Know the Procedure of Company Registration in Hong Kong

An agency is a company in Hong Kong who will help work alongside you from the beginning to the end of company setup. For each shareholder of the company you will need to have ready:

1-      Photocopy of your passport

2-      Company name ideas

3-      Correspondence address

4-      Hong Kong secretary address

Company registration Hong Kong involves various processes:

1-      Getting a Hong Kong address secretary

•secretary services

•mail collection and scanning

•phone answering services

• meeting rooms

•business lounge

•dedicated office

2-      Choosing a company name

When you have filled all the company formation documents and you are given your formal company tools you will receive the famous Hong Kong incorporation green box. After the company is setup you will receive this box containing tons of various goods:

•Certificate of incorporation

• Business registration certificate

• The articles of association

• The certificate of share ownership

• The book of decisions of the assemblies

• The two stamps of your company

• The seal of your company in nice and fancy stainless steel

You will receive it approximately one to two weeks after the company is setup.

3-      Visiting Hong Kong for bank account

4-       Applying for bank account

Know Why Formation of Holding Company Is Easy In Hong Kong

Holding companies are special types of firms which can hold shares and assets without directly operating themselves. They are legal entities in their own rights and can pay dividends to a parent company as well as receive them from subsidiaries.

As economies of Hong Kong and China grow, the Hong Kong holding company formation started becoming increasingly relevant because of the benefits they can provide. With more than six in ten investment in China passing through Hong Kong having holding company based in the region to help reap significant dividends. More and more firms are looking to the east for business and the World Bank ranks Hong Kong highly on its ease of doing business report.

It also has a stable banking and legal sector. Formation of holding companies have always been easy to start in Hong Kong, their rules regulations and guidelines are so clear that makes it much easier for a new business to get started.

Importance of Incorporation of the Companies in Hong Kong

Incorporating a holding company in Hong Kong for companies who want a presence in Asia with access to large markets and business advantages such as low taxation, a holding company in Hong Kong is among the best options.

There are various mediating companies which provide a nominee secretary for Hong Kong company incorporation purposes and we don’t have to worry that they will have any control over our newly formed enterprise as they will be a secretary in name only and won’t have any direct dealing in our operations.

As options for clients besides registering their own holding company in Hong Kong is to purchase a shelf company and we can assist with this the advantage is that the process is quicker than registering a new business entity.

How even if clients wish to set up their own holding company in Hong Kong, they will, first of all, carry out a detailed search with the companies registry in Hong Kong to ensure that the proposed company name is acceptable and not already in use. From there they will prepare all the necessary documentation which will require the client's signature before proceeding with incorporation.

Easy Procedure for Hong Kong Online Company Registration

There are so many reasons a business owner prefers to set up operations in Hong Kong when he is planning to expand his business outside his home country. For a foreign company, Hong Kong offers a very business friendly environment with an amenable tax structure. There are several agencies which can help do the initial paperwork while incorporating a company in Hong Kong. This city also has a dependable pool of skilled professionals who can help run the business smoothly. Hong Kong is truly cosmopolitan with businessmen and professional from all over the world living and working here. The city offers easy access to some of the most profitable markets of Asia.

When a new company is to be incorporated in Hong Kong, there are well explained and easy steps to be followed. Before initiating the process, the business owner needs to choose a name for his firm. The name should be in English and Chinese. It should not match any name already taken, and neither should it infringe any trademark used by another firm. Once the name is finalized, a postal address needs to be finalized for the firm, which shouldn’t be just a post box. It should be a real address that exists physically. If the business owner finds it difficult to buy or lease any office space, he can utilize the services of any agency that can provide a postal address and office.Additionally, the authorities have also set up websites to facilitate the process of Hong Kong online company registration.

After these two issues are taken care of, the business owner needs to fill up two forms (one for incorporation, the other for business registration), complete the Articles of Association, and then log on to the website of the Companies Registrar for applying for incorporation. The necessary fees can also be paid online. If there are no queries, then the incorporation certificate would be issued the same day.

Certain Criteria for Setting up a Sole Proprietorship in Hong Kong

A sole dealer or trader in Hong Kong otherwise called a sole proprietorship is appropriate for small-scale organizations that normally keep running by one entrepreneur and have next to zero business liabilities. This sort of business structure is just recommendable in specific cases in light of the fact that a sole proprietorship does not offer security for personal resources.

