The new Firms Ordinance simplifies the method of execution of paperwork by corporations. The holding and use of common seal is currently optional.

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Some distinct merchandise for import and export require additional registration. Please reference the web site on the Trade and Business Division for more facts. It's possible you'll discover added information and facts connected with the licensing of other businesses, like those outside of imports and exports, in this article. ⁶

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You could enhance the share cash and allot new shares to new shareholders Down the road Other than allotting new shares, you can also transfer your shares or possession to other parties.

The Certificates are going to be issued in electronic sort or difficult copy sort, depending upon the manner of shipping on the programs. Certificates in electronic variety or tricky duplicate kind possess the exact same legal outcome.

Furthermore, there are several significant points to notice company formations when you choose the title of your company. Initially, the name ought to not be the same as a reputation showing up while in the Registrar index. You are able to Get hold of a company formation agent for verification. Title look for outcome can ordinarily be obtainable as speedy as 15 minutes. 2nd, using the name ought to not be offensive or contrary to public fascination.

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Ways to open a business checking account in HK: Your guide listed here Being an entrepreneur or business owner, you may have to secure a nearby organization checking account, and This information will manual you through the many ways on this process.

After you have submitted the suitable documentation, it must typically consider one day to generally be issued with your small business registration certificate.

is usually to checklist out the “source of profits” with your program, such as, although not limited to initial cash in creating the company, funds for routine maintenance and growth.

Remember to Be aware:- Substantially larger registration costs are payable for late shipping and delivery of yearly returns.

Additionally, there have to be at least a single director that is a natural individual, While they don't need to be a resident. It is necessary to notice that when there is just one director, they cannot also serve as the company secretary.