An Unbiased View of HK business registration
An Unbiased View of HK business registration
Blog Article
Failure to renew your BRC by the due date may lead to penalties, which includes a penalty of HK$300 for late renewal. When the certification expires prior to renewal, there can be further penalties and court docket proceedings, and you may even be unable to carry on conducting business in Hong Kong.
Beginning a fresh undertaking is often equally thrilling and hard, that’s why 360 Firm Formations is in this article to simplify the company formation procedure for yourself. With a long time of knowledge while in the marketplace we provide thorough answers personalized to your needs.
Around the off probability that you just neglect to submit an application for a business registration certification in Hong Kong, it's an offense that can end in heavy fines and prison terms.
It's an 8-digit amount on the certification. When managing various government businesses in Hong Kong, you would need to seek advice from this amount. You should also need to have it when submitting annual returns.
The standard cost of utilising a business registration services in Hong Kong is HK$2,a hundred and fifty, and extra prices for late renewal of one's business registration certification or other solutions can be included.
Jogging your very own business is incredibly gratifying, but at the financial yearend, points can at times come to be tense and time-consuming, particularly when you are not a reliable accountancy Skilled endeavoring to compile a set of accounts.
For those who have a business in Hong Kong, you have to apply for a BRC inside of thirty times of initiating the functions. If the small print of one's business adjust, you will need to notify the Business Registration Business office within thirty days to help make an correct update to the registry.
Getting a BRN in Hong Kong is a simple approach. Firms can apply for a business registration selection on-line throughout the official government Internet site, which offers a convenient and successful method for businesses to obtain their formation company agents exclusive identification range.
The brand new Providers Ordinance simplifies the mode of execution of files by companies. The maintaining and use of typical seal is now optional.
Getting your BRC isn’t almost storing it securely. It should be prominently noticeable at your home of business.
你可透过此项网上服务，预约办理新商业登记、更改商业登记资料、重发商业登记缴款通知书及查询。
Commonly, statutory accounts include a stability sheet, a earnings and loss account, as well as notes pertaining to the accounts. A stability sheet signifies every little thing that the business owes, is owed, and owns. A income and decline account signifies the running costs, product sales, and any earnings or loss attained by your business over a certain fiscal interval.
Because the voice of our products and characteristics, Gabi makes sophisticated business finance and accounting subject areas simple to be aware of. Her top priority is guaranteeing that her text influence and inspire her viewers.
With effect from one March 2018, a different licensing routine for rely on or corporation service companies has appear into Procedure. Anyone who carries on or wishes to carry over a trust or firm service business in Hong Kong is necessary to apply for a licence within the Registrar of Organizations.