business registration HK - An Overview
business registration HK - An Overview
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Some counties and metropolitan areas also involve you to definitely sign up your DBA — a trade name or simply a fictitious title — if you employ one particular.
While our concentration has been on the documents desired for compliant business registration, don’t ignore that you would possibly need to have further business licenses, permits, certificates, or approvals to operate your business in Hong Kong.
Start out your business journey in Hong Kong effortlessly by getting your business registration selection promptly and successfully. Get hold of us right now to get going.
In conclusion, comprehending the function of a Business Registration Number (BRN) in Hong Kong is crucial for businesses working during the location. From serving as a singular identifier to facilitating tax compliance and fiscal transactions, the BRN plays a pivotal function in business functions.
These obligations include things like the well timed disclosure and reporting of specified information regarding the business, its officers and shareholders, and so forth. and any improvements in such info to the Registrar of Companies. Each individual officer of a corporation has the accountability to make certain that the organization has complied with all these provisions.
A single purpose why it is necessary to Exhibit the BRC continually is simply because Anytime a HK federal government administrative officer can come by for an Formal inspection. Should your BRC is not exhibited for the Business office, you'll be slapped While using the aforementioned fines (plus more). You will need to Ensure that you have this.
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An employer is required to enrol both whole-time and element-time workers aged eighteen to underneath 65 and used for 60 times or even more in an MPF plan. You could possibly find one or more MPF techniques readily available out there and enrol your workforce in these strategies. Simply click the one-way links beneath for more information.
The new Businesses Ordinance simplifies the manner of execution of documents by providers. The preserving and use of popular seal is currently optional.
Moreover, in the event you submit an application for BR following in excess of one yr, the Business Registration Business will anticipate you to definitely clear the cost for latest recharging, all the charges for your yrs that you have not gone alongside, and any punishment Which may be compelled therein.
It is critical to know when constrained corporation accounts needs to be delivered to Firms Residence. It's important to remember that as you file your accounts with Organizations House, they can grow to be publicly available.
It is crucial to be aware of when constrained enterprise accounts have to be delivered to Providers Residence. It is important to bear in mind once you file your accounts with Firms Dwelling, they'll develop into publicly out there.
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We will collect all the mandatory information and facts from you and get in touch with your former accountant on your own behalf if applicable.