Some of
the companies operating by private or some are the public limited company. Your
company name can be English, Chinese and the combination of English &
Chinese. But the name must be unique that no another company have. As Hong Kong is new for foreigner and they do
not know the procedure of company formation in Hong Kong. So, you must hire the
agency in Hong Kong who provide the best services and make your procedure as
simple as it. And if you don’t want to travel Hong Kong so just file the
application online.
There
is two type of company in Hong Kong which you can set up here:
Private
Company (Limited by Share)
Public
Company (Limited by Share)
The main
difference between both the public and the private company is as follow:-
§ A minimum number of member is required
in public company is seven whereas in private company is two member.
§ There is no limit on a maximum number
of the member whereas there are not more than 50 members in private company.
§ The private company is required to end
with the word private limited where the public company needs to end with the
word “limited”.
After
getting the name of the company you have to go ahead the next procedure which
name is suitable to your company. Company name should be related according to
services you offer. After that, you have submitted your company name to the
agency then they will confirm its availability and prepare all the related
documents for further process. Documents are Article of Association (AOA) and
Memorandum of Association (MOA). After that, you have to appoint one Director
and one shareholder and one Company Secretary, where director and shareholder
act as same and director and shareholder can be of any nationality. You must
hire a resident company Secretary and it cannot be the same as director and
shareholder.
When
you have all members of Company which are required to form a business then the
next step is to submit the documents of director and shareholder which include
copies of passport and address proof. Address proof can be electricity bill,
rent bill, etc. after that agency will contact you for the further process
which fills the application for registration of certificate and sign it and
send back to them by e-mail.
When
you receive the company incorporation certificate then file the further
documents which are required for Private and public company registration online in Hong Kong.
1. Memorandum of Association (MOA) and Article of
Association (AOA)
2. Statutory declaration
3. Authorized and issued share capital
Finally,
the company incorporated to the Inland Revenue for a Business Registration
Certificate and after that, it will take 10 days’ times to incorporate the
company in Hong Kong. We at Stephen M.S. Lai & Co CPA Limited offer the
company incorporation or registration in Hong Kong. We provide both Private and public company registry of Hong
Kong.
Anybody above the age of 18 can Register a firm in Hong Kong, and several local business owners can attest that doing so provides many advantages. This small island has the kind of setting that makes businesses thrive. Regardless of its size, it has a large pool of regional as well as international abilities, well-known lawful system, simple taxes regulations, as well as great facilities. So if you're seeking the best platform for business growth in Asia, or you're simply looking to lower taxes on your service gains, Hong Kong Company Registration could be the most sensible option.
ReplyDeleteHi,
ReplyDeleteI really like your Blog and its sounds great.
This is Robert Bailey from Hong Kong.
Hong Kong is a global financial hub and every business organization wants to establish its branch in this city. Though it might sound like an easy thing to do, it may consume a lot of time and money. Eventually, you might drop the idea of establishing a company in Hong Kong Limited Company Formation.
What if you could get everything ready and start trading with your new company in Hong Kong? Yes, establishing a new company in Hong Kong can be as simple as that if you check the ready made HK companies list and pick one to establish your business in this fast growing city.
Why a ready made company?
There are a number of reasons to choose a ready made company. The main reason to prefer this option is the time it takes to open a new company. It may certainly take weeks to complete official procedures. You will encounter a number of legal barriers that will eventually affect your decision of forming a new company in Hong Kong.
Thank you