New Step by Step Map For HK business registration
New Step by Step Map For HK business registration
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Failure to renew your BRC on time may result in penalties, together with a penalty of HK£300 for late renewal. When the certificate expires right before renewal, there could possibly be additional penalties and court docket proceedings, and you may even be not able to carry on conducting business in Hong Kong.
The Ministry of Transportation has released car and bike registration physical exercises in Nimba, urging every support company to acquire a license plate.
We goal to evaluate all applications and also have them despatched to Organizations Household inside three Doing the job hours from the get being put.
We also make it easier to receive both a firm registration number in addition to a BRN in Hong Kong. Irrespective of whether you are a foreign business or a local little business, we assist with every thing from helping you end up picking a business title to controlling your bookkeeping.
Your items or products and services may have intellectual house. As a result, you ought to get the necessary techniques to exploit, protect and take care of mental house to be able to reap the most of business values arising from its ownership.
Micro-entities and tiny businesses are allowed to use an exemption so that there's no need for an audit on their own accounts. You'll be able to choose whether or not you want to send out a copy within your income and loss account and director’s report. You might have a less complicated stability sheet.
If you have a limited company, then it's important that you should business registration HK get ready your organization accounts considering that it is a legal need. Sad to say, this can be an daunting task to perform. The next is surely an outline of what you'll want to do.
If you're wanting to know what ARD usually means, this means the top of your financial calendar year. Your yearly accounts will be prepared to this identical date yearly.
We might also allow you to to renew your business registration certificate. It’s greatest to rent knowledgeable to prevent issues. Visit Startupr in the event you are searching for a responsible supply who will help you in the business registration system. Call us now!
The UKxHK organisations and Some others (some stated underneath) are below to offer help and support to asylum seekers, and advocate for advancement during the process.
Neglecting to Show your BRC could lead to penalties and fines, around HK£5,000. That's why, it’s not almost acquiring the business registration certificate, but additionally about effectively displaying it. But where And exactly how in case you Screen your BRC? Allow’s discover this down below.
If you're a little company or possibly a micro-entity, You'll be able to opt to get ready your own private accounts to your confined organization. It's not necessarily vital that an accountant file your accounts, nonetheless it is highly proposed.
Since the voice of our products and characteristics, Gabi tends to make advanced business finance and accounting topics uncomplicated to know. Her top rated priority is making certain that her text influence and encourage her audience.
Regardless of whether you’re a sole proprietor managing a small area shop or a multinational Company using a department in Hong Kong, the BRN is a must-have for the business operations and for the IRD to gather taxes.