Like a branch, this is a means by which a company incorporated outside hong kong establishes a place of business in hong kong. Nonhong kong company branch office registration costs our fees for registration of a branch office nonhong kong company are usd1,125. A representative office however can only fulfil a limited range of functions. The business registration office under the inland revenue department administers the business registration ordinance chapter 310, laws of hong kong. This pamphlet is issued for the general information as a introduction to the record keeping requirements of the inland revenue ordinance in hong kong. Karen kong the university of hong kong hong kong linkedin. Registered address service hong kong conpak provides hong. Company registration in hong kong is straightforward, especially. Flat b, 20f block 10, city garden, 233 electric road, north point, hong kong. The location of the minute book has been reported to the companies registry in a form r2. Hong kong stock quote nnk group ltd bloomberg markets. In respect of deceased clients or closed accounts, the 7 year retention period runs from the date immediately prior to the account closure date. The government is encouraging and promoting businesses and as such businesses outside hong kong are tax free. Where should a company keep its resolutions of directors, minutes of.
Sep 24, 2015 chinas no 2 ecommerce player sees new hong kong office as conduit to asia, stepping stone to investments overseas rain long, s chief human resources officer and general counsel. Hong kong students call for territorys independence from china. Since 1st january 2005, hong kong has adapted a financial reporting standards frs framework that has been. The company secretary is required which must be a local hong kong person id holder or a registered hk company. Conducting a business is characterized by low taxation and free trade. Intellectual property department differences among company. This service focused on corporate compliance, ensuring all necessary government filings, corporate returns and registrations are kept current, board resolutions are minuted and recorded correctly and any other required fiduciary activities are executed within the jurisdictional laws of hong kong.
All contact numbers and email addresses remain unchanged. Our fees for registration of a branch office non hong kong company are usd1,385. Hong kong marcus lau was born in 1996, but his argument for hong kongs independence from china goes back to 1984, when britain agreed to return its colony to chinese rule without admitting. Under section 92 1 of the companies ordinance of the laws of hong kong, every limited company needs to have a registered office in hong kong, for the purpose of maintenance of statutory records of the company and receipt of letters from government. Nov, 2015 in other only to members and creditors of the company. The companies law revision committee kept editing and improving the law. This combination dramatically expands nixon peabodys presence in asia with more than 30 lawyers and legal professionals in one of the worlds most dynamic economic centers. A local registered address has to be maintained po box is not allowed a local. Filing requirements of a major local limited company. Hong kong if, under the relevant provisions in the new co, that type of company records may be kept at a place prescribed by regulations made under section 356 or 657 of the new co. Hong kong is the ideal location to set up a business not only because it is one. Nan ning shen personal appointments free information. See the complete profile on linkedin and discover karens connections and jobs at similar companies.
Mar 03, 2017 hong kongs office rents are almost three times more expensive than those in singapore as property markets in two of asias largest commercial centers have diverged sharply in recent years. Vii nonhong kong companies disclosure of company name. One of hong kongs most notable office lease this year was the 24,200 sq ft transaction signed by the financial arm of china huarong asset management, at the bank of china tower in central. Non hong kong company branch office registration costs our fees for registration of a branch office non hong kong company are usd1,125. It is not a legal document and is intended only as a guide to the law.
Notarial and documentary services in hong kong and macao gov. A visitor or tourist cannot claim to be an ordinarily resident in hong kong, as visiting. The 7year period must be continuous, and only includes the period for which you have lawfully been in hong kong. Cheap flights from hong kong to newcastle, australia. Nkong group hong kong limited personal appointments free. This year, more than 80,000 companies were registered in the first six months, out of which approximately 20,000 were incorporated via the online platform. Find ideal serviced offices, coworking spaces for rent in hoi bun road, hong kong, hk with instant.
Do you know the differences among company registration. Kong or a body corporate with its registered office or place of business in hong kong. The nonhong kong company remains fully liable for all the obligations of the hong kong branch office. Since then, bny mellons presence has grown to include the hong kong branch, which has been in operation since 1984. Setup hk companybusiness registration formationvirtual office. New companies ordinance briefing notes on company records. A company must ensure that notice of its registered office and change thereof is given to the registrar of companies within the prescribed time. And youll need a hong kong office address service provider if you dont have one, or want the government mail to directly go to the cpa firm you work with.
