In order to establish a limited liability company in Hong Kong, you will have to decide on the name of your new company. You will have to make a complete list of everything you want your company to do and to have done before you establish it in the jurisdiction. In short, your company would be known in the world as what you make it – simple, plain, uncomplicated, or complicated as you wish! Your choice should reflect your preferences and your company’s objective. If, for instance, you intend to offer services to the Chinese community in Hong Kong, your chosen name should be such that people will easily recall your firm’s name and what it does.
The next step in setting up a Hong Kong Limited Company is to choose its registered office. It is usual for the office to be located at the offices of the Companies House in the Commercial Register Office. However, you can also choose to locate the office anywhere within the territorial area of the company. The Companies House usually has an online search facility to help people find the address of the registered office of their company.
You will next have to consider the nature of your business and what type of Limited Liability Company you want to set up. Normally, most Hong Kong residents to register their businesses under the name of either their family name or their company name. If you are a new entrepreneur wanting to set up a limited company, it would be advisable to select the appropriate name as soon as possible. Once you get the desired name, you can continue with the rest of the set up 成立 香港 有限 公司.
After your company name and address are finalized, you will need to submit the application form to the Companies House. This is an online registration form that needs to be submitted on a prescribed date and in a prescribed manner. Most companies in Hong Kong require that all the necessary documents are submitted by the applicant at the designated time. These documents include the statutory authority of the company, the director and the members of the board of directors. All these documents are required for the set up of a limited company in Hong Kong.
The next step in the process of setting up a Hong Kong limited company is to register the name of the company. In this regard, you will need to obtain a certificate of Registration of the company. The Companies House will issue a registration certificate once all the formalities are over. Once all the formalities are over, the company’s name will become available for use in the business and trade. You can then proceed to issue a business number to your company. Business number is simply a nine-digit number given to the company to facilitate local trading.
The next step to set up a Hong Kong limited company is to issue a purchase order. The purchase order is a document issued by the Registrar of Companies. It is the company’s request to the Registered Office, that the registration of its business be made official. The registered office will give the company an application form to be submitted along with the statutory declaration if it is a corporation or a partnership.
Once all the formalities are through, the company will be able to set up its trade. It will do this by submitting the Articles of Association to the Registrar. All the necessary things that have to be done to establish the business are listed down in the Articles of Association. The company will be able to trade after it has been registered and it will have its own business number.
It is advisable that you deal with a company that has years of experience in the field. You should know that the more experience they have, the better their service is. You should also check their services and the fees that they charge. Some of them are easy to set up while some of them may need the assistance of consultants. These types of companies are highly recommended for those who want to establish a limited company in Hong Kong.
