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Soon after receiving the incorporation certificate, an software ought to be created for the Nationwide Board of Earnings (NRB) to get a tax identification selection. On obtaining the appliance, a tax certificate will be issued underneath the identify on the company.
Along with it, One more advantage to setting up a company in Hong Kong is always that there’s no product sales tax or VAT (valued included taxes). You furthermore mght don’t have any withholding taxes on money gains or dividends.
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To protect your brand name, trademark its one of a kind name so nobody else can legally utilize it. (This differs to registering your business name at Organizations Household, which Read More Here doesn’t offer legal safety.) Here is extra info about trademarks.
12 What do I want to be able to open up a business banking account for the restricted legal responsibility company in Hong Kong?
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An LLC is not essential, but numerous compact business people choose to sort an LLC for personal legal responsibility protection. Acquiring an LLC also can assist you open lender accounts, enter into contracts, employ the service of employees, and obtain essential enterprise licenses and permits.
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The price of appointing a registered agent can range between HK$600 to HK$1200 for the First set up. The annually package deal may perhaps fluctuate depending on unique agents.
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