Monday 9 March 2015

Business Registration in comparison with company registration



Hong Kong business incorporation always requires the fulfillment of three prominent registrations – Company, Business, and Trademark. All three have their respective boards for the processing and authorization. A businessperson who is about to commence his HK company incorporation should not confuse them to be similar and needs to understand how different they are to each other. We’ll be discussing about the first two topics here – Company registration and business registration.

‘Company’ and ‘Business’ are treated as two different terms in the purview of Hong Kong business incorporation. 

Company registration – The process starts with name proposal, after which the company will be identified everywhere. To register the name, one needs to submit an application with the Hong Kong company registrar. A new and non-existent name needs to be chosen and then applied for registration. The Hong Kong company registry will give the details about the list of names already applied for. Once verified, one can apply for a company registration with the Hong Kong company registry

Business registration – To go for a business registration, one has to apply for it on the Business registration office. If the regular proceeding of the business is carried out on a branch, it needs to be registered as well. 

An overlook to the company registry search will provide details on the availability of company names and trademarks. One can also register company online at the Companies Registry’s website.
For a faster incorporation, take the help of Hong Kong based business consulting firms. They are there to help the interested investors to create a profitable unit in the country. These firms will take care of all the formalities that sometimes are the most tedious tasks one experiences while setting up the business. They can also help by supplying manpower and other services that companies need in order to operate without any hiccups.

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