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Some banking companies authorize the opening of a corporate account without the Actual physical existence in Hong Kong. It does need signed documents at abroad branches along with a witness.

Private companies usually are not allowed to offer shares to the public and their monetary information just isn't available to the public.

Jane Haskins practiced legislation for 20 years, symbolizing modest businesses in startup, dissolution, business transactions and litigation. She has composed countless articles on legal, mental residence and tax troubles affecting small businesses.

The Business Registration Office will challenge the certificate and particulars of your respective business. When you receive the doc, you're necessary to Display screen it within your House to ensure that any presiding officer would accept that the entity has fulfilled statuary requirements.

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Economical Statements: All companies in Hong Kong are required to put together and post once-a-year monetary statements on the Companies Registry, that will be designed accessible to the public. The format and demands for these statements may perhaps differ dependant upon the type and size in the company.

A C-corp could be a good selection if you propose to solicit enterprise cash, go public and keep a significant level of your earnings during the company. In case you form a corporation, it is going to immediately be viewed as a C corp.

Board of administrators and shareholders is usually of any nationality residing anyplace on earth. On the other hand, the company secretary needs to be a resident of Hong Kong. Body corporates that function substitutes must have registered places of work in Hong Kong.

Shares authorized are the utmost number you are issued to market. The number of licensed shares is stated while in the company’s articles of incorporation.