Sure, provided that they're not the only director or shareholder and they are a Hong Kong resident concurrently.
A foreigner is eligible for 100% possession rights of the company incorporated and based in Hong Kong. The legislation will not impose neighborhood residency demands, meaning that the sole director may be any non-Hongkonger without having to have ties or citizenship in this article; A different included advantage with this kind of small business construction? No Bodily handle is necessary!
It is necessary that the auditor must be a member with the Hong Kong Culture of Accountants and must maintain a working towards certification;
To get a trade license an software really should be produced for the worried metropolis corporation. As well as the appliance, the next information ought to be submitted:
With expansion in parts like electronic payments, blockchain technology, and insurtech, Hong Kong has already earned itself the title of a world fintech huge. Even the HKMA has begun issuing licences to Digital banking institutions.
For anyone who is situated in Hong Kong and/or your company will work working with recruitment and work, journey and party-associated pursuits, restaurant, retail, and education and learning you have got to look for a further license.
This information aims to simplify the procedure. We're going to offer a phase-by-action roadmap that can assist you efficiently build your company existence With this Professional-enterprise town.
Once-a-year summary of share cash, list of shareholders and Directors (needed to be crammed within just 21days of AGM)
Just after acquiring all the necessary documents and information, RJSC will crank out an Bill to be paid out to your acknowledged financial institution.
The check it out first step in direction of Hong Kong offshore company formation is finding a business advisor like Business enterprise Setup Around the world. A business advisor are going to be with you every action of how and tutorial you thru The whole thing of your lawful approach.
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For purchasers of Remote, all worker payments are going to be manufactured in equal regular installments on or ahead of the previous Operating working day of each and every calendar thirty day period, payable in arrears.
As among the list of freest economies, Hong Kong accepts Pretty much all lawful enterprise types. The pliability extends to money transfer and currency exchange, enabling for seamless transactions throughout all small business kinds.
There isn't a residency requirement so that you can turn into a director but a Hong Kong Place of work tackle is necessary.