What is an incorporation of a company? Once your company is successfully registered in Hong Kong, you can concentrate on the essential next steps to ensure your business operates smoothly https://www.usg.world/post/what-every-entrepreneur-must-know-before-setting-up-a-business-in-china-hong-kong-or-singapore One of the first tasks is to open a business account, and if you register your company with Osome, we provide assistance throughout this process to make it as seamless as possible https://www.usg.world/post/incorporate-in-china-the-process-of-incorporating-a-company-in-china Additionally, you should obtain any relevant permits and licenses necessary for your industry, which can be found on the government website https://www.usg.world/post/incorporation-in-china-licensing This ensures that your business complies with local regulations https://www.usg.world/compliance Finally, it’s important to set up your bookkeeping and accounting processes to manage your finances effectively https://www.usg.world/post/corporate-account-in-china-foreign-currency-restrictions-and-international-transfers-in-china Taking these steps will help you establish a strong foundation for your newly registered company and support its growth in the competitive Hong Kong market https://www.usg.world/blog An unlimited company is a less common option where the liability of shareholders is not limited, meaning they can be personally liable for the company's debts https://www.usg.world/post/corporate-account-in-china-foreign-currency-restrictions-and-international-transfers-in-china If the application is approved, download or collect the Certificate of Registration of Non-Hong Kong Company and the Business Registration Certificate Note (“the Certificates”). The Certificates will be issued in electronic form or hard copy form, depending on the mode of delivery of the applications https://www.usg.world/business-events-services The Certificates can normally be issued within 10 working days https://www.usg.world/partner-search-services Certificates in electronic form or hard copy form have the same legal effect https://www.usg.world/post/starting-business-with-china-taxation-and-vat https://www.usg.world/post/starting-business-with-china-other-taxes All Hong Kong companies are required to have a local company secretary https://www.usg.world/post/business-with-china-corporate-reporting They are responsible for liaising with the government if your company structure changes https://www.usg.world/business-events-services Learn more about our Corporate Secretary services https://www.usg.world/post/business-with-china-dividends-and-cfcs Once all required documents are prepared, registering a company in Hong Kong is typically a quick process, taking only about 3-4 business days https://www.usg.world/market-research-services During this time, we handle the application submission and coordinate with the Hong Kong Inland Revenue Department's Business Registration Office to secure your business registration certificate https://www.usg.world/post/corporate-account-in-china-foreign-currency-restrictions-and-international-transfers-in-china The timeline mainly depends on two factors: having all necessary documents ready and the working hours of the relevant authorities https://www.usg.world/business-events-services With our streamlined approach, we help ensure that everything is in order for a smooth, efficient registration process, minimising any delays so your business can be operational as soon as possible https://www.usg.world/post/how-to-open-an-office-in-china-and-register-a-legal-entity-with-united-suppliers-group-choosing-the
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