Detailed Notes on HK business registration
Detailed Notes on HK business registration
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To boost security of non-public knowledge privateness, with influence from one November 2021, applicants for Qualified extracts of data of sole proprietorships or partnerships on the Business Register are necessary to provide their particulars and to declare that: the data acquired from that software will only be useful for pursuits associated with ascertaining whether the applicable business is registered beneath the Business Registration Ordinance (Cap. 310) as well as the particulars of that business so registered; and
We are going to acquire all the mandatory details from you and phone your earlier accountant with your behalf if relevant.
To the off probability that you choose to neglect to make an application for a business registration certification in Hong Kong, it is an offense which could lead to major fines and prison phrases.
The BRN streamlines operations, facilitates economical transactions, assists in opening lender accounts, and assures tax compliance, Therefore serving as A necessary Device for business performance and progress.
Usually, the full Value to register your business will be below $300, but service fees range dependant upon your point out and business structure.
Micro-entities and smaller businesses are permitted to use an exemption so that there is no need for an audit on their accounts. You can determine no matter whether you would like to mail a copy within your income and reduction account and director’s report. You could have an easier equilibrium sheet.
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Certified copies or duplicates of legitimate BRC in respect of companies registered underneath the one particular-quit enterprise and business registration assistance or alterations of business particulars transmitted from the businesses Registry will Typically be available for software 2 Performing days once the date of incorporation and registration, or maybe the date in the event the alterations were recorded, as the situation may be.
We could also allow you to to resume your business registration certificate. It’s very best to rent knowledgeable to stop problems. Pay a visit to Startupr in case you are searching for a responsible supply who can assist you within the business registration process. Get in touch with us now!
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Businesses can optimise the whole process of having to pay tax and accumulating refunds through the utilisation of their business registration selection.
Put simply, your to start with firm accounts should be submitted inside 21 months with the date of incorporation. This deadline is about by Businesses Household.
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We'll obtain all the required information and facts from you and call your prior accountant on your own behalf if applicable.