Some counties and metropolitan areas also require you to definitely sign-up your DBA — a trade identify or simply a fictitious identify — if you utilize a person.
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There are actually selected exceptions wherein you do not require a business registration certificate. For anyone who is an individual utilized by a company in Hong Kong, you are not expected to have a BRC.
The standard price of utilising a business registration company in Hong Kong is HK£2,150, and additional expenses for late renewal of the business registration certificate or other companies can be bundled.
1 rationale why it is crucial to Exhibit the BRC all the time is because Anytime a HK authorities administrative officer can appear by for an Formal inspection. If the BRC is just not exhibited on the office, you can be slapped Using the aforementioned fines (and more). It's essential to Be sure to have this.
The level from the late submitting penalty is dependent upon how late the accounts are once they achieve Organizations Residence.
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For illustration, businesses registered like a sole proprietorship or even a partnership have to particularly use inside 1 thirty day period of commencement.
The U.K. and Hong Kong Have a very romantic relationship spanning around one hundred eighty a long time, and in 2021, a new leaf is turned with the new British isles BN(O) visa route designed available to HongKongers who are suitable British nationals.
Remember, the renewal frequency For added business licenses, including the business registration certification, in Hong Kong varies based on the precise license, so constantly make company formation login reference to The federal government website to understand the renewal demands for each license.
We manual you through incorporation, suggest you on an improved set up and support with licences if needed. We also provide our help over and above corporation registration as A part of our subscription expert services.
Aside from, the prescribed software forms for all sorts of business are slightly amended and their new varieties happen to be set into use given that 21 February 2011. Please seek advice from the following merchandise of your Business Registration for further more information and facts -
To get certified extracts of knowledge of the business or any one of its branches within the Business Register, you are able to implement via GovHK () and pay back the prescribed payment.