Let’s say you accidentally commenced business without having registering it with The federal government. If you don't implement inside of 1 thirty day period and you also are caught, you can be slapped having a intense penalty of HKD 5,000 and imprisonment for a person yr, According to the statement that is said under the Business Registration Ordinance.
There are various techniques to start a business. Not each one of these steps are going to be to suit your needs, but owners and authorities suggest you provide them with some imagined.
Over the off likelihood that you choose to neglect to apply for a business registration certificate in Hong Kong, it can be an offense that may cause major fines and prison terms.
This information informs you the data and expert services about licensing, registration and restrictions with regards to starting up a business.
*The duplicate of a sound BRC /branch registration certificate will also be viewed on screen and downloaded Anytime inside 2 months with the date of successful software.
New businesses that sign up after the beginning on the registration year will likely have their registration fees prorated, besides for people who qualify to the minimum amount registration charge for Plan A or Plan B and AOT Fee.
网上服务 (商务及贸易) 常用政府表格 (商务及贸易) 政府网站及人员 非本港居民 游览香港 在香港就业 在香港升学 入境事务 在香港生活 在香港营商
The government also sends reminders and notifications for your renewal of the BRC, which may be rather helpful.
To overseas qualify, file a Certification of Authority Using the condition. Quite a few states also need a Certification of Good Standing out of your condition of formation. Just about every point out charges a filing payment, but the amount differs by condition and business composition.
The BRC is a proper doc that features comprehensive specifics of a business and is also a compulsory prerequisite in Hong Kong for corporation registration, obtained just after registering your business with the Business Registration Workplace. The significance of obtaining a business registration certificate as Portion of profitable firm incorporation in the stipulated timeframe can't be overstated.
Let 360 be your reliable spouse in business development – Speak to us these days To find out more about our solutions and how we may help you accomplish your business goals.
Failure to file company accounts in time can result in undesired late submitting penalties. Late filing penalties were introduced to really encourage administrators to file their accounts and reviews by the due date as this info is needed for the general public history.
The business registration certification is often a important document issued through the Business company formations Registration Place of work in Hong Kong, supplying particulars of a company and serving as a Most important need for conducting business from the area. It has to be acquired within thirty days of commencing operations.
Gabi produces content that conjures up. She's expended her vocation composing powerful Web site duplicate, and now she specialises in product marketing duplicate.