Exemption From Payment of Business Registration Fee and Levy
Eligible persons
- You can apply for exemption from payment of business registration fee and levy if the average monthly sales or receipts of your business do not exceed the following limit:
For businesses mainly deriving profits | $10,000 |
For other businesses | $30,000 |
- For existing businesses, the above average monthly sales or receipts shall be the monthly average over the 6 months preceding the application. For new businesses, it shall be the estimated average over the first 6 months of business.
- Exemption cannot be granted to companies incorporated or required to be registered in Hong Kong under the Companies Ordinance and limited partnership fund registered under the Limited Partnership Fund Ordinance in Hong Kong.
- If 2 or more businesses are carried on by the same proprietor or partners, none of those businesses is entitled to the exemption. See examples below:
(a) | If Mr A carries on two sole proprietorship businesses X and Y at the same time, neither X nor Y is entitled to the exemption. |
(b) | If Mr A and Mr B carry on two partnership businesses C and D at the same time, neither C nor D is entitled to the exemption. |
(c) | If Mr A and Mr B carry on a partnership business E and at the same time, Mr A and Mr C carry on another partnership business F, E and F are not considered to be carried on by the same person. |
(d) | If Mr A carries on a sole proprietorship business G and at the same time, Mr A and Mr B carry on a partnership business H, G and H are not considered to be carried on by the same person. |
How to apply
- Application has to be made on a prescribed form – the “Form 3“. You can either submit the application in person or by post. In order to ensure the authenticity of the applications received, submission by facsimile transmission is not acceptable.
- Application can also be made via GovHK (www.gov.hk/br). For more details, please visit GovHK.
- Please refer to Purpose of Business Register and Privacy of Personal Data.
