We know that a reputable company stands on its graphic, consequently a prestige handle is essential to make up a trustful and honorable graphic.
Absolutely free trade – Hong Kong pursues a no cost trade plan and for that reason maintains no obstacles to trade. There's no customs tariff on items which might be imported or exported from Hong Kong. Also, import and export licensing are retained to the minimum amount. A lot of merchandise usually do not need a license to enter or leave Hong Kong. Exactly where licenses or notifications are needed, they are meant to satisfy obligations below numerous Global undertakings or make an application for general public health and fitness, protection, or security reasons.
The immigration procedure in Hong Kong is clear and successful. On the other hand, making certain that each one documentation is exact and submitted promptly is important. The normal processing time for some visas is about 4 weeks, starting in the receipt of all required files through the Immigration Department of Hong Kong.
You have got 3 options when starting a business in Hong Kong — you are able to arrange a consultant office, a department Workplace, or simply a registered subsidiary company. All 3 require that you've not less than 1 long-lasting resident in Hong Kong to depict your company.
A non-public minimal liability company is the most common form of company. Foreigners or Hong Kong people over the age of 18 can form a minimal company. Other company sorts involve a branch Workplace of a guardian company, representative Place of work, subsidiary, and sole proprietorship.
Restricted by Assure: Another variety of company you could include in Hong Kong is definitely the Limited by Ensure company. Businesses limited by assure are typically utilized for associations, charity and non-profit businesses that demand authorized character.
Hong Kong, among the significant economic powerhouses on this planet for company setup, attract traders to carry out organization during the region as a consequence of several explanations.
Dependant upon the type of enterprise, distinct licenses and permits may very well be required. Typically, permits are needless, with exceptions for unique enterprises like restaurants or monetary companies wherever health and fitness, protection, or people today’s financial savings are an issue.
Hong Kong adheres to internationally recognised accounting benchmarks. Enterprises will have to manage good textbooks of accounts, which form The idea for his or her yearly fiscal statements and tax filings. In addition, all businesses will need to have their accounts audited each year by a Accredited community accountant (CPA) like InCorp, who should be unbiased.
You require loads of time to determine a subsidiary and devote significant resources to rent Expert counsel to help you build and sustain your company.
Appointing a company secretary. If an individual, they must reside in Hong Kong or, if a physique corporate, it have to have its registered Business or location of organization in Hong Kong. A sole director of A personal company can not be the company secretary.
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Transform your legal ops right into a essential small business asset by applying strategic ways to agreement management.
Of their explanation course, our communication bundle features telephone companies which phone calls are answered together with your company title, or as instructed by you.