Monthly Archives: July 2018

Steps To Hong Kong Company Incorporation

When one is setting up a company at any given place there are steps that are always followed. They vary from one country to another. In some countries, it may take a long time while others need to take some hours for the registration process to be over. One may involve a consultancy firm that will provide the advice on how to go about the whole process. The consultancy firms involved should be ones that are well known to avoid falling into the hands of scammers. There is some fee that is charged in the process of registration that one needs to be aware of before getting involved in the incorporation process.

 

Hong Kong company incorporation involves two major steps for it to be complete. One does not have to travel all the way to Hong Kong so as to register a company while there. He or she can use a consultancy firm that will represent them. The two steps are documented submission and incorporation approval. This must take place for the process to be easier and done in the right way.

 

In the process of document submission, one is required to read and understand the rules and regulations when it comes to company registration and inland revenue department. The rules guide one to know the relevant documents that are compulsory when one is registering a company. After the documents are put in place they are then submitted to the business registry awaiting approval. The documents may include personal documents for people registering a company on their own or may include personal documents for all the parties that will be members of the company. All documents must be in place so that the process will go on. The documents can be submitted via email if the person registering the company is not in Hong Kong. If the person is in Hong Kong they can take the documents in person.  When the documents are submitted the process begins.

 

After documents submission what follows is incorporation approval. This may seem to be the longest process as it may take four to seven days. The process may take longer when a stakeholder may involved but will take less time when one follows a model that has read articles where they will not be amended. Amendment of laws in the process will delay the incorporation. After the approval is done the owner of the company receives a certificate of business incorporation and business registration certificate through the mail if he or she sent the documents via email or can go to collect them at the company registration office. This means the process will be a legal one that will be recognized by the government of Hong Kong.

 

In conclusion, the steps in Hong Kong incorporation needs to be understood so that one can know what is required. This makes the process to be very easier and saves on time while all the documents are in place. The approval process becomes easier after the documents have been verified.

Vertical Menu

Bookmarks