The deemed profit rate on royalties paid by a hong kong company to a closely. Hong kong including stock price, stock chart, company news, key statistics, fundamentals and company profile. The business registration office is responsible for registering businesses carried on by an individual, a partnership, a local limited company or a non hong kong company. Free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity.
Section 51c of the inland revenue ordinance requires every person carrying on a trade, profession or business in hong kong to keep sufficient records in the english or chinese language of his income and expenditure to enable the assessable profits to be readily ascertained. Why do some hong kong independence activists claim being. We have collected data from all airlines, and have found that tuesdays, wednesdays, and saturdays are often the best days to book flights. Section 333a requires a nonhong kong company to keep at least an authrorized representative in hong kong for 1 year from the date of cessation of place of business. Karson technology limited, hong kong list of companies. Hong kongs office rents are almost three times more expensive than those in singapore as property markets in two of asias largest commercial centers have diverged sharply in recent years. New balance has moved into new offices in hong kong which were designed by spatial concept. A reference to the registered office in relation to the location where registers and company records are kept by a registered nonhong kong company is a. Chinas no 2 ecommerce player sees new hong kong office as conduit to asia, stepping stone to investments overseas rain long, s. The combined firm will now be known as nixon peabody cwl in hong kong. Hong kong students call for territorys independence from. The hong kong company paying royalties to the nonresident company is required to withhold a sufficient amount from the payment to meet the tax liability of the nonresident.
Statutory and nonstatutory books of hong kong company. As part of our international focus we provide company secretarial services. See 21 photos and 2 tips from 108 visitors to cnn international asia pacific. Our fees for registration of a branch office nonhong kong company are usd1,385. Airlines can adjust prices for tickets from hong kong to newcastle, australia based on the day and time that you decide to book your flight. We would generally provide company secretarial services as part of our domiciliary service fee. The design focused on reinforcing their branding and retail concepts within a corporate office environment. Law means the merchant shipping masters and seamen laws of 1963 to 1997. Order food online at handi indian restaurant, hong kong with tripadvisor. Company records inspection and provision of copies regulation. If the accounting records are kept outside hong kong, the returns must be kept in hong kong. We match businesses with flexible office space solutions globally. The easiest way to get your new office in hong kong up and running, is of course to get someone with local experience and expertise to help you out.
In particular, our fees cover the following services. Cnn international asia pacific office in quarry bay. Under section of the companies ordinance of the laws of hong kong, every limited company needs to have a registered office in hong kong for maintaining statutory records of the company and receipt of acknowledging governments correspondence. Hong kong company has to keep proper books of accounts. Articles of association hong kong statistical society. The non hong kong company remains fully liable for all the obligations of the hong kong branch office. View karen kongs profile on linkedin, the worlds largest professional community.
Well, your first mistake was to expect some kind of logical coherence among the localists in hk. In relocating its office in hong kong, new balance sought to increase interaction and meeting spaces. At the same time, we will improve the greening, landscape and tree management regime by promoting a holistic approach to enrich biodiversity and enhance place ecology. In other only to members and creditors of the company. It is responsible for the registration of local and nonhong kong companies. There are various ways you can reach aon in hong kong. As client agreements form part of the records that are required to be kept by an intermediary under section 2 of the schedule, they should be kept for at least 7 years under section 10 of the rules. Increased number of newly registered companies in hong kong. Lloyds register, lr and any variants are trading names of lloyds register group limited, its subsidiaries and affiliates.
Banking accounts can be opened for hong kong companies in different. Notification of any relocation of the companys statutory books from the companys registered office within 15 days after the change. The secretary may not be the sole director of the company. The company must keep its statutory books such as the register of. On october 1, 2015, we combined our office in hong kong with leading asian business firm cwl partners. Sun house is located at conjunction of connaught road central, wing wo street and des vouex road central, with 3 minutes walk from exit e4 of sheung wan mtr station, with 2 passenger lifts and 1. I mean really, what do you expect from a group of people protesting a problem that demonstrably does not exist. Registered address service hong kong conpak provides. To give context to the change as at 31 august 20 the number of corporate directors for hong kong companies was around 68,050 being 3.
