Yes, foreigners are permitted to individual one hundred% of a company in Hong Kong, permitting you to register a company there being a non-resident.
A sole proprietorship is easily the most clear-cut business composition in Hong Kong, involving only one proprietor who manages all fiscal duties, which includes earnings and losses. Transferring ownership is so simple as providing the organization property.
Next the completion with the company registration approach, There are several crucial post-incorporation treatments that must be done. These contain acquiring a company Registration Certificate from the Inland Earnings Section within just one month of incorporation.
The process of registering a sole proprietorship in Hong Kong is swift and trustworthy. Here is a listing of several of the measures you should adhere to whilst registering your sole proprietorship.
In Hong Kong, it is necessary that a company has no less than one particular specific director as well as a company secretary. The individual director is able to also function the company secretary, but there is a specific residency need for this purpose. In line with Hong Kong legal guidelines, at the very least one director needs to be a pure particular person and their residency is usually from any region, not just Hong Kong.
3. Are they certified? You could verify this by asking for their license quantity and checking the database of Businesses Registry. Don’t hunt for the company title. Seek out the license variety. Scammers can certainly replicate a company title.
four. Exactly what is their price? The Companies Registration cost is HK£1970, and that is about US£255. If some brokers tell you that they can do it to suit your needs cost-free, Which might be a scam (or there may be hidden expenses).
Opt for a novel company identify that complies While using the polices and aligns with your company targets.
The location’s economy constantly ranks very in world-wide financial freedom, attracting Worldwide traders using a supportive company atmosphere bolstered by government initiatives These factors collectively build Hong Kong as a pretty spot for launching and expanding business functions in Asia.
Directors could be Hong Kong people or non-residents, and It's also possible to appoint nominee administrators. There’s no Restrict to the most variety of administrators your company can have.
A sole proprietorship small business construction is well suited for compact and one-individual firms that do not have substantial business enterprise liabilities. Sole proprietorships are businesses which can be owned and operated by an individual unique. As these enterprises are certainly not incorporated entities, they do not have a distinct authorized identity. In essence, the owner and the company are regarded as a single entity.
This informative article clarifies how you can build a company in Hong Kong. At BBCIncorp, we choose satisfaction in providing a swift and inconvenience-totally free incorporation service to improve your ease.
“We are actually sharing An effective Experienced connection with InCorp for nearly 20 years now. We've been very pleased with their full team in-terms of due diligence, timely help and comply with-up. We'd surely recommend their expert services to our other enterprise associates.”
Company constrained by shares - the legal responsibility of members is limited with the article content company formation made simple of association to the amount unpaid about the shares respectively held by them.