Learn the Basic HK Business Structure
The type of business you are launching is the most important thing to consider when you start your Hong Kong business registration. It will aid you in complying with tax requirements and developing business strategy. The four company structures accessible in Hong Kong are a Limited Liability Company, a Sole Proprietorship, a Partnership, and a Foreign Company Office.
The Limited Liability Company is the most common business structure in Hong Kong. This type of company is less risky because it protects its assets from threats and obligations.
Creating Your Image in HK
Understanding the type of business you want to start in Hong Kong will enable you to focus on the numerous factors that affect the company's growth. You must choose a company name that best represents your business in the region; it can be in Chinese, English, or both, as long as it is not currently in use by another business. To protect yourself from any business risks and obligations, make sure you register it with the relevant government body.
Finance Your Business Venture
After you've successfully established your company, it's time to open a business bank account to meet its needs. Bring all supporting documents with you, including audited financial statements, business plans, contracts or agreements, and invoices, as well as your company's formation documentation and a certified true copy of your Business Registration Certificate.
