Detailed Notes on HK business registration

Failure to resume your BRC by the due date may result in penalties, which include a penalty of HK£three hundred for late renewal. In case the certificate expires just before renewal, there might be extra penalties and court proceedings, and you might even be unable to continue conducting business in Hong Kong.

A UK firm is effectively a authorized entity in its personal ideal which is fashioned by registration at Corporations Home England and Wales.

You might require unique govt licences, permits, certificates and approvals to start out your business operations in Hong Kong. You can check out the Business Licence Data Company to accumulate online the forms of licences you might want to function your business.

Moreover, to work inside the lawful framework in Hong Kong, a business requires both equally a business registration quantity in addition to a business registration range, emphasising the significance of the two these figures in business operations.

*The duplicate of a legitimate BRC /branch registration certification can also be viewed on screen and downloaded Anytime within two months from the date of prosperous software.

Other businesses should register Together with the Inland Earnings Department in a person thirty day period of business commencement. Check out the backlinks underneath with the businesses required to be registered, when and how to register, along with on the net software particulars.

Before making use of for almost any business licenses, it is essential to possess your company registered with the Companies Registry

Qualified copies or duplicates of legitimate BRC in respect of companies registered beneath the a single-quit organization and business registration services or changes of corporation particulars transmitted from the Companies Registry will normally be obtainable company formation Hong Kong for application two Doing work days following the date of incorporation and registration, or perhaps the day in the event the alterations were recorded, as the situation might be.

By way of example, businesses registered as a sole proprietorship or even a partnership ought to specifically use in a person month of commencement.

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The operational performance of a Hong Kong business is usually appreciably enhanced by aquiring a BRN. As a unique identifier, it facilitates easier recognition by govt departments and also other entities, optimising business functions.

Face to face – You must visit the Business Registration Place of work in your new certification In case your business deal with adjusted, Then you definitely have to file an IRC 3111A and report it to The federal government.

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