HK BUSINESS REGISTRATION - AN OVERVIEW

HK business registration - An Overview

HK business registration - An Overview

Blog Article

To boost protection of private details privacy, with impact from 1 November 2021, applicants for Accredited extracts of data of sole proprietorships or partnerships to the Business Sign up are needed to offer their particulars and to declare that: the information acquired from that application will only be useful for things to do regarding ascertaining whether or not the pertinent business is registered underneath the Business Registration Ordinance (Cap. 310) as well as the particulars of that business so registered; and

We'll collect all the required information and facts from you and contact your earlier accountant with your behalf if applicable.

There are lots of traders that have 1 query that is usually lingering within their minds, which happens to be, “Does their business truly need a business registration certification?” To very clear the confusion, offered down below, will be the list of businesses that demand a business registration certification.

Once the applying is submitted, businesses can assume to acquire their Business Registration Certification approximately two days pursuing the day of incorporation, in accordance Together with the Business Registration Ordinance. Failing to current a Business Registration Certification to verify the legal existence of your respective business can lead to hefty fines And maybe prison time, so you'll want to prioritise this when aiming to begin a business in Hong Kong, although it is a non-Hong Kong corporation primarily based offshore.

Generally Enabled Necessary cookies are Totally essential for the website to operate adequately. These cookies be certain standard functionalities and security measures of the web site, anonymously.

Micro-entities and small businesses are allowed to use an exemption so that there's no want for an audit on their own accounts. It is possible to decide irrespective of whether you wish to send a duplicate of your income and decline account and director’s report. You could have a less complicated equilibrium sheet.

While the Business Registration Quantity can be a significant identifier for businesses in Hong Kong, it’s not the only real registration quantity they must pay attention to. The corporation Registration Number (CRN) is another crucial identifier — a seven-digit range situated in the highest remaining corner of your Certification of Incorporation and issued by the businesses Registry, serving given that the Formal company ID for government acknowledgement of companies incorporated. A company’s social security number can also be essential for tax and financial purposes.

Company accounts include your business tax return along with your finish annual statutory accounts. Statutory accounts consult with the annually financial records geared up by your business at the end of each and every money year. These records is going to be dispersed to the businesses House and to HMRC for use for your tax return.

For most tiny businesses, registering your business is so simple as registering your business identify with point out and local company formation companies governments.

The BRC is a proper document that includes comprehensive aspects of the business which is a mandatory necessity in Hong Kong for business registration, obtained immediately after registering your business Along with the Business Registration Business office. The significance of obtaining a business registration certification as Component of profitable organization incorporation within the stipulated timeframe can not be overstated.

Want assist navigating the business registration process? Our detailed firm registration providers ensure you meet up with all legal requirements efficiently and effectively. Contact us now to begin and make sure your business is compliant from working day one particular.

Operating your personal business is extremely worthwhile, but for the fiscal yearend, items can occasionally become annoying and time-consuming, particularly if you are not a reliable accountancy Qualified looking to compile a set of accounts.

Making sure the scalability and stability of the business network, specifically in relation to tax compliance

你可直接透过这项网上服务,在支付所需费用后,索取商业登记册内的公司资料及有效的商业登记证复本。

Report this page