Incorporating a company in Hong Kong, particularly a Private Company Limited by Shares (the most common type), involves several key steps and requirements. The process is generally fast and efficient, especially when done online. Here is a step-by-step guide to Hong Kong company incorporation: 1. Pre-Incorporation Decisions & Preparation 2. Prepare Required Documents You will need to […]
The annual compliance requirements for Hong Kong companies mainly involve the reporting and maintenance requirements of the two major government agencies, the Companies Registry (CR) and the Inland Revenue Department (IRD). Compliance matters Responsible department Statutory time limit (local private limited company). Documents must be submitted remark Annual return Companies Registry (CR). Within 42 days of […]
The process and requirements for opening an account with a bank for Hong Kong companies mainly focus on preparing thorough documents, completing the bank’s due diligence (KYC), and choosing the right bank/service. Here’s an overview of the detailed steps and required documents: Steps to Open a Bank Account The general account opening process can be […]
Upon successful incorporation of a Hong Kong company, the next step would be the business registration of your office address with the Inland Revenue Department (IRD) of Hong Kong. Check the Service Hours before you visit the Business Registration Office Address. Where to Register Your Office Address The registration of your office address will take place […]
To legally operate a business in Hong Kong, you must have the necessary business licenses and permit requirements in Hong Kong. The business licenses and permits in Hong Kong will be issued based on the nature of your business activity. Further, a Hong Kong government department or agency will be responsible for the issuing of these […]
Beginning 1 March 2018, new changes were made to the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Bill 2017, and the Companies (Amendment Bill) 2017. These changes were passed by the Hong Kong Legislative Council. These changes were in-line with the international standards of counter-terrorism financing and anti-money laundering regulations which were set forth […]
Hong Kong is a bustling business hub, and there is just something about this exciting city that has foreigners from all over the globe keen to set up a business in the country. For an investor, one of the biggest considerations would be the premise where their business is going to be based. This guide will highlight […]
Writing a business plan in Hong Kong is a requirement if you intend to set up a business. Not just in Hong Kong, but anywhere in the world too. No doubt writing a business plan can feel like a monumental challenge, especially when you’re not sure where to begin. Yet, this is a very crucial part […]
A Hong Kong Offshore Company is One of the Best Ventures You Can Establish Hong Kong has always been among the most popular jurisdictions for entrepreneurs for offshore company registration. Among the reasons for the popularity of Hong Kong offshore company registration include the benefit of having no foreign exchange controls, its low tax regime, […]
When you setup a new company in Hong Kong, there are a few registration processes you need to go through in order to get your company properly incorporated in Hong Kong. In Hong Kong, company registration, business registration and trademark registration are the three registration processes that you need to know where all three are regulated […]
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