DETAILED NOTES ON HK BUSINESS REGISTRATION

Detailed Notes on HK business registration

Detailed Notes on HK business registration

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你可登入公司注册处的电子服务网站,查阅由公司注册处处长登记和备存的注册公司现况资料及文件的影像纪录。

Whilst a British isles constrained firm will need to have a UK registered Workplace address. The all inclusive package deal is great for Intercontinental prospects.

You might need individual federal government licences, permits, certificates and approvals to start your business operations in Hong Kong. You can consider the Business Licence Info Provider to acquire on the web the types of licences you'll want to operate your business.

If you are a small corporation or possibly a micro-entity, then you can choose to arrange your own private accounts to your limited enterprise. It is far from critical that an accountant file your accounts, nevertheless it is highly advised.

Your items or products and services might have mental property. As a result, you'll want to get the mandatory steps to exploit, defend and manage intellectual house in order to enjoy essentially the most of business values arising from its possession.

Now that you've got accomplished all the required stages of registering your business. This document must be displayed proudly within the business tackle or branch in which your business is carried out. Even when the business registration certificate was issued to you electronically or on line, you would need to print it out and display it in the office.

Besides the BRC, businesses may have to have other specific licenses and permits for his or her operations in Hong Kong, which must be attained and renewed as per government rules to conduct business actions legally.

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With outcome from 1 March 2018, a different licensing regime for rely on or organization company companies has come into Procedure. Any person who carries on or wishes to hold on the trust or corporation services business in Hong Kong is necessary to apply for a licence through the Registrar of Organizations.

By scanning the FPS QR code around the Monthly bill or using the TPS to pay for taxes, businesses can ensure correct and well timed tax payments, As a result staying away from the chance of penalties connected to non-compliance.

Normally, statutory accounts encompass a balance sheet, a earnings and reduction account, and notes pertaining towards the accounts. A stability sheet suggests anything that the company company formation 247 owes, is owed, and owns. A earnings and reduction account suggests the functioning expenses, revenue, and any income or reduction received by your business around a certain monetary time period.

Does one have to have aid together with your yr-close accounts? We are able to deal with submitting your yr-stop accounts to HMRC and firms Residence on the behalf. It really is obligatory for restricted firms to submit these accounts, and failing to do so may result in important fines When the agency is just not in compliance Together with the legislation.

If you'd like to understand how to begin a business, it is best to likely also know what it’s like to operate one. Here’s what real business owners consider (Hearts and Minds, 2017):

With influence from 1 March 2018, a different licensing regime for rely on or organization company companies has occur into operation. Anyone who carries on or needs to carry over a trust or firm services business in Hong Kong is needed to submit an application for a licence from your Registrar of Providers.

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