A SECRET WEAPON FOR OPEN CORPORATE BANK ACCOUNT

A Secret Weapon For open corporate bank account

A Secret Weapon For open corporate bank account

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The revenue tax charge is 16.5%, but we draw your attention to The point that any earnings acquired outside the territory of Hong Kong is not topic to taxation, and what's a lot more – there isn't any taxation for dividend or desire, no VAT or funds gains tax

Talk to just what the bank necessitates as Every bank has its very own procedures and requirements for new business accounts.

Although I’m not a supporter of bookkeeping possibly, this stuff above aren’t Substantially diverse from most formulated nations around the world.

Good news is a neighborhood or foreigner is suitable. But the person should be over 18 years previous. It can be done for somebody being the only director and shareholder of a Hong Kong company.

You could open company accounts remotely with no department check out by the next techniques. Every thing is fast and easy!

Step two – we will Look at The provision of your respective company name, clarify any challenges along with you and provide our payment specifics…. payment could be made by bank transfer, bank card or PayPal.

For the cost to keep up a company. As often the standard reply is “it relies upon” and accountants and organizations don’t ever like to give you a precise quantity.

In addition to the cashflow undergoing this new entity, Here are a few other issues I might counsel. 1st you ought to probably make a website account Within this new company identify and update the domain ownership to this entity.

Hopefully following this physical exercise you are assured over a company name. Down the road, as you need to do enterprise with other Hong Kong corporations, continue to keep this source on file. You are able to do a history search them out and determine possession constructions along with other exciting information!

Formation Kit stood out head and shoulders previously mentioned The remainder. So many firms desired to in good shape me into a box Nevertheless they offered adaptability and also a willingness to work in a means that suited me.

Particularly when you only opened up the company. On the internet service provider accounts can get rid of a lot of money with fraud. They're going to be certain they verify who you will be, what your small business does, and Anything you will be offering on the net. So prepare to undergo a bunch of hoops to prove you’re legit.

We will propose a choice of banks and FinTech firms best suited to the company’s organization action, suggest around the account opening demands and supply Licensed true copies of your company registration documents which you need to provide to your bank or FinTech company Once your company relates to open an account.

A notice of condition of registered Business office is also required to be submitted in NNC1 at time of incorporation. A company registration payment should be compensated to your Inland Revenue Department within just thirty days after the date of anniversary of incorporation, and afterwards yearly thereafter. The government cost is HK£2,250.

Jumpstart can get you started quicker by offering audio tips and truly allow you to get throughout the tedious Portion of the procedure. Ultimately, we know you’ll be grateful we invited you in to provide hong kong company incorporation cost our enable.

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