Fri, Apr 17th 2015, 07:21
When you think of expanding your business processes to other countries, the best option is always Hong Kong.
When you think of expanding your business processes to other countries, the best option is always Hong Kong. The country is just meant for doing business. The kind of environment that Hong Kong has for its offshore investors and entrepreneurs is way ahead of various other countries. Not only does the country has a business-friendly environment, it also has opportunities that can turn your small entity into a large, profit generating source in the smallest time. Therefore, before wasting any more of that valuable time, register your company in Hong Kong and get a part in the big game. Here is the step-by-step registration process of business in Hong Kong.
Step 1: Incorporation of the company
The first step is about the incorporation about the company. This is the part where you take care of all the necessities such as creating a bank account, applying for the registration, and other aspects vital to Hong Kong company incorporation. Also, you have to select whether you are going to form a limited liability company or a guarantee limited company.
Step2: Register your company
To ensure that your company is in congruence with the laws of Hong Kong, it needs to have one director and a shareholder both of whose nationality is not a criterion. Your company also requires a company secretary who should be a resident of Hong Kong. Other than that, no capital investment is required and you need to issue only 1 share in order to commence operations.
The application that is duly filled needs to be submitter at the Hong Kong Company Registry office where it will be received for further processing. You can also register company online. You will also be receiving an email notification as an official confirmation for the submission of the application.
Step 3: Business Consulting
A company registry search could give you the list of the incorporate companies and other details, but the real help will come from the business consultants. Their services are extremely helpful and beneficial for foreigners who are starting a business in this Asian nation. Although business registration is an easy task in Hong Kong, there are various other tasks that you might not be able to manage alone.
Step 4: Getting Started
You receive all the legal certificates and proofs that validate the establishment of your business. Thus, you can start your business operations in full scale. However, make sure you are duly responding to all those annual obligations at various respective departments.
If you are interested in making your business grow double its size in the least possible time, the market you need to explore is Hong Kong. The country stands second in the list of world’s most competitive economy. Hong Kong is one of the best business centers of Asia and having a branch for your business over there is a big thing. Just hire the best business consultants in the area and they will take care of everything to get your business come to life.
Step-by-Step company registration process in Hong Kong reviews
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