One favorable position of the sole dealer in Hong Kong is the way that the company registration process is extremely basic and quick. For more alternatives with respect to business structures, our company formation agents in Hong Kong are prepared to offer you detailed portrayals for each sort. Setting up sole proprietorship in Hong Kong is viewed as one and the same, subsequently; the greatest distinction of this business form is that the proprietor is completely liable for every one of the obligations and liabilities of the sole dealer.

As some other kind of company in Hong Kong, a sole broker must be enlisted and should observe the tax collection standards. Tax forms should likewise be documented on a yearly premise. Foreign financial specialists who are occupied with Setting up sole proprietorship in Hong Kong should look for the services of a Hong Kong organization arrangement firm that can enroll the business for their benefit. Something else, outsiders who need to enlist the sole proprietorship in their name must apply for a venture visa in the wake of registering the sole proprietorship.

There are sure criteria that should be satisfied for getting the venture visa. If you like to hire an organization enlistment specialist in Hong Kong that can help you on setting up sole proprietorship in Hong Kong and the specialists can deal with the organization registration procedures in Hong Kong.

You can set up a company in Hong Kong online without traveling anywhere. There are many alternatives are available here who helps you to open a company online. It is essential to choose the best agency among all alternatives. We at Stephen help foreign or local business investors to setting up sole proprietorship in Hong Kong in an easy and reliable way.

Why is Company Registration Necessary?

It has an exceptionally effective transportation system, working the legitimate system and best in class media transmission infrastructure makes it the objective of entrepreneurs. The utilization of English in this City additionally elevates its appeal as the perfect area to start a business. Hong Kong follows English common law which advocates for the principles of value or rules of equity. It has a highly skilled workforce that is its delegated jewel. This benefit attracts business investors to put pen to paper. 

When you register company in Hong Kong online then it requires a straightforward way to deal with business. This adds to the chances of having your organization effectively settled. Keeping in mind the end goal to accomplish the level of straightforwardness required, you could consider hiring the services of experienced officials who are fully informed regarding techniques that can enhance your business results.

Requirements:-
a)    When you want to register company in Hong Kong online, then you can appoint foreign business investors as its director and shareholder.
b)    There is at least one director and shareholder is required. One individual can bend over as director and shareholder
c)    The minimum share capital prerequisite is HK$10,000. This amount shouldn't be paid in advance.
d)    Company incorporation in Hong Kong requires a registered office in the ward and an inhabitant individual or a nearby organization to go about as secretary.
e)    When you register company in Hong Kong online then the company name should end with the word Ltd or Limited. This state limited liability. 

When you register company in Hong Kong online then the procedure of bank account is clear. You might be required to meet personally with the bank. Be that as it may, due to the expansive system of extraordinary connections in the banking sector, it might be superfluous to do as such. Opening the bank account for your organization may pick up your access to additional account highlights. Some extra corporate account benefits like credit/debit cards, low transaction fees, internet banking, multi-currency accounts.

There is any company that fails to apply for company registration in Hong Kong will pass up a major opportunity for lucrative business openings. This financial center gives organizations all the need incentives for development. This city is a doorway to China and numerous other world markets.

Easy Procedures for Company Formation in Hong Kong

The principal corporate legislation is the Companies Ordinance. The sort of companies that are used for international investment or trade is “Private limited company”.  A Hong Kong company have all the powers same as natural persons. The official language in Hong Kong is English or Chinese. 

 There are two types of companies which foreign investors start in Hong Kong which includes:-

1)      New company in Hong Kong

2)      Already foreign existing company in Hong Kong or Shelf Company

You can hire an agency for Hong Kong company incorporation; they are providing high-quality services to the foreign business investors and make their entire process easier and reliable at a good cost. For this process, you did not need to go anywhere; you just have a laptop and internet facility with you. Just visit consulting firm’s website and fill the online application form and after that professional persons will shortly reach you to guide next steps.

Hong Kong Company Incorporation Procedures:-

1)      Choose the type of company which you are going to start in Hong Kong. You can choose either a new company or existing company according to your business plans & objectives. Agency will help you to choose the best options.

2)      After choosing the type of company, you have to choose the company name which is unique and related to your company services. The company name must be in English or Chinese and both English or Chinese.  Agency will provide you the best company name list which is related to your services then you have to choose the best among all options.

3)      Then you have to submit the required documents for Hong Kong company incorporation which is Memorandum of Association (MOA), Article of Association (AOA), and Declaration of Compliance.

4)      After submitting the documents, the agency will give you some documents which you need to sign and send back to them through emails.

5)      Within 10-14 days, you will receive a Certificate of incorporation.