business registration HK - An Overview

business registration HK - An Overview

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Failure to renew your BRC promptly may result in penalties, like a penalty of HK$three hundred for late renewal. Should the certification expires prior to renewal, there can be more penalties and court proceedings, and you may even be not able to continue conducting business in Hong Kong.

Publishing selected documents to the business registration Place of work is needed to obtain a BRN. These commonly incorporate:

Sounds simple, doesn’t it? That’s as it is! With the appropriate preparing and preparing, the appliance course of action for a BRC is often simple and trouble-free of charge to productively entire firm incorporation.

You will find specified exceptions where you don't require a business registration certificate. When you are a person employed by an organization in Hong Kong, You aren't predicted to have a BRC.

Firm dissolution (or enterprise strike off) is largely on the list of usually means of formally shutting down a business and reducing its file from the Companies Sign up.

Now that you choose to’re in business, you wish to remain there. Xero’s got methods and answers to help you.

When you've got a business in Hong Kong, you have to apply for a BRC within thirty times of initiating the functions. If the main points of your respective business adjust, you should notify the Business Registration Office environment within just thirty times to generate an acceptable update on the registry.

An employer is needed to enrol equally entire-time and portion-time staff members aged eighteen to underneath sixty five and used for sixty times or more within an MPF plan. You might find a number of MPF techniques out there on the market and enrol your staff members in these techniques. Simply click the one-way links below for more information.

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The moment the application has long been sent to Providers Property it really is outside of our Handle how much time the application will acquire. Generally Corporations Home system applications in a single working day. On the other hand, on Mondays it may just take longer a result of the weekend backlog.

商业登记及公司注册牌照及许可证知识产权取消商业登记及撤销公司注册 破产及清盘

A firm tax return is submitted with HM Earnings company formation Hong Kong and Customs each year, it reports on the company’s earnings, losses, loans, and every other contributing elements that relate to the organization’s tax liability.

Also, failure to adhere to BRC regulations can have a substantial effect on your business’s operating and will bring about the forfeiture of business prospective customers like a consequence of penalties and fines.

With outcome from one March 2018, a new licensing regime for believe in or business support companies has appear into operation. Any person who carries on or wishes to carry on a trust or business services business in Hong Kong is required to apply for a licence from the Registrar of Companies.