When considering the robust authorized procedure in Hong Kong, It truly is necessary to Notice the sturdy authorized framework, transparent hong kong rules, plus the existence of an impartial judiciary. These factors lead into a safe setting for small business functions, specially for A non-public minimal legal responsibility company.
The corporate tax charges in Hong Kong are aggressive because they follow a territorial theory method that exempts tax for many financial gain kinds acquired beyond Hong Kong.
The first step to register a company in Hong Kong is to pick a company identify. A Hong Kong restricted company might have its identify expressed in English or in Chinese, or with names in the two languages.
Some certain items for import and export require even more registration. Be sure to reference the web site with the Trade and Sector Division for additional details. You may find supplemental information and facts connected to the licensing of other corporations, like Individuals outside of imports and exports, below. ⁶
It is vital to note that in a partnership, obligations are shared One of the partners. As a result, a company registered like a partnership will not possess a independent legal id, and all companions are Individually held accountable for that debts, liabilities, and actions of your small business, like These carried out by other partners.
If your company has company shareholders, the CR would require a accomplished form NNC1, signed by the directors. This manner is typically returned to them physically. This part of the method ordinarily requires about four to five working days.
Sorts of organizations under the Companies Ordinance and alterations impacting companies minimal by warranty
Produce a sturdy marketing and advertising and distribution strategy to achieve world-wide buyers and accomplish business achievement.
In this particular manual, I’ll share the techniques required to register your company and talk company formation made simple about the benefits and matters to take into account before organising a company in Hong Kong.
It's crucial to know the features of each structure, as the selection is determined by your company's mother nature. Nonetheless, non-public constrained legal responsibility organizations, also known as "minimal businesses" or "LLCs," are the commonest selection.
a Accredited copy from the instrument defining the company's Structure e.g. constitution, statutes or memorandum and content articles of association;
The non-public info you may have supplied should help us deliver, acquire and market our expert services. By distributing your aspects, ticking the bins and clicking "Post" suggest you have go through and agreed to our privateness policy and cookie plan.
If you choose to function multiple sole proprietorship in Hong Kong, Each and every business is going to be required to have its exclusive business title and its individual Company Registration Certification.
Be sure to be pointed out that not all enterprises in Hong Kong are subject matter to those licensing demands. Only specific sectors necessitate the application for a business license. You can find in-depth steerage on this subject within our post licenses and permits in Hong Kong.