5 Essential Elements For HK business registration
5 Essential Elements For HK business registration
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To boost security of private info privacy, with influence from one November 2021, applicants for certified extracts of information of sole proprietorships or partnerships to the Business Register are needed to provide their particulars also to declare that: the knowledge obtained from that application will only be useful for actions relating to ascertaining if the appropriate business is registered under the Business Registration Ordinance (Cap. 310) along with the particulars of that business so registered; and
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No, firm registration and business registration aren't the same. Corporation registration establishes a business's company standing, though business registration makes it possible for a company to carry out business legally.
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*The duplicate of a legitimate BRC /branch registration certificate may also be considered on display and downloaded at any time within just 2 months from your day of successful application.
Other businesses really need to sign up With all the Inland Earnings Department within just 1 month of business commencement. Look into the backlinks below to the businesses needed to be registered, when and the way to sign-up, along with on-line software particulars.
Remember, neglecting to update your business registration certificate when there are actually modifications with your aspects might cause penalties and lawful repercussions.
Accredited extracts of information in regard of organizations registered under the just one-end enterprise and business registration services, or improvements of organization particulars transmitted from the Companies Registry will Ordinarily be available for application 2 Doing work days following the date of incorporation and registration, or maybe the date in the event the improvements are recorded, as the case might be.
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Micro-entities can choose to have more simple accounts that satisfy the statutory minimum amount demands, and only deliver their harmony sheet to Businesses Dwelling.
Failure to file company accounts on time can result in unwelcome late submitting penalties. Late filing penalties have been introduced to inspire directors to file their accounts and studies by the due date as this info is needed for the public record.
With result from 1 March 2018, a brand new licensing company formation services regime for have faith in or business services providers has come into operation. Anyone who carries on or wishes to hold on a belief or firm service business in Hong Kong is needed to submit an application for a licence from your Registrar of Providers.
You must submit an application for a business registration certificate inside of 30 times of initiating functions in Hong Kong, in spite of your business character.