Detailed Notes on HK business registration

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An running agreement describes the composition of your organization's money and functional choices. It defines how essential business conclusions are made, and Each and every member’s obligations, powers, and tasks.

Failing to take action may lead to problems down the line and can disrupt your functions. The Inland Income Section will likely not compromise on the legitimacy of businesses below their view and the results are dire for individuals who are noncompliant with the Companies Ordinance.

On Monday, September 9, the registration for motorcycles was enforced, causing the packing of bikes and forcing them to generally be attained by all means.

To amass a BRC, it's essential to total a web-based software on The federal government’s Web page or business registration office and spend the business registration payment. Bear in mind the business registration certification is much more than a mere formality; it’s a lawful need in Hong Kong and important for the Inland Revenue Department.

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Qualified extracts of knowledge in respect of companies registered underneath the just one-end firm and business registration support, or improvements of firm particulars transmitted from the Companies Registry will normally be obtainable for application 2 Doing the job days after the day of incorporation and registration, company formation charges or the day in the event the adjustments are recorded, as the situation may be.

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The U.K. and Hong Kong Have a very connection spanning above 180 many years, and in 2021, a fresh leaf is turned Together with the new British isles BN(O) visa route manufactured available to HongKongers who are suitable British nationals.

Micro-entities can opt to have easier accounts that fulfill the statutory minimum necessities, and only deliver their harmony sheet to Businesses Household.

A company tax return is submitted with HM Earnings and Customs each and every year, it reviews on the business’s earnings, losses, financial loans, and another contributing aspects that relate to the corporate’s tax liability.

Because the Business Register doesn't contain info on businesses that have ceased for ten years or even more, or new businesses for which the registration procedure has not nonetheless been done, you should will not make an application for the extract of information on these businesses.

To acquire Qualified extracts of information of the business or Anyone of its branches about the Business Sign up, you can use by means of GovHK () and shell out the prescribed cost.