Detailed Notes on HK business registration
Detailed Notes on HK business registration
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When you've got a constrained business, then it is vital that you need to put together your company accounts considering the fact that that is a legal prerequisite. Unfortunately, this can be an overwhelming job to perform. The subsequent is an define of what you must do.
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Failing to take action may lead to troubles down the road and may disrupt your functions. The Inland Profits Section will not compromise around the legitimacy of businesses below their view and the consequences are dire for those who are noncompliant with the Companies Ordinance.
The everyday expense of utilising a business registration services in Hong Kong is HK$2,one hundred fifty, and additional fees for late renewal of your respective business registration certification or other services might be incorporated.
We do not disguise expenses or up our subscription products and services after a yr. The cost marketed is the price you pay out.
Need to have some advice on what to do immediately after incorporation your business? Or want to understand the incorporation far better? Read through our web site posts!
Even so, it’s a great apply to established a private calendar reminder every single 12 months to prevent lacking the deadline.
Additionally, With all the implementation of the Earning Tax Electronic laws in 2023, it is far more important that you just preserve specific digital records within your transactions. You should be able to comply with the law if you have our support.
Sometimes, you don’t ought to sign-up in any respect. For those who conduct business as yourself utilizing your lawful identify, you gained’t must sign-up any where. But don't forget, for those who don’t sign up your business, you can overlook out on particular legal responsibility protection, authorized Added benefits, and tax Advantages.
Neglecting to Exhibit your BRC could lead to penalties and fines, just as much as HK$5,000. As a result, it’s not almost obtaining the business registration certificate, but also about appropriately displaying it. But the place and how in case you Show your BRC? Permit’s discover this underneath.
Micro-entities and compact businesses are permitted to use an exemption so that there is no want for an audit on their accounts. You can decide whether or not you want to mail a replica of the earnings and loss account and director’s report. You might have a less complicated stability sheet.
你可透过此项免费查询服务，输入你拟查询的公司名称和地区，便可即时搜寻其商业登记号码。
The renewal of the business registration certificate can be achieved either company formation with bank account nose to nose or by submit as follows: