Table of Contents
Who can register a company in Hong Kong?
Governed by the Companies Ordinance of Hong Kong, any person (foreign or local) above the age of 18 can setup a Hong Kong company. The most common type of business entity registered in Hong Kong is a private limited liability company.
How do I register a business name in Hong Kong?
How to Obtain Business Registration Application Forms
- e-mail to [email protected], complete the form IRBR194 or request in writing by post or by fax (2824 1482) to the Business Registration Office.
- Obtain in person at the Business Registration Office at 4/F of Revenue Tower, Wan Chai.
How do I register my LLC in Hong Kong?
Incorporation of a local limited company in Hong Kong
- Step 1 – Choose the type and name of company. Choose the type of company that best suits your company’s purposes:
- Step 2 – Deliver application.
- Step 3 – Collect Certificates.
- Step 4 – Obtain other permits or licences.
How long does it take to register a business in Hong Kong?
The Certificates can normally be issued within 10 working days. Certificates in electronic form or hard copy form have the same legal effect..
What is required for company registration?
The documents for registering a Public Limited Company include identity proof, address proof, and PAN Card of all Directors and shareholders, DIN, DSC, Utility Bill, NOC from the landlord, Memorandum of Association, and Articles of Association.
What is the difference between a company name and a business name?
The difference between a trading name, business name and company name. A business name is simply a name under which you conduct a business. A company is a separate legal entity registered with ASIC.
How much does it cost to register a company in Hong Kong?
For Hong Kong businesses to receive their Business Registration Certificate, the company must make a payment (HK BR Fee) to the business registration office. There are two main types of registration that companies may pay for: 1 Year Business Registration: HK$250. 3 Year Business Registration: HK$3,950.
Can a foreigner open a bank account in Hong Kong?
Hong Kong allows everybody to open a bank account, regardless of Hong Kong residents or non-residents. Note, however, that foreigners opening a bank account in Hong Kong may be subject to more additional requirements for verification/identification purposes, compared to that for a local resident.
Why incorporate your business in Hong Kong?
Hong Kong is a major banking center and once you have incorporated your company there, you’ll be entitled to open a multi-currency business bank account (with e-Banking) at a globally recognized bank such as DBS or Hang Seng Bank. This is a key feature if you plan to do business worldwide.
Are Hong Kong companies compulsory to own a corporate bank account?
However, Hong Kong companies are NOT compulsory to own a corporate bank account in Hong Kong. Instead, they can register a bank account in other countries. By dint of its good reputation, Hong Kong companies are typically welcomed in most foreign countries, allowing them to easily open a bank account.
Can a non-resident open a bank account in Canada?
Yes. Even if you’re not a Canadian citizen or live in another country, you may be able to open a bank account as long as you have the proper identification. In Canada, you have the right to open a bank account, even if you: Don’t have a job. Don’t have money to put in the account right away.