Failure to renew your BRC in time can result in penalties, including a penalty of HK£three hundred for late renewal. In case the certification expires before renewal, there could possibly be supplemental penalties and court proceedings, and you might even be unable to continue conducting business in Hong Kong.
Qualified extracts of data in respect of LPFs registered underneath the simultaneous business registration application support or adjustments of LPF particulars transmitted from the businesses Registry will Commonly be accessible for application 2 Doing the job days after the date of registration, or perhaps the day once the modifications have been recorded, as the case could possibly be.
Appears simple, doesn’t it? That’s as it is! With the right organizing and planning, the applying procedure for the BRC can be simple and inconvenience-no cost to efficiently finish corporation incorporation.
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A Hong Kong business can navigate the myriad regulatory necessities effectively by acquiring a BRN. The BRN is a vital reference quantity that facilitates The graceful operation of businesses, underlining the value of the organization registration system and also the issuance of enterprise registration figures.
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This text cuts through the complexity and immediately describes what a BRC is, how to safe 1, as well as obligations for keeping it. Keep knowledgeable to be certain your business stays on the right facet from the legislation.
The government also sends reminders and notifications for that renewal in the BRC, which can be rather helpful.
The brand new Companies Ordinance simplifies the manner of execution of files by firms. The maintaining and use of prevalent seal has become optional.
A registered agent gets official papers and legal paperwork on behalf of your organization. The registered agent have to be located in the point out in which you sign-up.
A business registration certification is necessary whether or not it’s a partnership, an unincorporated entity, a overseas corporation conducting business in Hong Kong, or perhaps a non-financial gain organisation.
We tutorial you through incorporation, advise you on company formation made simple a greater setup and assist with licences if needed. We also offer our support beyond business registration as A part of our subscription solutions.
For the reason that Business Sign-up will not have information on businesses that have ceased for a decade or even more, or new businesses for which the registration method has not yet been completed, be sure to will not make an application for the extract of knowledge on these businesses.
你可透过公司注册处的电子服务网站，以电子形式申请成立本地公司、注册非香港公司及注册其他由公司注册处处长负责执行的条例下的实体。