5 EASY FACTS ABOUT BUSINESS REGISTRATION HK DESCRIBED

5 Easy Facts About business registration HK Described

5 Easy Facts About business registration HK Described

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Some states demand you to supply reviews shortly soon after registering according to your business structure.

Being an employer you might have specific statutory obligations and duties towards your workforce. Read the varied labour legislation for comprehensive info on employment protection and Rewards for employees, like disorders of work, employees’ compensation, occupational security and overall health, and many others.

Participating in business functions in Hong Kong with no requisite licenses is taken into account unlawful and will end in repercussions such as fines and imprisonment

We also make it easier to get the two a company registration selection and also a BRN in Hong Kong. No matter whether you're a overseas organization or an area modest business, we help with all the things from assisting you end up picking a business name to running your bookkeeping.

The files you will need — and what goes in them — will range based on your condition and business framework.

To accumulate a BRC, you must total an internet application on The federal government’s Web site or business registration Place of work and pay back the business registration charge. Bear in mind the business registration certificate is in excess of a mere formality; it’s a authorized necessity in Hong Kong and vital for the Inland Income Office.

Along with the BRC, businesses may call for other certain licenses and permits for his or her functions in Hong Kong, which have to be attained and renewed According to government laws to conduct business routines legally.

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With result from 1 March 2018, a brand new licensing regime for have confidence in or organization services suppliers has arrive into Procedure. Any person who carries on or wishes to hold on the believe in or business support business in Hong Kong is necessary to make an application for a licence from your Registrar of Businesses.

As well as, just in case you submit an application for BR after more than 1 yr, the Business Registration Place of work will assume you to definitely crystal clear the price for latest recharging, all the charges for the several years you have not long gone together, and any punishment That could be pressured therein.

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You will be ready to deal with the business registration certification software process independently, but employing an expert organization registration provider in Hong Kong company formation charges can provide a lot of positive aspects. These companies present:

We're most effective recognized for our all-inclusive endless service system, which includes all accounting products and services essential by a UK business (also see accountants for tiny businesses) plus more for a fixed regular monthly fee.

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