5 Easy Facts About business registration HK Described

5 Easy Facts About business registration HK Described

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Enable’s say you unintentionally commenced business without registering it with the government. If you do not implement within a person thirty day period so you are caught, you may be slapped which has a significant penalty of HKD 5,000 and imprisonment for a single calendar year, According to the statement that may be mentioned underneath the Business Registration Ordinance.

Commencing a whole new venture might be equally thrilling and difficult, that’s why 360 Corporation Formations is listed here to simplify the company formation course of action in your case. With several years of practical experience inside the sector we provide in depth methods personalized to your preferences.

Engaging in business activities in Hong Kong without the requisite licenses is taken into account illegal and could bring about repercussions which include fines and imprisonment

There are lots of strategies to start out a business. Not every one of these measures might be for you, but owners and specialists advise you give them some considered.

*The copy of a sound BRC /department registration certificate may also be viewed on screen and downloaded at any time within two months within the day of profitable application.

Now that you've finished all the necessary levels of registering your business. This doc have to be shown proudly in the business address or department the place your business is completed. Even though the business registration certificate was issued to you personally electronically or on the web, you would want to print it out and display it during the Office environment.

It’s extra than just a bit of paper; it really is your business’s Tax Identification Amount (TIN), which needs to be shown within your Business office and evidence of your company incorporation. Moreover, by making sure that your business complies with the businesses Ordinance, the business registration certification process contributes noticeably to economic progress in Hong Kong.

Acquiring a BRN in Hong Kong is a straightforward procedure. Companies can submit an application for a business registration selection on the net from the Formal government Web page, which provides a easy and successful technique for businesses to receive their one of a company formation made simple kind identification selection.

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Handle your internet site like a web based Variation of a storefront. It’s the very first impact for many purchasers and prospects.

Businesses can optimise the whole process of paying out tax and amassing refunds with the utilisation in their business registration quantity.

The rules for exhibiting your BRC are very easy. It has to be prominently displayed at the handle where by your business is positioned. What this means is it should be in a place that’s obvious and available.

你可透过此项免费查询服务，输入你拟查询的公司名称和地区，便可即时搜寻其商业登记号码。

If you are below a single month late in filing, Then you definitely will incur a high-quality of £a hundred and fifty. Late filing penalties improve with time. As an example, Should you be a lot more than 6 months late in submitting, Then you certainly will incur a penalty from the sum of £1,500.