To enhance security of non-public information privacy, with effect from one November 2021, applicants for certified extracts of data of sole proprietorships or partnerships around the Business Register are necessary to deliver their particulars and to declare that: the data attained from that application will only be utilized for activities relating to ascertaining if the related business is registered under the Business Registration Ordinance (Cap. 310) and also the particulars of that business so registered; and

As of January one, 2024, many providers in The usa must report details about their advantageous owners – the people who in the end individual or Handle the organization.

With effect from one March 2018, a completely new licensing regime for have confidence in or business assistance suppliers has occur into Procedure. Anyone who carries on or needs to hold on a believe in or organization company business in Hong Kong is necessary to apply for a licence from your Registrar of Organizations.

We have been most effective noted for our all-inclusive unrestricted support strategy, which incorporates all accounting products and services necessary by a UK business (also see accountants for tiny businesses) plus much more for a set regular payment.

We aim to overview all applications and also have them despatched to Providers House in just 3 Operating hrs from a order currently being position.

New businesses that register right after the start on the registration calendar year could have their registration costs prorated, except for many who qualify company formation uk with bank account for your minimum amount registration cost for Timetable A or Schedule B  and AOT Amount.  

However, as our website consists of significant multi-media contents, it truly is impossible to incorporate all Stage AA accessibility requirements in all of them. Nevertheless, the multi-media contents are so located as to not have an effect on the accessibility of sizeable contents in our website.

You're going to be making use of your organization tax return and organization accounts to find out the quantity of Corporation Tax that you should fork out. Having said that, it can be a little puzzling since the owing day of your corporation tax payment is forward of your company tax return.

For the majority of tiny businesses, registering your business is so simple as registering your business identify with state and local governments.

As the voice of our solutions and capabilities, Gabi can make advanced business finance and accounting topics easy to be familiar with. Her prime precedence is ensuring that her words and phrases impression and encourage her visitors.

Neglecting to display your BRC could lead on to penalties and fines, around HK$5,000. Therefore, it’s not pretty much obtaining the business registration certification, and also about correctly displaying it. But the place and how in the event you display your BRC? Enable’s take a look at this below.

A business registration certification is not simply a formality in Hong Kong — it’s a authorized necessity for all businesses.

But the BRN is not simply a amount; it represents the recognition of a firm via the Inland Income Department, enabling it to generally be acknowledged for tax-associated reasons. It's not being bewildered with a firm Registration Variety — we outline the variations afterwards.

We are going to gather all the mandatory information and facts from you and call your former accountant on your own behalf if applicable.