Shareholders: The dad or mum company can hold a hundred% of the shares, or any combination of two foreign nationals may be shareholders. It is not required to own an Indian resident as a shareholder.
A branch office in overseas countries may be build by appointing an area consultant as being a proxy agent of the interest in the nation.
When subsequent the incorporation procedure, many roles have to be appointed, together with a director, a secretary and also a designated consultant. It's essential to also find a novel company title, sign up a Actual physical handle and possess not less than a single shareholder.
We guidebook you through incorporation, recommend you on a much better set up and help with licences if needed. We also present our help further than company registration as Section of our subscription companies.
Contrary on the company title, it's not a clerical position but functions to be a sort of gatekeeper, taking part in an advanced part during the company’s lawful routine maintenance. You can not total incorporation with out a company secretary and should often have one appointed for as long as you are trading.
Even though it just isn't a compulsory necessity, possessing a company account to your Hong Kong company is important for keeping accurate fiscal data, especially In terms of monitoring organization transactions to guarantee right income tax submitting. This contributes to both equally regulatory compliance and operational efficiency
Go with a company title that accurately signifies your online business, brand, and Hong Kong concentrate on market place, and steer clear of just about anything that would be interpreted as offensive. Understand that this is likely the very first thing clients will understand your online business, so that you’ll want to present an excellent to start with impact.
The most common kind of enterprise entity registered in Hong Kong is A non-public constrained liability company. This entity form is commonly favored by business people and enterprises as a result of its several Positive aspects and adaptability. In international contexts, this small business construction is often named an offshore company in Hong Kong. An offshore company, usually terms, signifies a business entity integrated in the jurisdiction outside of the region the place its primary operations or functions are executed.
An expert company secretary can give you thorough assist which lets your company to work successfully devoid of Actual physical existence in Hong Kong.
Taxes are levied on all profits earned in or outside the house India, which includes dividends from overseas subsidiaries.
It really is necessary for all Hong Kong firms to possess a local Company Secretary. This personal is chargeable for liaising with government regulatory bodies when necessary and when you will discover any changes within your company framework. Find out more about our Company Secretary products and services.
The Ministry of Company Affairs (MCA is answerable for placing and imposing The foundations and laws governing their explanation company registration and compliance. Registrar of Providers (ROC) offices take care of the methods connected with company incorporation, making sure organizations follows authorized necessities.
“The company setup was greater than clean and Specialist. Our Firm turned into up and jogging very quickly in almost any regard!”
Idea: You can appoint somebody or a corporate entity to become your company secretary. Here are the 5 ideal company secretary assistance vendors in Hong Kong.