The expense to create a company in Hong Kong is US£990. It consists of The very first time governing administration filing price, required company secretary services and in addition a registered business address during the Central business district.
Please refer to this example of NNC1 and this instance of NNC1G for in-depth explanations of each and every subject.
It is your accountability to ensure you make all pertinent disclosures to the appropriate tax authorities and that you are compliant with community tax legislation. EY accepts no duty for virtually any loss arising from any action taken or not taken by anyone employing this substance.
Statrys presents a comprehensive Hong Kong company registration support with all of the essentials needed to initiate operations in Hong Kong, conveniently bundled into 1 package and one rate, one hundred% on the internet.
You will need your proposed company identify and identification files in the company’s directors and shareholders, together with copyright and proof of address.
Numerous motels are ready for travellers and have electrical retailers of varied varieties. You can utilize the realm code +852 for Hong Kong, phone the lodge and uncover which electrical shops they've.
) and accessibility results which have been intended to meet specifci requires, whether you are an employer, employee, payroll supervisor or simply comparing the impact of tax costs and thresholds in Hong Kong and so on. The entire tax calculators on iCalculator™ HK are up-to-date with the most up-to-date Hong Kong tax tables like tax prices for that 2024 tax year.
Electronic extract of information in regard of limited partnership cash (LPFs) registered under the simultaneous business registration application company or adjustments of LPF particulars transmitted from the businesses Registry will Typically be obtainable for application two working days once the date of registration, or even the day when the alterations were recorded, as the case may very well be.
Once you have effectively registered your company, you could depart all the banking preparations with us. All you have to do is clearly show up in HK to finish the opening process.
Pay back FUTA unemployment taxes: Employers are exclusively to blame for paying federal unemployment taxes. The tax price is 6% of the primary $seven,000 of taxable money an employee earns yearly. Should your company is needed to pay for right into a condition unemployment fund, you could be suitable for just a tax credit.
Despite the fact that there isn't a obligation to generally be bodily obtainable in the company registration, the person may well must be physically existing for the purpose of opening a checking account, depending upon the lender they may have picked out.
The commonest form of business registered in Hong Kong look at this website may be the non-public minimal liability company. The key reason why this sort of Company is common is since confined liability companies have an enduring framework, a robust community perception, minimal liability for its house owners, as well as a different authorized identity for just about any matter. Also, the requirements and facts for Hong Kong Firms are very uncomplicated.
The Business Registration Ordinance needs every individual who carries on a business in Hong Kong to submit an application for business registration inside of one month with the date of commencement with the business, and to Exhibit a valid Business Registration Certification in the position of business.
An sufficiently finished incorporation form which includes the next: Number of shares taken up by subscribers.