What is Company Registration in Hong Kong?
To register a Company in Hong Kong is a very quick and simple process. Once you have decided to incorporate a Company in Hong Kong you need to choose a name for your company and then file an application in a prescribed form to the Hong Kong Company Registry (CR). Application for registration of business is also filed simultaneously when filing the application for registration of a company. It simplifies the process of staring the business and company incorporation in Hong Kong.
What is Advantages of Company registration in Hong Kong?
Disadvantages of Company registration in Hong Kong
Procedure for Company Registration in Hong Kong?
Earlier, foreigners were allowed to open a Sole Trader Company in Hong Kong without having a Hong Kong resident permit. But now, this facility has been discontinued. You can't open any company other than a Limited Company in Hong Kong unless you're planning to stay in Hong Kong. As per the norms of China government, you are required have an office and a secretary for your company in Hong Kong.
Minimum requirements for company registration in Hong Kong
Checklist for company registration in Hong Kong
What is Procedure for company registration in Hong Kong?
The first step to start the company registration process is to check the availability of name. You can apply for company registration with maximum 3 names. Once you have finalized the name, you need to file the application for incorporation of the company.
The applications for incorporation of a company needs to be filed online at the 24-hour portal e-Registry or via the “CR eFiling” mobile application, or you may deliver the documents in hard copy form to the CR with the prescribed fees.
The application will include:
Incorporation procedure for a company in Hong Kong is really fast. Online applications filed with Company Registry for company incorporation and business registration can normally be processed within one hour if the documents are complete and as per requirements. If the application for incorporation is filed in hard copy form, the Certificate of Incorporation and Business Registration Certificate will normally be issued within four working days.
What is Bank account opening process after company registration in Hong Kong?
After you receive the Certificate of Incorporation and Business Registration Certificate you are required to open a bank account in the name of the company. You can choose to open the bank account in another country by producing the documents of your company, these documents must be apostil led by the Court of Hong Kong (authenticated with the seal of the Court of Hong Kong).
Doing Business in Hong Kong