You need to notify the Hong Kong Company Registry by submitting Kind NR1. It is an offense Should the company fails to notify The federal government in time. Each individual accountable man or woman with the company might be accountable for a late charge of $1000 on a daily basis.

Remember to Take note this list just isn't exhaustive, and extra files may be requested through the financial institution all through their compliance Check out. All documents offered have to be in English or Chinese for Hong Kong banking companies.

In that scenario, you should entire and post the shape IRBR177 or post an appointment letter stating the complete particulars on the agent which include his/her title, Hong Kong identification card quantity and residential deal with. A duplicate of his/her Hong Kong identity card need to also be connected to the appliance.

Meet Residency Prerequisite: Firms have to have a local registered address and also a company secretary who is a resident of Hong Kong so that you can comply with the guidelines.

In Hong Kong, it is necessary that a company has at the very least a single individual director and a company secretary. The person director will be able to also function the company secretary, but there is a selected residency prerequisite for this role. Based on Hong Kong regulations, a minimum of one director should be a all-natural person as well as their residency is usually from any place, not simply Hong Kong.

Similarly important, a business’ registered identify cannot be the same as a pre-existing title while in the Registrar’s Index of Company names.

Conducting an intensive name look for and thinking of important aspects when brainstorming identify Thoughts is very important. Make sure the name is first and isn't going to infringe on mental assets rights.

Appoint a Company Secretary: Every company will have to appoint a company secretary responsible for making sure compliance with restrictions, keeping statutory publications and records, and facilitating company formations 247 company research.

The selected agent performs a crucial purpose in ensuring compliance Along with the fairly new regulation on designated consultant and SCR, which arrived into impact in 2018. By aquiring a designated agent, the company can be certain that this statutory requirement is fulfilled by specialists.

Shipping of yearly return by a community company or maybe a assure company in respect on the company’s economical year that starts on or just after 3 March 2014 have to adjust to the new demands underneath the new Providers Ordinance (Cap.

The EnterpriseLEI System centralises your entire organisations LEIs, lowers charges and opens the opportunity to use LEIs for KYC and consumer onboarding so you can have a far more managed LEI. 

You may additionally change the textual content measurement from your menu. Pick from the following Website browsers for precise Guidelines:

File Annual Return: Submit the company's annual return, together with facts of shareholders, directors, and company secretary, to the businesses Registry in accordance with Hong Kong rules inside of forty two times after the anniversary with the date of the company's incorporation in that 12 months.

Agent Business office: This type of enterprise simply cannot engage in income-making things to do, but is ideal for enterprises seeking into enlargement to Hong Kong who are also exploring prior to making a bigger investment.