Indicators on HK business registration You Should Know

To reinforce protection of non-public knowledge privacy, with effect from one November 2021, applicants for Licensed extracts of knowledge of sole proprietorships or partnerships about the Business Sign up are necessary to provide their particulars also to declare that: the data acquired from that software will only be employed for routines referring to ascertaining if the applicable business is registered under the Business Registration Ordinance (Cap. 310) plus the particulars of that business so registered; and

The Ministry of Transport has launched vehicle and motorbike registration physical exercises in Nimba, urging each company supplier to obtain a license plate.

In reality, the business registration quantity is frequently a need for opening an account in Hong Kong. By presenting the BRN and also other essential files, businesses can build an account without the need of requiring administrators, shareholders, and signatories being physically current.

John and Kelly’s state also involves that they supply files to the tax board soon right after registering (not all states have this prerequisite).

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Sign up your business Sign up your business to really make it a distinct legal entity. How and where you need to sign up relies on your business composition and business spot. Articles

 The deadline to file a firm tax return is twelve months following the conclusion with the accounting interval. All over again, if it's not submitted punctually, penalties for late submitting might be incurred.

The BRN is for tax-related uses, although the CRN is used in lawful documents and government data.

GovHK’s Taxes portion directs you to sources of specific information about income tax, tax obligations of business operators and businesses.

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The BRC isn’t a a person-and-done offer. Frequent renewal is essential to take care of its validity. The business registration certification really should be renewed in just just one to a few yrs immediately after the corporate has actually been integrated, and it’s a good idea to renew the certificate at least one thirty day period in advance of its expiration date.

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