5 Easy Facts About HK business registration Described

5 Easy Facts About HK business registration Described

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There isn't any exceptions to the categories of businesses that need a BRC through the business registration Business office as well as Inland Earnings Section.

This text lets you know the data and services about licensing, registration and polices regarding starting a business.

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To acquire a BRC, you need to entire an internet application on The federal government’s Internet site or business registration Business office and pay the business registration fee. Do not forget that the business registration certificate is over a mere formality; it’s a legal prerequisite in Hong Kong and vital with the Inland Revenue Division.

Once you have acquired your BRN from your Business Registration Business office, verifying it for several uses may possibly turn out to be essential. The verification process can be carried out on-line using the eTAX company provided to the Hong Kong government Web site.

Should you have presently produced a licence application, you can also make use in the Licence Application Tracking Facility to examine the applying position on the internet.

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The BRC is a proper doc that features comprehensive information of a business and is also a compulsory necessity in Hong Kong for enterprise registration, acquired following registering your business Along with the Business Registration Office environment. The importance company formation fees of getting a business registration certificate as Portion of prosperous company incorporation throughout the stipulated timeframe cannot be overstated.

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Would you call for guidance with your year-finish accounts? We are able to deal with distributing your 12 months-conclude accounts to HMRC and firms Household on your own behalf. It can be required for confined providers to post these accounts, and failing to take action may lead to major fines If your business will not be in compliance While using the regulation.

Ensuring the scalability and security in the business community, significantly in relation to tax compliance

Initiatives to talk to any on the Ministry of Transport agents carrying within the training did not materialize, as some even refused to contact their names, indicating they were not clothed Along with the authority to talk.