No matter your business style, you will need to start off the BRC application process within just 30 times of launching your Hong Kong firm. Whilst all businesses are needed to use within this timeframe, the timing may well differ a little bit for specified kinds of businesses.

As of January one, 2024, lots of businesses in The us must report information regarding their useful house owners – the individuals who eventually possess or Handle the business.

With impact from one March 2018, a fresh licensing regime for belief or company services providers has come into Procedure. Any person who carries on or needs to hold on the have confidence in or organization services business in Hong Kong is needed to apply for a licence through the Registrar of Businesses.

Moreover, to function in the lawful framework in Hong Kong, a business requirements both equally a company registration selection as well as a business registration selection, emphasising the importance of each these numbers in business operations.

On Monday, September 9, the registration for bikes was enforced, leading to the packing of motorcycles and forcing them to generally be obtained by all indicates.

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Supply of yearly return by a public corporation or possibly a assure enterprise in regard of the organization’s financial 12 months that starts on or following 3 March 2014 ought to comply with the new requirements underneath the new Organizations Ordinance (Cap.

The new Corporations Ordinance simplifies the mode of execution of documents by firms. The holding and use of frequent seal is currently optional.

In order to trademark your business, manufacturer or item title, file with the U.s. Patent and Trademark office after you’ve fashioned your business.

The Companies Registry is conducting a Customer support Study to gather opinions from buyers and assistance us realize your preferences and enhance our companies. We would want to invite you to complete the survey kind on line in the website link underneath:

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Guaranteeing your business registration certificate is renewed punctually is vital to preventing disruptions as part of your business routines. The BRC must be renewed every year, and also the renewal has to be carried out no later on than 1 thirty day period ahead of the expiration date.

As the voice of our goods and attributes, Gabi tends to make complicated business finance and accounting matters effortless to grasp. Her prime priority is ensuring that her words impact and encourage her visitors.

But its function doesn’t end there — the Business Registration Number is utilized for submitting annual returns. Area firms must submit an once-a-year registration payment within just forty two times right after the most up-to-date anniversary, whilst community providers need to do this within 42 times just after the organization’s return.