5 Easy Facts About HK business registration Described

5 Easy Facts About HK business registration Described

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Although our focus has been to the paperwork needed for compliant business registration, don’t ignore that you would possibly need to have extra business licenses, permits, certificates, or approvals to operate your business in Hong Kong.

Commence your business journey in Hong Kong easily by acquiring your business registration variety rapidly and competently. Speak to us today to get rolling.

This short article informs you the data and providers about licensing, registration and restrictions with regards to starting a business.

Your merchandise or solutions can have intellectual house. As a result, you'll want to acquire the required actions to use, defend and manage mental assets so as to reap quite possibly the most of commercial values arising from its ownership.

Based on how big or tiny your business is, you might also require to arrange an auditor’s report or maybe a director’s report. However, if The federal government considers your business being a micro-entity or a small corporation, then you may be able to provide less complicated “abridged” corporation accounts to Firms Property that don't call for any auditing.

Foreign competent businesses commonly need to pay out taxes and yearly report fees in equally their point out of formation and states exactly where they’re international capable.

For the duration of the attention, the Ministry of Transport declared the authorised costs for third party compulsory motor insurance policy of Liberia.

If you need to trademark your business, brand name or product or service name, file With all the United States Patent and Trademark Office environment as soon as you’ve shaped your business.

Moreover, just in case you submit an application for BR just after around one year, the Business Registration Workplace will be expecting you to very clear the cost for existing recharging, all company formations the charges for the years you have not long gone alongside, and any punishment That could be forced therein.

Don't forget, the renewal frequency for additional business licenses, including the business registration certification, in Hong Kong varies dependant on the specific license, so always check with the government Web site to understand the renewal demands for each license.

Normally, statutory accounts consist of a harmony sheet, a earnings and decline account, and also notes pertaining towards the accounts. A equilibrium sheet signifies everything that the corporate owes, is owed, and owns. A revenue and decline account implies the operating bills, income, and any revenue or reduction attained by your business in excess of a certain money period of time.

Besides, the prescribed software forms for all sorts of business have already been slightly amended as well as their new forms are put into use due to the fact 21 February 2011. Remember to refer to the following objects from the Business Registration for additional data -

Not only does this demonstrate compliance with polices, but In addition it lends reliability to the business. All things considered, your business registration certificate is a testomony on the legitimacy of one's business.