The 2-Minute Rule for how to form a company in hong kong
The 2-Minute Rule for how to form a company in hong kong
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Being an employer you've got selected statutory obligations and responsibilities in your staff members. Read the assorted labour legislation for in depth information on employment protection and Positive aspects for workers, which include disorders of work, workforce’ payment, occupational protection and health and fitness, etc.
A restricted company is really a separate lawful entity, that is definitely, a authorized individual in its own ideal and individual from its homeowners. The benefit of limited legal responsibility by way of operating as a minimal company also delivers with it obligations in a lot given that the company ought to comply with the various provisions in the businesses Ordinance (Chapter 622 in the Laws of Hong Kong).
For the reason that Business Register does not consist of information on businesses which have ceased for ten years or maybe more, or new businesses for which the registration method hasn't however been concluded, please tend not to submit an application for the extract of information on these businesses.
Aside from this, the elevating of capital and transfer of ownership is a lot more clear-cut plus more obtainable compared to one other business constructions like the only proprietorship.
Appoint a Selected Consultant (DR) who serves as the point of Get in touch with for communications in between the company and regulatory authorities. It is recommended to decide on a trusted individual or knowledgeable products and services organization given that the DR.
Electronic extract of information in regard of restricted partnership funds (LPFs) registered beneath the simultaneous business registration application company or alterations of LPF particulars transmitted from the Companies Registry will Typically be obtainable for application two Doing work times once the date of registration, or the day in the event the improvements have been recorded, as the situation may be.
It can be a good idea to decide on a reliable personal or a professional products and services organization because the DR to ensure compliance with other reporting obligations.
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Additionally, businesses not associated with revenue technology or the ones that continue to be inactive aren't obliged to obtain a Business Registration Certification.
Find out more about the application strategies for new business registration in addition to renewal and cancellation.
With effect from 1 March 2018, a completely new licensing routine for belief or company company suppliers has appear into Procedure. Any person who carries on or wishes to hold over a belief or company company business in Hong Kong is needed to make an application for a licence from your Registrar of Businesses.