The Definitive Guide to company formation
The Definitive Guide to company formation
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The company bears accountability for its debts to 3rd get-togethers, shielding the non-public belongings of its stakeholders.
Banking institutions typically need a present or valid Company Registration Certificate to verify the company's existence in advance of opening a company account for businesses.
We know that a reputable company stands on its impression, thus a Status tackle is essential to make up a trustful and honorable graphic.
Based on the Corporations Act, a company is recognized as a distinct authorized entity individual from its shareholders and administrators. This lawful position empowers the company to engage in agreements with other capable entities as a synthetic lawful human being.
Registered address — this must be a Actual physical locale in Hong Kong and doesn’t essentially should be wherever your working day-to-day company is carried out. It could even be your household handle, but Keep in mind that this information will likely be publicly accessible.
On submission of the applying to the Companies Registry, you will need to remit the appropriate authorities rate.
Your proposed company identify needs to be completely unique instead of replicate any current registered names. Small variations, check it out like variations in letter cases, Areas, and accent marks, gained’t create a identify unique adequate to become approved.
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We'll offer information on Hong Kong tax premiums and native allowances, so you are able to do business in Hong Kong even though remaining tax-compliant.
All firms are integrated under the identical rules irrespective of whether or not they opt to perform organization in Hong Kong. The attraction for overseas investors is that firms who don't derive any earnings from resources in Hong Kong don't spend tax.
For foreigners, they can go along with our deluxe pack , which can be made to cater the desires of our foreign consumers with Intercontinental compatibility and cultural sensitivity.
Appointing a company secretary is more than a statutory prerequisite. A professional company secretary can give you complete guidance which permits your company to work proficiently without having physical existence in Hong Kong.
Being regarded a substantial controller, someone or company should possess twenty five% or even more on the shares or voting legal rights in the company.