5 Essential Elements For business registration HK
5 Essential Elements For business registration HK
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Allow’s say you accidentally commenced business with out registering it with the government. If you do not implement within just one month and you simply are caught, you can be slapped having a serious penalty of HKD five,000 and imprisonment for 1 yr, as per the assertion which is mentioned beneath the Business Registration Ordinance.
As of January 1, 2024, many organizations in America will have to report information about their effective house owners – the individuals who in the long run have or control the corporation.
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公司注册、商业登记以及商标注册的作用各异，它们受不同的法例规管，并由不同的政府部门管理。你可透过此网页了解三者的分别。
The documents you will need — and what goes in them — will fluctuate dependant on your point out and business construction.
Jogging your personal business is incredibly worthwhile, but on the money yearend, issues can from time to time turn into nerve-racking and time-consuming, particularly when you are not a competent accountancy Specialist trying to compile a set of accounts.
The extent on the late filing penalty is dependent on how late the accounts are once they arrive at Firms Home.
For anyone who is questioning what ARD suggests, it means the tip of your fiscal calendar year. Your annual accounts will be ready to this same date on a yearly basis.
With effect from one March 2018, a new licensing routine for believe in or organization service suppliers has come into operation. Anyone who carries on or wishes to carry with a have confidence in or enterprise support business in Hong Kong is necessary to apply for a licence with the Registrar of Businesses.
In addition, in the event you apply for BR right after in excess of 1 calendar year, the Business Registration Business office will expect you to definitely distinct the cost for present recharging, all the charges for the years you have not long gone alongside, and any punishment That could be forced therein.
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The BRC isn’t a a single-and-finished deal. Normal renewal is important to take care of its validity. The business registration certificate must be renewed within just one particular to three decades soon after the organization continues to be incorporated, and it’s a good idea to resume the certificate at the least a person thirty day period right before its expiration day.
To improve defense of non-public data privateness, with impact from 1 November 2021, applicants for electronic extract of information of sole proprietorships or partnerships within the Business Sign-up are needed to deliver their particulars and to declare that: the knowledge acquired from the applying will only be utilized for pursuits associated with ascertaining whether the relevant business is registered beneath the Business Registration Ordinance (Cap. 310) along with the particulars of that business so registered; and
We are going to gather all the mandatory facts from you and call your past accountant on the behalf if relevant.