The Greatest Guide To Incorporate in Hong Kong
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For all other corporations, the AGM ought to be held inside six months following the stop of its accounting reference period.
Submit an application towards the IRD, together with an intensive audit confirming no business routines have taken place in Hong Kong.
Please note:- Substantially larger registration service fees are payable for late shipping and delivery of yearly returns.
The return updates the Registry on company particulars which include directors, shareholders, and also the registered Business address.
When contemplating the potent legal method in Hong Kong, It really is necessary to Take note the strong lawful framework, clear hong kong guidelines, and the existence of an unbiased judiciary. These facets contribute to your safe atmosphere for business functions, specifically for A non-public constrained legal responsibility company.
We are going to connect you with our neighborhood community of neobanks and conventional banking companies and assist with publishing your application to the lender that most closely fits your business’s requirements.
People can easily perform company name queries and access submitted documents, making sure educated decision-generating and endorsing transparency across the corporate landscape.
A company with a person director simply cannot appoint Yet another company as its secretary if each corporations share exactly the same sole director. Basically, the company secretary are not able to currently be serving being a director of another company.
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It is important to keep these paperwork to your data, as the Companies Registry (CR) may ask for them for inspection at any time. On top of that, you may have them when applying to get a business account.
Certainly, a foreigner can start a company in Hong Kong. The process is easy; overseas nationals can personal one hundred% with the company though serving as the only real director and shareholder.
In Hong Kong, the main corporate tax is known as “earnings tax”, which applies to cash flow earned throughout the territory. The gains tax level follows a flat-price program, that has a progressive framework for smaller businesses.
There won't be any minimum amount or optimum share capital demands in Hong New Company Registration in Hong Kong Kong, aside from certain regulated industries, like finance.
In case the statutory documents are saved in a spot other than the registered Office environment, then the Companies Registry need to be notified by distributing Variety NR2.