Over the past decade, a noticeable trend that has caught the attention of several business-minded individuals is the creation of new businesses in Hong Kong, particularly by persons from other parts of the world. When you look at it, it does make sense seeing that China has the largest population in the world. This simply translates into more clients for their business operations, which eventually translates into more profit.
Just as in any other part of the world, you can’t just go to Hong Kong and open a shop and start selling without registering your business. For one thing, there are specific criteria one has to meet before you can establish a company. There are laws and guidelines that have to be adhered to, or else you may find yourself in prison for a long time or being sent back to your home country on the next flight out. Some things you have to consider when deciding to open a company in Hong Kong include whether or not you are going to incorporate a private or public company, know about shares as well as the share classes and class rights, choosing a name for your company, knowing the requirements for offshore company registration, the charges and fees involved in registering a company, and so on.
Other things that you need to consider when registering a company in Hong Kong are how you intend on preparing and maintaining accounting records, drafting the Articles of Association for your company, becoming familiar with Statutory Derivative Action and other legal jargon, obtaining a business registration certificate, and the various remedies that are available when company directors breach fiduciary duties. As you can see, there are a lot of legal matters that must be considered, something that can be quite overwhelming for someone setting up a company.
Seeing that it is definitely a requirement for you to register a company in Hong Kong in order to conduct business operations there, how can you go about doing that? There are two ways – either you do it yourself or you can do so online using https://www.onlinecompanyregister.com/. Based on the number of things that need to be done, your best bet would be to opt for the latter.
Just think about it. You would not be alone in getting your company set up. You would receive sound, ethical, and legal business advice that would serve as a guide for you every step of the way. Based on the type of company that you want to establish, the most profitable investment options would be provided to you. You will receive timely and helpful assistance in preparing and submitting the requisite application forms to get your business properly incorporated. Even the issue of obtaining the required visa and assistance in getting relocated to Hong Kong is dealt with for you.
One very important point that may blow you away is the fact that you can take one day to open a Hong Kong-based company online. I am quite sure that your interest is piqued even more now with that startling revelation.
Based on the information that was just provided to you, you now know why you need to register a company in Hong Kong and how to go about doing it. I am very confident that your business venture plans will be a lot smoother than you ever expected.