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Cost-free trade – Hong Kong pursues a totally free trade plan and so maintains no barriers to trade. There is not any customs tariff on items that are imported or exported from Hong Kong. Also, import and export licensing are retained to some minimum amount. A lot of products usually do not have to have a license to enter or depart Hong Kong. Where by licenses or notifications are essential, they are intended to fulfill obligations beneath numerous Worldwide undertakings or submit an application for general public health, basic safety, or safety causes.
It is possible to choose the very same name as your mum or dad company, or you are able to select a special title. However, the subsidiary title really should be accepted by the businesses Registry. Other Hong Kong subsidiary specifications include things like:
Putting together a company in Hong Kong is comparatively straightforward and cheap — especially when when compared to opening a business in mainland China. In actual fact, it will take you as little as forty eight hours to put in place a company in Hong Kong.
Evidence of organization activities in Asia is important, commonly demonstrated by means of 6 months of monetary documents.
Trump's remote get the job done purchase has sparked discussion not merely in the US but in addition around the globe about its opportunity implications not only for public sector functions but will also for personal enterprises and world wide corporations Examine Additional
Service fees: EAs can only cost work seekers a commission capped at 10% in their to start with month’s wages. Overcharging can result in significant penalties.
** Clients can appreciate totally free accounting services consultation during the service period, but exclude the applying for offshore money exemption and linked tax setting up.
When starting a business in Hong Kong and thinking about the usage of an employment company (EA) to recruit staff, it’s vital to be familiar with the subsequent critical factors:
You have three choices when putting together a company in Hong Kong — you are able to build a representative Place of work, a branch Office environment, or possibly a registered subsidiary company. All 3 need that you've at the very least 1 copyright in Hong Kong to represent your company.
Leveraging community skills can provide a aggressive edge, ensuring your internet marketing campaigns resonate Together with the Hong Kong viewers.
The Small business Registration Business will problem the certificate upon registration. When received, it needs to be displayed in your enterprise premises for inspection by suitable authorities.
Hong Kong is An important organization hub in Asia and it is perfectly-connected to other important towns in the location. This makes it a pretty spot for businesses trying to develop into Asia. Putting together a company in Hong Kong will offer you access to a wide array of marketplaces in Asia and past.
If a business wishes to help make company information confidential, it can perform so by appointing nominees as the shareholder check these guys out and director, at which position it would be the nominees’ information that's designed public as an alternative to the de facto shareholders and administrators.