Branch Office of Private Ltd. Company in Hong Kong

Branch office of Private Ltd. Company in Hong Kong

Well, once you're through with the establishment of the Hong Kong Private Ltd branch office is often beginning to proceed and submit an application.

According to the Hong Kong Companies Ordinance, “Branch” is defined as “an extension of a Hong Kong-registered company.” Therefore, the branch office is usually under a parent company; all liabilities of the branch office will always be borne by the parent company.

However, for operating the branch office, filing of NAR1 isn't required. (NAR1 – “annual return” is that the update annually reports back to the govt which stated all company particular had been changed over the year.)

Moreover, so as to declare the audit purpose and profit income tax return, the parent company will get to complete consolidation for all branch offices). What’s more, the business registration certificate for the branch office will have to renew annually (renewal date is going to be an equivalent as the parent company).

In short, the branch office offers a plethora of advantages of accounting and maintaining the operations to owners for expanding its company by just establishing a replacement name or outlets.

Merits of the Hong Kong Branch Office

The process to register the Hong Kong branch office is remarkably fast, easy, and economical.
It is easier to increase the present portfolio of your business with a small amount of effort of accounting and operation

Demerits of Hong Kong Branch Office

A branch office isn't a legally incorporated entity in Hong Kong.
The parent company is accountable and liable for all legal liabilities and debts of the branch office.

What are the wants of Branch Registration in Hong Kong?

Companies incorporated outside Hong Kong which If you would like to determine an area of business within Hong Kong, then you would like to deliver all the important documents to the businesses Registry for the registration process within one month of the establishment of the place of business.

A valid address in Hong Kong (i.e. are often an equivalent as your existing business registered address)
A valid branch business name (a name look for availability beforehand is recommended)
A valid branch business name (a name look for availability beforehand is recommended)

HK Branch Office Registration Process

As a matter of fact, every business does require the business registration form within one month after the starting date of the company. For HK Branch Office Registration Process, proceed for the business registration form.

Procedures of Branch Registration in Hong Kong are as follows:

Start the new business under the name of this branch, then proceed to Branch Registration within one month after its starting day.
Collect all the essential information and documents for the formation of a branch in Hong Kong.
Prepare the branch office formation documents (delivery the document to deal with the branch's owner for signature is optional).
Submit the first signed company documents to the government department accompanied by government fees.
Monitor the entire process and keep the client update for any news.
Pick up Business Registration from the government department.
Deliver the documents to the client.
Incorporate Your HK Branch Office with us

Are you able to register for the Hong Kong branch office? If so, then we can get on your radar. In fact, our pricing for HK Branch Office Registration is simply $ 430 USD. you'll be pleased to understand that we've several years of experience in fixing the business in Hong Kong. We attempt to prepare and manage each of the company’s filings to suit the requirements of our clients.

Branch office of Private Ltd. Company in Hong Kong