HK business registration - An Overview

Failure to resume your BRC by the due date may result in penalties, which include a penalty of HK£three hundred for late renewal. In case the certificate expires just before renewal, there could possibly be added penalties and courtroom proceedings, and you could even be unable to carry on conducting business in Hong Kong.

Being an employer you have specific statutory obligations and obligations towards your workers. Study the various labour legislation for comprehensive info on employment defense and benefits for employees, including problems of work, workforce’ payment, occupational protection and health, etc.

There are no exceptions to the kinds of businesses that have to have a BRC through the business registration office along with the Inland Revenue Division.

Furthermore, to function in the lawful framework in Hong Kong, a business needs each a business registration range and a business registration amount, emphasising the importance of both of those these quantities in business functions.

These obligations consist of the timely disclosure and reporting of specified information regarding the corporate, its officers and shareholders, etc. and any modifications in these kinds of information and facts to the Registrar of Businesses. Each and every officer of a firm has the responsibility in order that the business has complied with these provisions.

Businesses should make an application for a BRC in just 30 days of commencing functions, Exhibit it prominently at their place of business, and renew it routinely to stay away from penalties and make sure ongoing compliance.

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To generate this process of business incorporation a breeze, make sure you have all important paperwork Prepared for submission, like:

When you integrate your business, your business is immediately registered with the government. You might start out running your business upon prosperous registration of the corporation. You register for any Business Registration Certificate while you are ready to do business in Hong Kong or the rest of Asia.

公司注册处的电子服务网站是一个单一网上综合平台，提供公司注册处的各项电子服务。

It is rather simple and uncomplicated to do a business Look at on an LLP or any UK firm. Prior to deciding to’re able to run a business, it's important to register at Firms Home Aside from submitting some company formation agents information and facts with regard to its finances and operations.

For the reason that Business Sign-up would not contain info on businesses that have ceased for a decade or maybe more, or new businesses for which the registration system hasn't still been concluded, you should will not submit an application for the extract of data on these businesses.

a full record with the amendments in respect of changes with the particulars set out in the first software or the Application Facts Sheet, and also other adjustments notified by the business operator or transmitted from the businesses Registry.