What You need To Know About Limited Company Formation

Budding entrepreneurs all across the world are desirous in setting up their own business, likewise exiting companies are keen to spread their limbs and among all countries, continents and sub continents, Hong Kong is one of the best places for start ups. The moment you have taken decision and taking interest in Limited Company Formation, you have to follow few step such as choosing a company name and forwarding application to Hong Kong Companies Registry (“CR”) for Hong Kong company incorporation. There is procedure for e-Registry, where applications can be submitted, local companies will be getting 24-hour to process their application. There is mobile application, which can be downloaded without any cost; also, there is a provision for hard copy submission. However, the hard copy form is available at CR with correct fees.

The Processing Time

 When you are about to Set Up Hong Kong Company you need to process the application for the incorporated company and business registration which can be processed within an hour, now when you are forwarding application in hard copy shape the Incorporation Certificate and Business Registration Certificate within four days will be issued. Now if you want to have thorough assistance, JV Consultants Limited is the one stop solution to offer reliable support. Here the consulting agency is meant to offer practical support and guidance so as to help you incorporate Hong Kong Company.

Taxes

When you are Setting up Business in Hong Kong there will be no taxes on dividends; Hong Kong companies have to pay only profits tax. There is complete liberty for entrepreneurship, there would be complete legal stability, There will be no capital deposit obligation. A Limited company needs to have a shareholder and a director. There is no need for residing or renting, no requirement for employing staff, the bank account can be opened anywhere.