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Subsequent, open up a company bank account to control your finances. Hong Kong presents an array of world and local banks that cater on the wants of overseas expats.
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The board of directors and shareholders might be of any nationality and reside everywhere globally. On the other hand, the company secretary must be a resident of Hong Kong. If a corporate entire body serves given that the secretary, it should have a registered Business office in Hong Kong.
Official copies of copyright, overseas household handle evidence – for non-resident shareholders and administrators
It can be a method to Learn the way Considerably cash you are spending on tax and in addition a way to enable lessen the tax liability throughout the use of allowances, deductions, exclusions, and exemptions. The Hong Kong tax process is different and unbiased in the taxation of mainland China.
Some banks enable the opening of a company account devoid of physical existence in Hong Kong, offered signed files are submitted at overseas branches. However, new accounts can't be opened entirely on-line due to Hong Kong’s anti-dollars laundering laws.
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We know that a reliable company stands on its graphic, as a result a Status tackle is essential to build up a trustful and honorable picture.
Compliance with regional rules and regulations is required but transparent, as well as the appointment of a local company secretary is needed. Selecting a registered tackle and making ready incorporation documents also are A part of the authorized process.
For registering a company in Hong Kong, one of many primary specifications and specifics for Hong Kong Firms is you would need to supply a neighborhood Hong Kong handle as the registered deal with of the company. Remember which the registered address cannot be a PO box and must be a Bodily handle.
Your Hong Kong subsidiary is fully impartial from the mum or dad company and should function below a special managerial framework that fits the local culture and organization procedures.
The appointment of the company secretary is required. The secretary may very well be a person or an organization. In equally instances, the secretary need to be formally located in Hong Kong. A specialist solutions company may perhaps supply a company secretary to the uses of your company in Hong Kong.
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