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.