5 Essential Elements For hong kong company setup price

Establishing an offshore company can lend quite a few company several affordances with regards to privateness defense for shareholders and directors.

When you perform any action with no essential license or authorisation granted by a related authority in any jurisdiction, Starting Company won't be capable to assist you With all the company formation or bank account opening linked to this sort of unlicensed activity.

Annually Every company must pay back a business registration charge of approximately USD 350 that's owing by the 15th day of another month within the company’s day of incorporation. If payment just isn't built inside 3-4 months, penalties will use.

Getting a bank account has actually been having more difficult and more challenging. Even merely a yr or 2 ago we had an interview where by he reported it was easy.

a duplicate of a utility bill or bank assertion dated within the final sixty days exhibiting their title and home handle.

(six) Our incorporation packages incorporate the preparation of the “Sort NAR1 – Annual Return” thanks for submitting at the Companies Registry no later on than 42 times after the anniversary in the incorporation date.

Hong Kong firms could possibly have limitless number of bank accounts throughout the world. Contrary to most offshore businesses, Hong Kong businesses are seldom turned down when implementing into a bank to open a bank account

A card might be joined directly to the company’s bank account and will bear the title from the company, or no title hong kong company formation fee in any respect.

The complex section is when you want to open bank accounts with non-Hong Kong Limited providers. But For anyone who is opening a Hong Kong company devoid of the initial company documents, you have got to have these copies Accredited as reliable.

They stated to ensure that me to get a bank card, I needed to provide them with a safety deposit of ten,000HKD to obtain a credit line of 10,000HKD. So no danger for them if I don’t shell out my charges, they'd only use my security deposit.

The most popular route to incorporating an offshore company in Hong Kong is by selecting a professional services firm due to the benefits underneath:

And you’ll have to have a Hong Kong Business deal with (service provider) if you don’t have a person, or want The federal government mail to immediately go to the CPA business you're employed with.

My 2nd bank card was for my next small business Social Agent, and that was in 2013. It were in operation for under six months and perhaps this is why they requested a protection deposit.

Provision of the dedicated telephone quantity for the company with telephone answering and information having service for one year (the callers message will be forwarded to you personally by e mail).

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