Things You Should Know about HongKong Company Registration

Due to the simply tax system in Hong Kong, setting up a Hong Kong company is much convenience to all SMEs to extend their business which going to Worldwide or Mainland China both. If you live and work overseas but want to start a business in Hong Kong, Touch Law Firm provides you an available solution.

Hong Kong Company Registration

HK company registration can be done in a short time. Registering of a brand-new HK company takes about 10 working days. You can also buy an existing HK company, namely a shell company. You can also choose the electronic registration by way of e-Registry, which can be done in 3 working days.

Bank Account Opening

Touch Law Firm is honored as valuable business partners by many local or international banks in Guangzhou and Hong Kong. Our consultants’ assistance in the bank account opening and follow up will make you easier to open a bank account for your HK company. We provide bank account opening service for those who register HK companies in our company for free, including recommending banks, making appointment, offering certified true copy by our CPA, useful advices for the whole processing, etc.

Legal Secretary

Although a legal secretary is a must for a Hong Kong limited company required by the local government, a legal secretary would be an alternative offered by Touch Law Firm.

Annual Return

Each year the company must submit an annual return to the Hong Kong Companies Registry and the Hong Kong Inland Revenue. You can hand it over to Touch Law Firm by simply signing back the confirmation letter. We will give you a notice one month before it gets overdue. If failed in doing so, penalties will be implemented accumulatively, you can't expect that the company will be suspended and cancelled eventually as China does, the maximum fine could be as high as several hundreds of HKD per day.

Audit Service

If a company has business running on within Hong Kong, account book should be well kept monthly for an annual audit before you carry on a tax return to the Inland Revenue. We can arrange bookkeeping and auditing for you in time of need. Every company is required to finish tax return annually. Submission of “nil” profit tax return without auditor ’ s report and financial statement would be accepted for the companies without business operation.

Trademark Registration

Trademark registration is deemed to be an effective mean by which the enterprises can protect their own brands. However, trademarks provide regional protections, as different countries and regions impose different requirements and procedures on trademark registration. Touch Law Firm not only provides trademark registration in mainland of China but also in Hong Kong.

Why Choose Touch Law Firm?

Touch Law Firm has experiences for over 8 years in Hong Kong company registration, tax & accounting, audit for Hong Kong company, Hong Kong company secretary and Hong Kong trademark registration, etc. If you are interested in our service, please contact our online secretary Ms Touch ( Wechat ID: Touch-Law-Firm ), email to info@touchlawfirm.com or call at +8620-8355 5515.

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Things You must Know Before Hong Kong Company Registration
 

Ignore HongKong Company Audit, Your Bank Account would be Closed

Recently, HSBC is checking the audit of HK companies which have HSBC accounts. If the company is operating but can’t provide the last year audit report, the HSBC account will face the risk of being closed.

According to Hong Kong company law, all HK companies should do the audit reports as required and the reports must be issued by international accredited CPA. The government need the audit report as reference when doing company cancellation.

For a new company, it should do the audit for the first time if it is operating after it has been set up for 18 months. After that, the audit should be done annually. 

Touch Law Firm is dedicated to provide you not only the Audit Service for Hong Kong companies but also services for Hong Kong Company Registration, Annual Renew, Tax & Accounting and Deregistration etc. For further information, please follow our online secretary Ms. Touch (ID: touch-law-firm), call at +8620-8355 5515 or email to info@touchlawfirm.com

Read more:
Don't Ignore HK Company Audit! Or Your Account would be Closed

How to Get a Hong Kong ID Card?-Hong Kong Working Visa

Some clients are curious about how to get a Hong Kong Identity Card. Actually, as a foreigner, it is very hard to get a HK ID card. But there are still chances that foreigners can apply and perhaps receive one. Here we can provide you with some information, suggestions and possible solutions to the question. If you satisfy the following requirements, you may too be able to apply for a Hong Kong ID card.


If you have a registered Hong Kong company and the operation has been in good standing and health for 3 years or over, you can apply for a Hong Kong working visa. In addition, the company should have an office in Hong Kong and has at least one local employee along with completed annual audit reports for the 3 years in operation. But if you shall own an overseas Hong Kong Company (actual business activities not running in Hong Kong), you will not be able to apply and receive a Hong Kong ID.



Furthermore, if you have lived in Hong Kong with a valid working visa for 7 years or more, you may be eligible for a permanent Hong Kong ID card.

If your application is successful, you will receive a permanent Hong Kong ID card. This gives you the right of Hong Kong residency: You may stay in the country indefinitely and you cannot be removed or deported.

So, if you want to obtain a Hong Kong ID card, you will need to register a Hong Kong Company first. Touch Law Firm provides international individuals and enterprises with professional Hong Kong company registration, Hong Kong company accounting and audit, Hong Kong company secretarial service, Hong Kong visa, Hong Kong working visa services, etc.

If you are interested in business solutions and services we provide, contact us at +8620 - 8355 5515 or email us at info@touchlawfirm.com

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How to Get a Hong Kong ID Card?

Hong Kong Company Registration Fee Will Raise-Touch Law Firm

Hong Kong, as an international financial center, is favored by worldwide investors due to its established legal system, simplified taxation system, low taxation rate, well-equipped infrastructure and communication facilities, and high quality professionals.

Hong Kong Company offers unlimited business opportunities, and serves as a platform to global economy and commerce, whose advantages are well known, so tens of thousands of businesses benefit from their establishment in Hong Kong. 

Hong Kong Company Registration Fee Will Raise in April

The Revenue (Reduction of Business Registration Fees) Order 2013 (“2013 Order”) will expire on 1 April 2014. For any business or branch registration certificates which commence on or after that date, the prescribed business registration fee, as the case may be, will be payable together with the levy.

In order to obtain your business registration certificate smoothly, and with a suitable price, please contact Touch Law Firm by call at +8620-8355 5515, Email to info@touchlawfirm.com, or visit www.touchlawfirm.com .

Read More:
Hong Kong Company Registration in China - Hong Kong Company Registration Fee Will Raise

Top Benefits for Opening Hong Kong Company

The offshore company registrations will be still alive in 2013. According to the data released by the Registrar of Companies in Hong Kong, as of the end of 2012, the total number of Hong Kong local companies in the register of companies reached 1,044,600, compared with 955,400 in 2011; growth rate is more than 9%. (Source: HK Gov)

Here, we would like to share the benefits of why registering a Hong Kong company.
1. Significantly international status to promote corporate branding and image
2. Low registered capital without verification
3. Less restrictive of operating range
4. Low-tax environment
5. Convenient to use and exchange foreign currency
6. Freed choice of company name

Touch Law Firm provides you professional services of Hong Kong Company Registration, Bank Account Opening, Tax&Accounting, etc.We have office in Hong Kong, Guangzhou, Yiwu and Shanghai.

For more information, please visit www.touchlawfirm.com or email to info@touchlawfirm.com to contact us.