You'll be able to, actually, submit an application for the two procedures directly with the IRD’s one-stop company and business enterprise registration companies to save time.
Financial institutions generally need a present-day or legitimate Organization Registration Certification to confirm the company's existence before opening a company account for businesses.
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Deciding on a business structure is the first step in the direction of overseas company registration or registering a company abroad. In lots of countries, the most typical varieties of enterprise constructions readily available are private/community confined organizations, confined liability partnerships (LLPs), and representative workplaces.
An offshore Hong Kong company is one that’s registered in Hong Kong but managed and operated from abroad, with almost all of its profits sourced from exterior the jurisdiction.
An additional structure will be the limited legal responsibility partnership or LLP, utilized by professionals who require limited legal responsibility, but will not be allowed to trade as a minimal company by their professional governing system.
Afterwards, you need to post this manner to the businesses Registry combined with the needed supporting documents, which usually include:
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This separation of authorized entities helps limit the business people' legal responsibility, safeguarding their private belongings within the celebration of any lawful or economic challenges. By very carefully picking out the suitable business construction for your company incorporation, you may establish a reliable lawful foundation and mitigate likely challenges inside your entrepreneurial journey.
There's no cash gains tax, nor any withholding tax on dividends and interest or selection of social protection Advantages. Also, there is not any profits tax or VAT in Hong Kong.
Bare minimum of 1 director who generally is a neighborhood or non-resident. A director must be earlier mentioned 18 decades of age.
A company identify proposed to be registered cannot be identical or much like an current company title. Also, just about every company identify will have to consist of a word that denotes the activity undertaken.
Tip: You'll be able to appoint someone or a company entity to get your company secretary. Here's the five most effective company secretary service providers in Hong Kong.