You can, in actual fact, make an application for each procedures at the same time in the IRD’s just one-cease company and business registration expert services to avoid wasting time.

Banks frequently require a present or valid Company Registration Certificate to verify the company's existence prior to opening a business account for providers.

Designated agent: Someone authorised to act on behalf of the company. They have to become a Hong Kong resident or an accounting, legal Qualified, or licensed company company. Their particulars need to be included in the numerous controller document for ongoing compliance.

The Hong Kong Important Controllers Sign up is required since a different regulation was enacted in 2018. It names every one of the folks, either pure folks or legal entities, who keep "major Manage" of the company.

Hong Kong is frequently regarded as being an offshore tax haven. The reality is Hong Kong is solely a lower tax jurisdiction that works challenging to inspire business enterprise the two from neighborhood and overseas business owners. There is absolutely no specific ‘offshore’ company legislation in Hong Kong.

Upon submission of the application to the businesses Registry, you need to remit the pertinent authorities fee.

Dormant status can then be maintained by continuing to file a confirmation statement and dormant company accounts as and when they are due. In case the company does start out investing, HMRC must be notified inside 3 months.

Communication is another non negligible aspect for our advancement, your feeling is critical.

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To be able to arrange an LLP, you will be necessary to have a valid LLP deed or settlement I call for for being executed in between the users on the company, which specifics the legal rights and liabilities on the company.

Remittances from overseas really should be utilized to finance the project. It need to obtain approval through the suitable authorities.

For Chinese experts wanting to determine associations with English-speaking clientele during the area

Though registering a company overseas, joint ventures are proven for definite, restricted plans, like creating a venture or exploring minerals. Any two or more and more people or business entities may possibly engage in joint ventures. A corporation or simply a partnership may well serve as the operating entity.

High-quality Company Formations help why not find out more non-British isles people to sign up a company that has a prestigious Central London Business handle which incorporates similar-working day digital mail support and enterprise deal with support with Worldwide mail forwarding of all your company correspondence.