You may have 3 choices when starting a company in Hong Kong — you may put in place a consultant Office environment, a department Business office, or simply a registered subsidiary company. All three have to have you have not less than one lasting resident in Hong Kong to depict your company.
A registered small business address: By law, all organizations in Hong Kong needs to have a physical deal with to get government correspondence and to function legally.
Even if you’re both of those a shareholder and director of one's company, you’ll nonetheless need to hold an First board meeting. It’s a legal requirement that if requested, you can provide the initial board Conference minutes, as it's evidence that a company director was formally appointed. At The Formations Company, we’ll supply you with a template to easily fill out your minutes.
A recuring yearly payment that includes obtain the many companies contained in the professional bundle. Payment will automtically be taken around the working day of Original acquire each and every year.
For all non-nationals in the state of employment, the best to operate evaluation (if relevant) will include 3 extra times to the whole time and energy to onboard. There might be additional time demanded if we need to follow-up on the ideal to work assessment.
Department Business: A branch Place anchor of work extends an overseas company’s operations into Hong Kong without making a individual legal entity. It simplifies set up and administration, With all the father or mother company bearing all duties and liabilities.
Remember that whilst testimonials is often insightful, it truly is advisable to take into account them along side other components such as the company’s practical experience, expertise, and track record from the market.
The reality is you will discover a lot of myths available that steer entrepreneurs clear of this Fantastic Resource for company development.
Entire the simple issue-answer variety and uncover exactly what paperwork your confined company should be lawfully guarded.
This familiarity with Hong Kong’s exceptional context allows them to deliver beneficial insights and tips customized on your unique business enterprise requirements.
Our Added benefits packages in Hong Kong are customized to fulfill the area wants of employees. Commonly, our packages consist of some or all of the following Gains:
Xero doesn't supply accounting, tax, organization or authorized advice. This tutorial is furnished for information functions only. You'll want to talk to your possess professional advisors for tips straight referring to your business or just before having action in relation to any of your content material furnished.
The Yearly Return is a variety that includes critical facts of a company, which include its possession composition, directors, company secretary, as well as a summary of shares held. This way has to be submitted each year in forty two days on the company’s incorporation anniversary.
Acquiring Bermudian real estate, purchasing an existing Bermuda-primarily based business or putting together a brand new business enterprise there can all qualify you for Bermudian residence.