Hong Kong companies make two gains tax payments in the course of the tax 12 months. The first payment is made up of 75% from the provisional tax for the current year furthermore 100% of the final payment for that previous year.
Putting together a Hong Kong company is the center of carrying out organization in Hong Kong and the basis of receiving up and running.
This is often an introduction which has a third party supplier for the issuance of a corporate prepaid card. That is subject to the acceptance by the card supplier.
Submit an application for Business Licenses (if essential): If you intend to perform business enterprise operations in Hong Kong and when your small business exercise calls for a company license, it's essential to get hold of the identical, prior to commencing business enterprise operations.
Complimentary assist with opening your bank account such as steering on the appropriate decision of bank to your company and advice within the account opening prerequisites.
A minimum of one shareholder is needed, which may be someone or even a corporate human body. Specifics with the shareholders needs to be filed and look on the public file, but anonymity can be preserved by using nominee shareholders. SHARE Money
Hong Kong providers could possibly have limitless quantity of bank accounts worldwide. As opposed to most offshore businesses, Hong Kong providers are hardly ever rejected when applying to a bank to open a bank account
A Hong Kong company ought to retain accounting information, which may be retained in the registered Office environment deal with or in other places on the discretion of the directors. Each individual company need to appoint an auditor who have to be a member in the HKIPA and maintain a training certificate.
Portion of the yearly routine maintenance of a limited company incorporated in Hong Kong is to arrange an Auditor’s Report and file a revenue tax return. They're the 2 most crucial goods in your limited company because they will ascertain simply how much profit tax you happen to be required to fork out, if any.
The most fitted variety of company for finishing up Global trade will be the personal company minimal by shares. The regulating legislation is the Companies Ordinance, 2014.
You may additionally will need a business program; information of the management employees and monetary studies and also almost every other document the bank sees fit to ask for.
You then have the choice to print your application and deliver it to us or simply spend right with your credit cards or Paypal so we are able to get started the method as quickly as possible.
This sort of an account gives standard characteristics for instance building deposits, withdrawing hard cash and getting and carrying out payments like immediate debits and card buys. Locating a bank that gives an overdraft or credit score facility is a superb plus.
While there isn't any prerequisite to file accounts with the Companies Registry, You will find a need hong kong company incorporation price to file accounts Together with the tax authorities. An annual return is required to generally be filed to the Companies Registry inside of 42 days once the date of anniversary of incorporation, and after that annually thereafter. The federal government filing cost is HK$a hundred and five.