Hong kong if, under the relevant provisions in the new co, that type of. Non hong kong company branch office registration costs. We are pleased to announce that with effect from 1 march 2015, our office has been relocated to the following address. Sun house is located at conjunction of connaught road central, wing wo street and des vouex road central, with 3 minutes walk from exit e4 of sheung wan mtr station, with 2 passenger lifts and 1 cargo lift. Visit to china office was not made to give thanks, chief exec. The books registration office bro is under the administration of the hong kong public libraries, leisure and cultural services department. We can incorporate hong kong companies with a name of your choice or from our shelf list quickly and efficiently. Registered office a hong kong private limited company must maintain a registered office address in hong kong and must also appoint a hong kong resident company secretary. Report on hong kong 3 domestic and foreign currency account restrictions. The company may keep the information at several places. Handi indian restaurant, hong kong lantau island menu. Being a guide, it can only cover the subject very broadly. Company registers address where register of shareholders and register of debenture holders if not kept at the registered office address. A form n8 should be filed to report the relevant changes of the authorized representative.
At the end of june, there were more than 30,000 newly registered companies, compared to the end of 2016. In 1958, bny mellon opened its first representative office in hong kong. Jan 30, 2020 order food online at handi indian restaurant, hong kong with tripadvisor. It is a major gateway for investment and finance into china and the rest of asia. Visit to china office was not made to give thanks, chief. Company status active correspondence address unit 2107, 21f. Hong kong is one of the leading asian centers for both finance and commerce. Rm 925, 9f, kenson and career industrial mansion, no.
Mar 18, 2016 hong kong marcus lau was born in 1996, but his argument for hong kongs independence from china goes back to 1984, when britain agreed to return its colony to chinese rule without admitting. Massage room at the far end corner 3 chairs to choose from foursquare uses cookies to provide you with an optimal experience, to personalize ads that you may see, and to help advertisers measure the results of their ad campaigns. Also, you must be in hong kong for a settled purpose such as for employment, education or business purposes during the entire 7year period. Setting up an office norwegian chamber of commerce hong. Official deck log book means the log book kept at the bridge of the ship in accordance with the provisions of section 99 of the law. There is a few option where the company records may be kept. The centre located with excellent transport connection, you can easily access to the centre by mtr exit b6 of ngau tak kok mtr station or by bus 38, 40p, 42c, 74d, 74x, 234c, 268c, 269c, 274x, 277e, 277p or 277x. Setting up an office norwegian chamber of commerce in hong kong.
To make hong kong a better city for all, we will continue to enhance our infrastructure to provide a safe and quality living environment. Crew list means the list kept by the master of the ship in accordance with the provisions of regulation 8. Nkong group hong kong limited personal appointments. To preserve hong kong s cultural heritage through registration and preservation of local publishedprinted books. The business registration office is responsible for registering businesses carried on by an individual, a partnership, a local limited company or a nonhong kong company. Apr 04, 20 book an appointment for certified copies at the british consulate general hong kong witness a signature this service is for customers who need to have their signature witnessed by a consular officer. Hong kong now serves as the asia pacific regional headquarters with more than 200 employees. Chief executiveelect carrie lam has visited the china liaison office, beijings organ in hong kong, three days after she was chosen as the citys next leader. Chinese tenants making hong kong office rents most expensive.
Hong kong has seen a rise in the total number of registered companies. Hong kong is one of the worlds leading financial centers and also a major capitalist service economy. To be considered resident, a company must have a registered office in hong kong and the company secretary must also be a hong kong resident individual or incorporated company. Role resigned director appointed on 25 november 2004. The companies registry hong kong is a government department under the financial services and the treasury bureau of the government of hong kong and found in 1993. Notarial and documentary services in hong kong and macao. Nonhong kong company branch office registration costs. The following of our members are specializing in enabling new business and aid new companies setting up in hong kong, please visit their pages in our member directory and see how they can help you. Chinese tenants making hong kong office rents most. A continuous compliance for hong kong companies is crucial. Conpak provides professional registered address service. Contact us today with your office requirements for hong kong.
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