Osome helped me set up my organization when I had been nevertheless travelling - the procedure from onboarding to acquiring all files is seamless, and issues usually are answered within just a lot less than 24 hrs. Thanks, Osome!
Step one in the entrepreneurial journey consists of familiarising yourself with critical Hong Kong govt departments:
Conson supplies dynamic electric powered directory indicator and fixed Listing indicator so that you can display your company name.
Organizations in sure industries are required to make an application for licences and permits to work, like dining places, selling liquors, income company operators, and import and export. Some kinds of businesses could possibly require more than one licence.
A non-public restricted company is usually a independent legal entity – This permits the company to accumulate assets, go into personal debt, enter into agreements, sue or be sued all within the title in the company.
Your organization plan is Plainly motivated. But it helps to examine you’re not the one a single who thinks so.
Now you have your company's title, another stage should be to choose which sort of lawful entity is greatest for your business.
Before you begin in your company incorporation journey, it's essential to discover all the things you need to know in regards to the BRN. This piece will expose all of the necessary details in regards to the Hong Kong business registration number business people ought to know, including the best way to make an application for it.
Subsidiaries work as minimal liability businesses and are treated as different lawful entities from their father or mother organizations. Thus, beneath Hong Kong subsidiary regulations, the mum or dad company is just not responsible for anything at all the subsidiary company does.
Creating a representative Business emerges like a company formation documents practical option for People contemplating a preliminary exploration with the Hong Kong marketplace right before committing important investments.
The shareholder’s legal responsibility is limited to the quantity of his respective financial commitment. Frequently, the shareholder’s personal belongings can not be qualified if the company goes into debt.
Subsidiaries run as limited legal responsibility companies and so are treated as independent lawful entities from their father or mother companies. For that reason, less than Hong Kong subsidiary rules, the parent company is just not chargeable for something the subsidiary company does.
The UTR shouldn't be bewildered with a business banking account, which a company will need to arrange separately.
It really is mandatory for all corporations in Hong Kong to appoint a local company secretary when registering your company, as they are a immediate point of Get hold of for inquiries from authorities, making certain regulatory compliance and operational transparency.