HK business registration Secrets
HK business registration Secrets
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Failure to file company accounts in time may result in undesirable late filing penalties. Late filing penalties have been released to motivate administrators to file their accounts and stories by the due date as this info is needed for the public file.
As an employer you have got specific statutory obligations and duties towards your workers. Read through the various labour laws for detailed info on employment security and Advantages for workers, together with ailments of employment, staff’ compensation, occupational safety and health, and so on.
Participating in business things to do in Hong Kong with no requisite licenses is taken into account illegal and will lead to repercussions including fines and imprisonment
The state in which you type your business will take into consideration your business to get domestic, whilst every other point out will watch your business as international. Foreign qualification notifies the condition that a foreign business is Energetic there.
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New businesses that register immediately after the start from the registration calendar year should have their registration fees prorated, except for people who qualify for the bare minimum registration payment for Program A or Timetable B and AOT Price.
I've applied In excess of Accountants for over5 decades now. They can be often practical and approachable. All set to help with difficulties and solve issues. Because of Danny and Jamie for support and information.
Punishments aren't by any usually means, the only potential risks that accompany resistance. Your business will most likely believe that It truly is difficult to history assessment types, which could even imply a more regarding challenge with IRD.
If you would like trademark your business, brand or product or service name, file Along with the United states of america Patent and Trademark Business once you’ve fashioned your business.
Pursuing a particular structure composed of 8 digits with no special figures or prefixes, the Hong Kong BRN is unique For each business — nearby providers and international kinds.
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Would you have to have aid with your year-finish accounts? We are able to care for distributing your yr-conclude accounts to HMRC and corporations Residence on the behalf. It is actually required for limited providers to post these accounts, and failing to take action can lead to significant fines Should the business is not in compliance Using the regulation.
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We are going to gather all the mandatory info from you company formations online and make contact with your earlier accountant on your own behalf if applicable.