The new Firms Ordinance simplifies the mode of execution of files by organizations. The holding and utilization of common seal has become optional.

Using a house handle like a registered company tackle can be practical, but Furthermore, it exposes the home resident and business enterprise founder to difficulty. Such as, In case the home is rented, the phrases with the tenancy will have to accommodate a registered office tackle. Similarly, utilizing your home as your small business handle indicates which you could be discovered on-line.

A price for company registration, which you'll figure out by examining the levy desk offered around the Inland Revenue Department Internet site.

Each of such structures presents exclusive benefits and drawbacks, dependant upon the nature of your organization plans and private preferences. A perfectly-crafted business enterprise profile will let you make the ideal choice.

Should the title that you select for your organization is Chinese, you will end up permitted to work with English lettering for it, but not English words and phrases 

Every private restricted company in Hong Kong requires no less than a person “pure” director (someone that ordinarily resides in Hong Kong) and one particular company secretary. In addition, if there is only one director, then that 1 director can't even be the company secretary. The rest of it really is up on your discretion.³

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Hong Kong necessitates a minimum of a single director and 1 shareholder, without having constraints on their nationality or residency.

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An extra levy for the Safety of Wages on Insolvency Fund, a sum reaching possibly HK£a hundred and fifty or HK£450, dependant upon how many years the certificate is to stay legitimate, just one or 3 a long time.

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If you end up picking to operate multiple sole proprietorship in Hong Kong, each small business will probably be needed to have its distinctive small business name and its very own Business enterprise Registration Certificate.

On your Hong Kong company’s company checking account, think about selecting a prime banking choice. Especiallly if you propose to integrate with founded payment gateways like PayPal and Stripe.