The Definitive Guide to company formation

The Definitive Guide to company formation

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No. Offshore company earnings is not taxable in Hong Kong. If your company intends to claim offshore position, the company shall guarantee it's got no buyers, team, or suppliers in Hong Kong.

The title “Certification of Incorporation” is prominently positioned at the best, slightly below the businesses Registry logo, making it distinct and unique from other certificates with an identical style and design.

Designated representative: Someone authorised to act on behalf on the company. They have to be considered a Hong Kong resident or an accounting, authorized Qualified, or accredited provider provider. Their facts ought to be A part of the numerous controller doc for ongoing compliance.

In accordance with the Businesses Act, a company is identified as a definite lawful entity different from its shareholders and administrators. This lawful status empowers the company to engage in agreements with other capable entities as a synthetic authorized man or woman.

When you've got any further questions on company registration or incorporation in Hong Kong, please complete the form beneath. Now we have a twelve hrs swift response plan and can get back again to you as quickly as possible.

We will hook up you with our community community of neobanks and traditional banking institutions and help with submitting your application to a lender that best suits your company’s wants.

Your proposed company name must be wholly one of a kind and not duplicate additional hints any existing registered names. Small discrepancies, like versions in letter situations, spaces, and accent marks, received’t come up with a name distinct ample for being approved.

As certainly one of the industry leader, except essential assistance, we also give price-included solutions to make sure that for making your prepare best.

In Hong Kong, the company opening approach just isn't limited to area inhabitants. Both area and non-community men and women can open a company in Hong Kong. You're not required to become a resident of Hong Kong to ascertain a company. However, it can be crucial to notice that not less than a single shareholder is needed over the incorporation approach. The shareholder is usually a non-resident unique or a company entity, allowing for for flexibility in possession composition.

Every single purpose carries specific duties and demands, such as making sure at the very least a single director is usually a organic man or woman and having a company secretary experienced about authorized and regulatory obligations.

A subsidiary company is usually often called a sister company, when the company that routines Command around it is called the mother or father company or holding company. The parent company retains the authority to manage the subsidiary company, both in part or entirely.

What on earth is a subsidiary company in India? A subsidiary company is a company entity controlled, in part or completely, by a foreign parent company.

Choosing a company name can be a essential step. The nearby authorities in Hong Kong will use this Formal name to establish your entity. Selecting an unregistrable company name can lead to the rejection within your software, necessitating you to begin the applying system all yet again.

A committed account supervisor, your company registers managed and up to 15 adjustments to the company per annum.