Operates as an extension in the overseas mother or father company, not a individual lawful entity. The mother or father company is answerable for debts and liabilities. Needs to be registered with Hong Kong’s Businesses Registry.
Choosing a particular business framework ought to align While using the company’s strategic enterprise objectives and programs.
During this guideline, you’ll study precisely what is a company registration number, why it is crucial in your case, and ways to acquire BRN in Hong Kong.
For Hong Kong company setup with administrators, shareholders, useful proprietors, registrable controllers and nominator of nominee director are of more than 3 people or entities, an additional demand of HK$three hundred per man or woman or entity applies.
A non-public restricted company is a independent legal entity – This permits the company to accumulate belongings, go into credit card debt, enter into agreements, sue or be sued all in the title of your company.
Appointing a company secretary. If an individual, they need to reside in Hong Kong or, if a system corporate, it must have its registered Office environment or location of small business in Hong Kong. A sole director of A personal company cannot be the company secretary.
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You are able to fill out Kind IRBR 37, shell out the relevant expenses, and post it in just a thirty day period of starting off your business functions. You can submit the shape in human being to the Business Registration Workplace or apply online on the e-Tax portal.
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Due to the fact your organization receives a diploma of independence within the dad or mum company, you can choose how you can run the subsidiary and will tailor it to fulfill the requires of your area society.
The technical storage or access is strictly necessary for the respectable function of enabling using a particular service explicitly asked for from the subscriber or person, or for the only intent of carrying out the transmission of the conversation over an Digital communications community. Choices Tastes
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