About business registration HK
About business registration HK
Blog Article
Although getting a business registration selection is required, you'll find key advantages of getting a BRN:
There are numerous ways to start out a business. Not each one of these steps might be for you personally, but owners and gurus suggest you provide them with some believed.
A company tax return is filed with HM Profits and Customs every year, it studies on the corporation’s earnings, losses, loans, and some other contributing things that relate to the organization’s tax legal responsibility.
After the appliance is submitted, businesses can expect to get their Business Registration Certificate about two days adhering to the date of incorporation, in accordance While using the Business Registration Ordinance. Failing to present a Business Registration Certification to confirm the lawful existence of one's business may result in hefty fines And perhaps jail time, so be sure you prioritise this when seeking to begin a business in Hong Kong, even if it's a non-Hong Kong corporation based offshore.
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New businesses that register immediately after the beginning in the registration calendar year may have their registration expenses prorated, apart from for individuals who qualify for that minimum amount registration charge for Plan A or Schedule B and AOT Charge.
Once you've acquired your BRN from your Business Registration Workplace, verifying it for numerous uses may perhaps turn into important. The verification procedure might be executed online using the eTAX service furnished within the Hong Kong federal government Internet site.
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The files required to confirm your id rely on the sort of business you register, sole proprietorship or constrained legal responsibility corporation. Get ready all of your paperwork nicely just before according to the type of your business.
You could possibly download a specimen of Accredited extracts of information over the business sign-up for reference. The specimen is in PDF structure.
A business registration certificate is obligatory whether or not it’s a partnership, an unincorporated entity, a overseas corporation conducting business in Hong Kong, or perhaps a non-earnings organisation.
We tutorial you through incorporation, advise you on a better set up and aid with licences if essential. We also present our assist past company registration as Element of our subscription solutions.
“Those of us dwelling outside of Ganta weren't conscious of any announcement of the car or truck’s registration right up until these days,” reported Tuayen, A non-public bike proprietor.
The renewal of a business registration certification can be done company formation agents near me possibly head to head or by submit as follows: