The
first step while preparing for Hong Kong company registration is to contact an
incorporation service agency which is based in Hong Kong itself. This is a
compulsion by the recent laws framed, where foreigners cannot
register their companies by themselves. They need to hire the services of
a local agency that will represent the foreign company. The incorporation
service provider will help the foreign business owner to fulfill all
requirements necessary for company registration.
Company formation HK need to certain documents during
registration. This includes
·
Memorandum
and Articles of Association (MAA)
· Particulars
of the company’s shareholder and director and proof of a registered business
address in Hong Kong.
· The
MAA can be obtained from the incorporation service agency where many standard
MAA documents available.
· For
directors and shareholders particulars, companies can give utility bills;
government recognized document, or passport copies that show proof of identity
and address.
· Incorporation
agency can also arrange for the proof of registered business concern if
required. However, if the foreign owner has already narrowed down on a business
address in Hong Kong, he can use this address if they wish.
By
filing the above documents and meeting the structural rules, foreign owners can
conveniently start a business in Hong Kong. Immediately after the certificate
of incorporation has been received, the foreign owner should visit the Inland
Revenue Department in Hong Kong and get a business registration
certificate. This marks the completion of the entire company incorporation
procedure. The owner now has to open a corporate bank account and apply for
business licenses if required.
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