Indeed, provided that they are not the only real director or shareholder and they are a Hong Kong resident simultaneously.
You’d should check with the community authority for permission to exceed these restrictions, and also have a backup plan if the answer is no.
We're satisfied to cooperate with LegalBison for over 2 years And through this time they absolutely secured a status of really Skilled and dependable companion. Great awareness, competence and fantastic Mind-set. Keep up The nice get the job done!
You have to determine the way you're taxed—as an LLC or an organization—To maximise your means to save cash and lower tax liability.
The actual-title registration process has actually been leading to quite a headache For numerous of our clients these days. It is far from merely a challenge for foreigners, but even nearby buyers come across by themselves needing to pop in the buy assistance.
Our workforce has curated the following jurisdictions as being deserving alternatives to your company registered in Hong Kong.
Pick out your deal variety depending on your enterprise dimension and wishes. As soon as you’re satisfied, evaluation your aspects, commence for the checkout and make your payment. three Enter the essential particulars and finish your registratio
A sole trader has full Command around their organization but in addition complete obligation – If your organization is sued or turns into insolvent, you’re personally chargeable for the damages.
Ranging from our telephones to our day by day use of chatbots, the presence of Artificial Intelligence (AI) and Know-how is inescapable. A growing use of the two in several sectors like finance, Health care, and even training has manufactured this marketplace one which is attaining traction in Hong Kong.
To sort a private minimal company, the first step is to decide on a reputation for your company which really should be distinctive. Immediately after selecting the title, one should submit an application for name clearance to have anchor the identify approval certificate with the Registrar of Joint Inventory Organizations and Companies (RJSC).
When you choose Mint Formations, it is possible to be assured that the information is completely safe, as we don’t retail store or gather your payment card particulars. All information is furnished straight to our third-social gathering payment processors. These payment processors adhere to stringent standards managed through the PCI Protection Benchmarks Council, and that is a joint effort of brand names like Visa, Mastercard and Find out.
Even when your company requires a retail locale, You do not require a physical address lined up to begin your LLC formation.
The price of appointing a registered agent can variety between HK$600 to HK$1200 for that Preliminary set up. The yearly package may well fluctuate based on different agents.
There's no residency requirement that you should turn into a director but a Hong Kong Business office deal with is needed.
Comments on “The Basic Principles Of hong kong company formation”