Let’s say you accidentally commenced business without the need of registering it with the government. If you do not use within just one particular month and you also are caught, you will end up slapped having a extreme penalty of HKD 5,000 and imprisonment for one particular calendar year, as per the statement that may be said beneath the Business Registration Ordinance.
A huge selection of motorcyclists are within a queue with the community MoT Business in Ganta to register their bikes and acquire license plates
Performing being a routing transit range for financial institutions, enabling precise and productive currency transfer between accounts
Digital extract of information in respect of constrained partnership cash (LPFs) registered under the simultaneous business registration software company or modifications of LPF particulars transmitted from the Companies Registry will Commonly be obtainable for software 2 working days after the date of registration, or the date once the adjustments have been recorded, as the situation can be.
Address your web site like a web based Edition of the storefront. It’s the 1st impact for many customers and potential customers.
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The level on the late filing penalty is dependent on how late the accounts are when they access Organizations House.
An employer is necessary to enrol both equally entire-time and part-time staff members aged eighteen to beneath sixty five and used for 60 days or even more in an MPF plan. You could find one or more MPF schemes readily available on the market and enrol your workers in these strategies. Click on the backlinks beneath For more info.
GovHK’s Taxes part directs you to definitely sources of specific specifics of revenue tax, tax obligations of business operators and employers.
Similarly, overseas corporations intending to open a branch in Hong Kong also needs to submit an application for a business registration certificate in one month of creating their position of business in Hong Kong.
Bear in mind, the renewal frequency For added business licenses, such as the business registration certification, in Hong Kong may differ according to the particular license, so constantly seek advice from The federal government Web page to understand the renewal necessities for every license.
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Should you be lower than a person month late in submitting, You then will incur a great of £a hundred and fifty. Late filing penalties raise with time. Such as, Should you be more than six months late in business registration fee submitting, Then you definitely will incur a penalty from the sum of £1,500.