What Does hong kong company registration Mean?
What Does hong kong company registration Mean?
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Operates being an extension of the foreign guardian company, not a independent lawful entity. The mother or father company is to blame for debts and liabilities. Must be registered with Hong Kong’s Organizations Registry.
As per IRD, anyone who conducts trade or presents professional solutions by means of World wide web in Hong Kong need to make an application for a business registration number.
However, it really is your obligation to help keep up with all your financial reporting. Commonly, your company secretary should really tackle your reporting and tax notifications, and talk to you on this subject, depending upon the volume of assistance your company secretary supplies.
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Appointing a company secretary. If somebody, they need to reside in Hong Kong or, if a overall body company, it needs to have its registered Place of work or area of organization in Hong Kong. A sole director of A non-public company cannot be the company secretary.
That’s why several business owners use Hong Kong for a strategic place to increase their corporations in the remainder of the location.
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A company secretary in Hong Kong will not be an administrative assistant. They Perform an important job in making sure that your company is compliant with company legislation and restrictions, which include satisfying the yearly compliance needs.
Overseas providers wanting to ascertain their presence in Hong Kong have a few key organization structures: a subsidiary company, a department Business office, as well as a representative Business.
If you have arrange a limited company, you will see your registration number about the certificate of incorporation issued by Organizations Home. You may also find the number on the internet by trying to find your company name in this article:
The company registration number is a novel string of 8 characters assigned to some company in the course of the incorporation course of action. Its purpose would be to discover the company and confirm that it's been integrated at Providers House as being a lawful entity company formation documents (i.e., a ‘lawful person’ in its personal right).
So, why can it be essential for all corporations to have a Hong Kong organization registration number? Continue reading to discover.
Registering a subsidiary commences with selecting the kind of company you will arrange: a company minimal by shares or possibly a company constrained by assure. You also will need to pick a name for your organization. Phase 2 is making ready a signed and accomplished incorporation type furnished by the Hong Kong authorities as well as extra incorporation files: your company’s articles or blog posts of association and also a recognize to the business enterprise registration Business office.