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.