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Hong Kong’s Complete Guide to Business Registration Hong Kong is a prominent market for global investors and entrepreneurs, positioned near China and the Asia-Pacific area. With a pro-business administration, tax breaks for startups, a well-functioning judicial system, and cutting-edge tech infrastructure, it is considered to have the most free economy in the world. Establishing a business in Hong Kong is the first step towards realizing its potential. The statement advises reading on for additional details on the city’s business registration requirements. Understanding Hong Kong Business Registration The legal foundation for conducting business in the area is provided by the Companies Ordinance of Hong Kong. New registrations are handled by the business registration office, which is under the direction of the Inland Revenue Department (IRD). The text offers to provide further crucial details regarding the Hong Kong company registration procedure for both individuals and corporations. Directors A minimum of one director is required, and their nationality or place of residence are unrestricted. Furthermore, the maximum number of directors that may be selected is unlimited. Shareholders A limited liability company must have one shareholder at minimum and up to fifty at most in Hong Kong. There are no residency requirements for shareholders...
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CLIENT'S TESTIMONIALS
"We’ve used Prism for a variety of support services and they’ve always been top notch. Definitely recommend them if you need help as a start-up business that needs support getting all of your paperwork in order."
"I have been a client of Prism Consultancy for the past 5+ years. For the majority of that time I engaged in their accounting services. Most recently, I engaged Prism to assist me in processing an important visa application. For the record, I have processed probably at least 50 visa applications on my own through my line of business. I came to Prism because the nature of this application slightly different I needed some guidance. The team at Prism Consultancy were very professional and assured me that whatever additional supporting documents immigration were asking for were standard procedure. The team was very communicative throughout the process. I would recommend their service to anyone needing assistance with a visa application."
"Khan was amazing in the visa process. Applied for the Entrepreneurship visa. The team provided solid advice on what I needed to get this. I provided the documents and within a week the visa application was lodged. Khan was very responsive and worked with me to chase the Immigration department (Albeit delayed due to COVID and CNY). Would 100% recommend in sorting out your visa. Very knowledgeable and got approved without issues. Worth every $ to not have to deal with the hassle of application. Thanks again!"
"I'd like to express my deep gratitude to the wider PRISM Consultancy Team, including Khan, Bonnie, and Shamsa in Hong Kong for helping to execute on the PR (Permanent Residency) in a short timeframe, especially running up against the Chinese New Year holiday. The service was worth it hands down and I'll be sure to promote PRISM to anyone looking for these kinds of consultative services. A special shout out to Khan specifically for his determination, resilience, and speedy execution (and transparency along the way). It was truly impressive to see at a professional services firm. I'd recommend having a meeting with PRISM to learn more about any services they offer to learn more and explore possibilities!"
"Quick response and efficient service with Prism makes my continued business with Prism a pleasure!"
"Chris and Bonnie have been an absolute pleasure to work with. They clearly explained the application process, assisted in drafting necessary documents and were always available to address any questions or concerns. We couldn't have asked for better consultants."
"I am impressed with their efficiency and quality of work as well as their reasonable rates."
"Prism has a very professional team who are able to solve many of my issues regarding from company incorporation to accounting & taxation, from investment work visa to hiring employees with non-HK residency. Their experience in the Hong Kong company secretary field makes me believe that they are second to none."
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CONTACT US
DIY!HKCom (Prism Consultancy Co. Ltd.)
Suite 1404, Tung Wai Commercial Building,
Gloucester Road, Wanchai, Hong Kong
- Phone: +852 3464 5200
- Whatsapp: +852 6073 3208
- Skype: live:.cid.1096843f9857093
- Email: [email protected]
DIY!HKCom is under the management of Prism Consultancy Co. Ltd. Besides Company Incorporation, we also offer services in Hong Kong Immigration, company secretary (or virtual office), registered office addresses, accounting, Xero accounting software subscription, audit, annual tax filing, payroll, website development, SEO, video production, and more.
