Yes, foreigners are permitted to own a hundred% of the company in Hong Kong, allowing you to definitely register a company there being a non-resident.
You should Notice that this list is not really exhaustive, and extra paperwork can be requested through the bank during their compliance check. All files delivered need to be in English or Chinese for Hong Kong financial institutions.
The brand new Firms Ordinance simplifies the method of execution of documents by businesses. The maintaining and usage of common seal has become optional.
It can be highly recommended to settle on a dependable person or an expert solutions firm as the DR to ensure compliance with reporting obligations.
In case you’re registering a branch or representative office, its title should match that of your mum or dad company.
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When you are based mostly abroad, there will frequently be emotions and anxiety in retaining a company abroad. You'll want to look for firms who remain ready to provide human interactions provider.
Furthermore, there are numerous important points to notice when you choose the title of one's company. Initially, the identify should not be similar to a reputation showing while in the Registrar index. You could Get hold of a company formation agent for verification. Name research outcome company formation companies house can generally be readily available as rapid as 15 minutes. 2nd, using the identify ought to not be offensive or contrary to community curiosity.
Registering A Sole Proprietorship for Foreigners If you're a foreigner to maneuver into Hong Kong and start up a sole proprietorship, on the list of very first issues you will need to do are going to be to make an application for an investment visa.
The treatment for opening a corporate bank account in Hong Kong is similar to that in other locations but incorporates some precise techniques. It can be important to own your company entirely operational and display a practical enterprise model to ensure the lender trusts The soundness and potential clients of the venture.
Particular Legal responsibility: The operator bears unrestricted particular legal responsibility, as there is no lawful distinction among individual and small business property
The authorized system’s security can be a results of Hong Kong's status as a Unique administrative area and its adherence to widespread legislation concepts, ensuring the defense of rights and enforcement of contracts.
Following properly registering your sole proprietorship in Hong Kong, the next phase will probably be to submit an application for a business license. Even so, the sort of license you can apply for will change determined by your operating business.
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