned there Hong Kong business plan/ Business ideas.

Business_ideas_in_Hong_Kong

Business ideas in Hong Kong

Company registration process in Hong Kong


Company registration process in Hong Kong

If you are planning on starting a new company in a foreign land then it is wise to start with a local limited company, in other words, incorporation or a private limited company.  And if you are planning on opening that company in Hong Kong then the procedure to start a private limited company is pretty straight forward and fast too…

business_Hong_Kong

Company registration process in Hong Kong

How to register a company in Hong Kong

HK_comapany_registration

How to register a business in Hong Kong

Private limited company registration Hong Kong

Hong_Kong_business

Private limited company registration Hong Kong

Branch office open Hong Kong

<img src="image/branch_office_open_HK.jpg" alt="Branch office open in Hong Kong"/>

Branch office open in Hong Kong

Foreign Company Registration in Hong Kong


Hong Kong – S & F Consulting Firm Limited,

Foreign Company Registration in Hong Kong, Company Formation in Hong Kong, Foreign Direct Investment in Hong Kong-FDI, FDI in Hong Kong, Doing Business in Hong Kong,

Foreign Company Registration in Hong Kong, (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation),

How to start business in Hong Kong, Company registration process in Hong Kong, Company Formation in Hong Kong as Foreign investors,

Visit: www.sfconsultingbd.com, http://companysecretarybd.blogspot.com , S & F Consulting Firm Limited, Email: contact@sfconsultingbd.com, Skype: forhadhossain79S & F Consulting Firm Limited.

Company Secretary-Bangladesh: How Foreign Company start business in Hong Kong


S & F CONSULTING FIRM LIMITED is an international business consultancy firm incorporated asprivate limited company.

Lower Cost & higher service quality

Contact information:
Email: contact@sfconsultingbd.com
Service area:
  1. Foreign company registration ( 100 % foreign owned share, Joint Venture, Branch/ Liason/ Virtual office)
  2. Legal
  3. Accounts Audit
  4. Income Tax
  5. Company Secretarial
We are all Countries in Asia 

BASIC REQUIREMENTS FOR HONG KONG BRANCH OFFICE SETUP
1.     Certified true copies of the foreign company’s certificate of incorporation, memorandum and articles, or equivalent documents.
2.     A list of the directors and secretary and their pertaining details.
3.     A list of person or persons residing in Hong Kong authorized to accept service of process and notices on behalf of the foreign company.
4.     A certified true copy of the latest financial statement of the foreign company if it is a public company and is required by the law of the place of its incorporation to publish its accounts.
PROCESSING TIME
·         Around 1-2 weeks.
HONG KONG BRANCH OFFICE SETUP PROCEDURES
·         Consult and assess your company structure and collect necessary documents for the formation of Hong Kong branch office
·         Sign our Letter of Engagement to make confirmation of proceeding with the Branch office formation
·         Prepare the branch office formation documents
·         Submit the original signed company documents to the government department and pay all government fees on the client’s behalf
·         Monitor the whole process and keep the client update for any news
·         Pick up Business Registration from the government department
·         Prepare a company chop
·         Deliver the documents to the client
ADVANTAGES OF HONG KONG BRANCH OFFICE
1.     A branch office is a legally incorporated entity in Hong Kong.
2.     An impression of unity with foreign parent company.
DISADVANTAGES OF HONG KONG BRANCH OFFICE
1.     The foreign parent company is accountable and responsible for all legal liabilities and debts of the branch office
2.     Hong Kong sourced profit generated in the branch office may subject to overseas tax.
BASIC REQUIREMENTS FOR HONG KONG REPRESENTATIVE OFFICE SETUP
1.     A certified true copy of the certificate of incorporation or equivalent document of the foreign company
2.     A certified true copy of the English or Chinese translation thereof if the original is not in English or Chinese.

Visit: www.sfconsultingbd.com

Company Secretary-Bangladesh: How Foreign Company start business in Hong Kong

Company Secretary-Bangladesh: Company Registration in Hong Kong


S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.
Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.
Company Registration/ Formation/ incorporation in Hong Kong, Foreign Direct Investment in Hong Kong-FDI, FDI in Hong Kong, Doing Business in Hong Kong
Company Formation / Registration in Hong Kong
Basic Requirement to set up Branch Office in Hong Kong
1. Certified true copies of the foreign company’s certificate of incorporation, memorandum and articles, or equivalent documents.
2. A list of the directors and secretary and their pertaining details.
3. A list of person or persons residing in Hong Kong authorized to accept service of process and notices on behalf of the foreign company.
4. A certified true copy of the latest financial statement of the foreign company if it is a public company and is required by the law of the place of its incorporation to publish its accounts.Branch Office set up procedure
• Consult and assess your company structure and collect necessary documents for the formation of Hong Kong branch office
• Sign our Letter of Engagement to make confirmation of proceeding with the Branch office formation
• Prepare the branch office formation documents
• Submit the original signed company documents to the government department and pay all government fees on the client’s behalf
• Monitor the whole process and keep the client update for any news
• Pick up Business Registration from the government department
• Prepare a company chop
• Deliver the documents to the client

Advantage of Branch Office in Hong Kong
1. A branch office is a legally incorporated entity in Hong Kong.
2. An impression of unity with foreign parent company.

Disadvantage of Branch Office in Hong Kong
1. The foreign parent company is accountable and responsible for all legal liabilities and debts of the branch office
2. Hong Kong sourced profit generated in the branch office may subject to overseas tax.

Basic Requirement for Representative Office in Hong Kong
1. A certified true copy of the certificate of incorporation or equivalent document of the foreign company
2. A certified true copy of the English or Chinese translation thereof if the original is not in English or Chinese.

Hong Kong Representative Office Set up Procedure
• Consult and assess your company structure and collect necessary documents for the formation of Hong Kong representative office
• Sign our Letter of Engagement to make confirmation of proceeding with the
representative office formation • Prepare the representative office formation documents
• Submit the original signed company documents to the Hong Kong Inland Revenue Department and pay all government fees on the client’s behalf
• Monitor the whole process and keep the client update for any news
• Pick up Business Registration from Inland Revenue Department

Advantage of Representative Office
1. There are no registration requirements with the Companies Registry, no minimum capital requirements and no compliances like filing tax returns or maintaining accounts etc. The only requirement is to register with the Inland Revenue Department and obtain a Business Registration Certificate.
2. A representative office of a foreign company is not required to file any financial or other statutory returns with any government authorities in Hong Kong. The same applies to the foreign company itself.

Disadvantage of Representative Office set up
1. A representative office cannot engage in profit making activities and is not treated as a legal entity. It cannot sign or enter into any contracts, sign deals on behalf of the foreign company, raise invoices or letters of credit nor engage in trading activities.
2. The representative office has to restrict itself to promotion and liaison activities, undertaking market research and coordinating activities on behalf of the foreign company.

A Virtual Office is ideal for:
• Having a requirement to hold meetings in the city but no requirement for a full time office
• People who often travel and therefore do not have the need for physical office space
• Individuals that work from home but require a city identity
• Those who require an office identity but do not have the budget for a physical office
• New business start-ups who wish to test a new market and cannot yet justify the cost of setting up a permanent office.

Fees: Lower cost/ Fees/ Charge

Email us: contact@sfconsultingbd.com
Hong Kong

Company Secretary-Bangladesh: Company Registration in Hong Kong