As Now we have pointed out firstly, the process is fairly easy and, currently, the Companies Ordinance is providing what is known as a “1-prevent notification of change of company certain” for Hong Kong-registered companies, where the changes of a company name or registered address, are going to be communicated on the Inland Profits Section just after becoming submitted and processed.
The Companies Registry and also the IRD has jointly launched an OPTIONAL Digital a person-prevent notification service for the e-Services Portal () from the Companies Registry. By making use of this electronic service, a company which reports a change of registered office address can opt to ask for the Companies Registry to notify the IRD on its behalf that its business address as registered underneath the Business Registration Ordinance has changed to its new registered office address with result from the powerful day of change as said in e-Sort NR1.
Nevertheless, the Companies Registry, which happens to be the government authority that checks the knowledge on companies yearly, can impose penalties if you fall short to update your registered address as well as escalate the situation for the court docket.
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What is the suitable day for analyzing the business registration cost and levy payable beneath the a single-halt company and business registration routine?
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A company desires a local office in Hong Kong to operate, which serves the objective of official correspondence in addition to to obtain governing administration documents.
The organisation should get its board’s acceptance in advance of switching the address of its registered office.
On top of that, the new need for companies to ascertain and keep up-to-day info on valuable possession By means of retaining a Significant Controllers Register was applied on exactly the same day.
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It’s really worth noting that there’s a difference between getting a Business Registration Certificate and registering your company². Registering your company generally refers to company formation companies house registering under the Companies Ordinance, For those who have a company minimal by shares or by assurance.
For business people searching into company formation in Hong Kong, comprehension the role of the nominee director is essential.