Operates being an extension of the foreign dad or mum company, not a individual lawful entity. The mother or father company is liable for debts and liabilities. Need to be registered with Hong Kong’s Providers Registry.

Be initial to find out about discount rates, marketplace information, Invites to Xero activities and also other handy messages from Xero

Even so, it really is your responsibility to keep up with all your money reporting. Commonly, your company secretary should really manage your reporting and tax notifications, and also communicate with you on this make any difference, depending upon the standard of assistance your company secretary gives.

With favourable tax regimes, a strategic place in Asia, as well as a remarkably proficient workforce, it is smart for businesses to setup a company in Hong Kong.

A personal limited company is often a separate legal entity – this allows the company to obtain property, go into credit card debt, enter into agreements, sue or be sued all inside the title in the company.

Found earlier mentioned MTR station and bus terminal, one of several well known district in Kowloon West for investing, Innovative and regular industries, this creates an one of a kind ambiance.

** Buyers can love totally free accounting support session over the company interval, but exclude the applying for offshore income exemption and associated tax organizing.

The decision irrespective of whether to open up a corporate bank account is solely with the discretion in the bank and can't be affected by 3E setup company hong kong Accounting. 3E Accounting will take no responsibility or any assert for reduction should the lender decline or hold off to open an bank account in your Hong Kong company.

When we gained your payment, We'll then e mail you many of the Hong Kong company registration documents for the signatures.

Having said that, department workplaces may possibly need to have to help you pinpoint assessable profits, sometimes bringing about discrepancies with tax authorities’ evaluations. Also, when a branch Place of work’s liabilities are right connected to its father or mother company, a subsidiary’s liabilities are confined for the subsidiary itself.

According to a discover via the Inland Profits Department, any organization proprietor applying for the incorporation of the restricted legal responsibility company or registration of a business (in accordance with the Corporations Ordinance Cap. 622) can be making use of for enterprise registration.

Officially, a company tax number is generally known as a company’s Exceptional Taxpayer Reference, or ‘UTR’. At times, it'll simply be termed a ‘tax number’ or ‘tax reference’.

You cannot employ any staff until eventually you create the subsidiary, which implies you could potentially shed certified candidates who don’t want to wait close to right up until the company kinds.

If you modify your Office environment tackle, make sure that you fill inside the NR1 Type and notify the connected authorities to avoid missing essential correspondences.