Detailed Notes on hk company set up

Detailed Notes on hk company set up

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** Prospects can appreciate no cost accounting service consultation through the services period, but exclude the applying for offshore profits exemption and associated tax planning.

You'll be able to select the similar identify as your parent company, or you'll be able to choose a unique identify. Having said that, the subsidiary name must be accepted by the Companies Registry. Other Hong Kong subsidiary demands include things like:

Aquiring a prestigious small business tackle using a virtual Business space Hong Kong ensures your brand maintains a reputable, Qualified, and legitimate business picture.

We are going to deliver information on Hong Kong tax prices and local allowances, so you can do company in Hong Kong even though remaining tax-compliant.

You will want a bank account to receive money and shell out your invoices. We husband or wife up with HSBC, the largest financial institution in Hong Kong, and also other regular banking companies.

Just after distributing your application for that Hong Kong organization registration number, it will have a various Doing the job times for approval. The Companies Registry will notify you when the method is finish.

Hong Kong’s law also demands nearby companies to file once-a-year returns and shell out yearly registration fees, along with audited economical statements geared up and signed off by a Licensed public accountant. If these obligations are usually not fulfilled, penalties could apply into the regional company.

The choice no matter if to open a corporate banking account is fully with the discretion in the bank and can't be motivated by 3E Accounting. 3E Accounting will take no responsibility or any assert for reduction ought to the lender decrease or delay to open up an checking account for the Hong Kong company.

3E Accounting will estimate a fee adhering to an assessment from the company’s accounting data at the conclusion of the accounting period. The quoted expenses will replicate the number of transactions entered into through the company and if the documents are full and adequately organised.

Interaction is an additional non negligible element company formations online for our enhancement, your viewpoint is critical.

All Hong Kong businesses need to have a local registered deal with. It will eventually seem on all authorized files and the authorities will ship any applicable notices with deadlines right here. We open, scan, and add vital documents in your Osome account for Safe and sound storage and for your assessment.

Subsidiaries work as minimal legal responsibility corporations and so are dealt with as individual authorized entities from their mum or dad firms. For that reason, beneath Hong Kong subsidiary rules, the mum or dad company just isn't responsible for anything at all the subsidiary company does.

Checking adjustments in related legislation as well as regulatory natural environment and getting appropriate action

This permits the appropriate authorities to obtain information regarding your company without having additional correspondence.