{"id":93444,"date":"2024-05-08T16:07:02","date_gmt":"2024-05-08T08:07:02","guid":{"rendered":"https:\/\/premiatnc.com\/hk\/?page_id=93444"},"modified":"2024-09-09T17:10:21","modified_gmt":"2024-09-09T09:10:21","slug":"company-incorporation","status":"publish","type":"page","link":"https:\/\/premiatnc.com\/hk\/services\/company-incorporation\/","title":{"rendered":"Company Registration, Company Formation Services"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"93444\" class=\"elementor elementor-93444\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f143069 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f143069\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-980f9a3\" data-id=\"980f9a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27357c9 elementor-widget elementor-widget-heading\" data-id=\"27357c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Company Registration, Company Formation Services<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-ba3321b e-flex e-con-boxed e-con e-parent\" data-id=\"ba3321b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a0aeb51 e-con-full e-flex e-con e-child\" data-id=\"a0aeb51\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7052b86 elementor-widget elementor-widget-image\" data-id=\"7052b86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation-1024x576.jpg\" class=\"attachment-large size-large wp-image-87259\" alt=\"Hong Kong company incorporation\" srcset=\"https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation-1024x576.jpg 1024w, https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation-300x169.jpg 300w, https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation-768x432.jpg 768w, https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation-1536x864.jpg 1536w, https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Hong-Kong-Company-Incorporation.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e367279 e-con-full e-flex e-con e-child\" data-id=\"e367279\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-f942f05 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;a18611c&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"f942f05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Hong Kong Company Formation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55d9b95 elementor-widget elementor-widget-heading\" data-id=\"55d9b95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Skip to:<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e86b907 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"e86b907\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#1\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256c0 136.967-111.033 248-248 248S8 392.967 8 256 119.033 8 256 8s248 111.033 248 248zM227.314 387.314l184-184c6.248-6.248 6.248-16.379 0-22.627l-22.627-22.627c-6.248-6.249-16.379-6.249-22.628 0L216 308.118l-70.059-70.059c-6.248-6.248-16.379-6.248-22.628 0l-22.627 22.627c-6.248 6.248-6.248 16.379 0 22.627l104 104c6.249 6.249 16.379 6.249 22.628.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Company registration in Hong Kong<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#faq\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256c0 136.967-111.033 248-248 248S8 392.967 8 256 119.033 8 256 8s248 111.033 248 248zM227.314 387.314l184-184c6.248-6.248 6.248-16.379 0-22.627l-22.627-22.627c-6.248-6.249-16.379-6.249-22.628 0L216 308.118l-70.059-70.059c-6.248-6.248-16.379-6.248-22.628 0l-22.627 22.627c-6.248 6.248-6.248 16.379 0 22.627l104 104c6.249 6.249 16.379 6.249 22.628.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Frequently asked questions<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#info\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256c0 136.967-111.033 248-248 248S8 392.967 8 256 119.033 8 256 8s248 111.033 248 248zM227.314 387.314l184-184c6.248-6.248 6.248-16.379 0-22.627l-22.627-22.627c-6.248-6.249-16.379-6.249-22.628 0L216 308.118l-70.059-70.059c-6.248-6.248-16.379-6.248-22.628 0l-22.627 22.627c-6.248 6.248-6.248 16.379 0 22.627l104 104c6.249 6.249 16.379 6.249 22.628.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Do you need more information?<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#footer-form\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256c0 136.967-111.033 248-248 248S8 392.967 8 256 119.033 8 256 8s248 111.033 248 248zM227.314 387.314l184-184c6.248-6.248 6.248-16.379 0-22.627l-22.627-22.627c-6.248-6.249-16.379-6.249-22.628 0L216 308.118l-70.059-70.059c-6.248-6.248-16.379-6.248-22.628 0l-22.627 22.627c-6.248 6.248-6.248 16.379 0 22.627l104 104c6.249 6.249 16.379 6.249 22.628.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Submit enquiries via a simple online form<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-867512e elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"867512e\" data-element_type=\"section\" data-e-type=\"section\" id=\"1\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67964b2\" data-id=\"67964b2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-5e4cc73 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"5e4cc73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Registration in Hong Kong<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-4e6cd56 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"4e6cd56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Are you planning to register or set up a company in Hong Kong? This article provides you with proven-to-work strategies for Hong Kong company incorporation.<\/p><p>Hong Kong has a dynamic economy and has lately become one of the most sought-after investment hubs by modern global startups. Being among the most attractive tourist destinations and a shopping paradise, Hong Kong is a perfect location to set up a Private Limited Company. The GDP of this cosmopolitan is progressively increasing, meaning that business is booming.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-2f5c167 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"2f5c167\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Compelling Reasons for Starting a Business in Hong Kong<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-852703c elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"852703c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Hong Kong is located in the heart of Asia, making it an important place to set up a private limited company. It allows easy access to China, the world\u2019s largest populated place giving you accessibility to a broader market and increased business opportunities. The low tax burden, government initiatives, and secured private rights are some of the most critical reasons for incorporating a company in Hong Kong.<\/p><p>In addition, starting a business in Hong Kong is easy and straightforward. The requirements of opening a company are simple, and the registration process can be completed online within 24 hours. Hong Kong is one of the freest markets in the world, accepting all kinds of legal business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-b6e7f63 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"b6e7f63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">How to Incorporate a Private Limited Company in Hong Kong<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-b910db1 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"b910db1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The incorporation process of a private limited company in Hong Kong is quite simple but can be time-consuming. Any local or foreign person above 18 years can set up a company in Hong Kong.<\/p><p>Are you planning to register a company in Hong Kong? Whether you are a local or foreign entrepreneur looking to register your business, it is strongly advisable to seek the registration services of professional firms that have a clear understanding of policies guiding the incorporation of a private limited company in Hong Kong.<\/p><p>Here are the key steps are requirements for setting up a company in Hong Kong:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-208fc52 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"208fc52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Step#1: Select a Company Name<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-cef8c25 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"cef8c25\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Before starting your company incorporation process in Hong Kong, you must select a unique name for your company and check if it is available.<\/p><p>There are some words and expressions that will require the consent of the Chief Executive before their use will be allowed in a company name such as Chamber of Commerce, Trust, Savings etc.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-eddb6a2 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"eddb6a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Step#2: Designate the Company Structure<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-5aefac7 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"5aefac7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As with any company, you\u2019ll have to assemble a team of directors, shareholders and a\u00a0<a href=\"https:\/\/premiatnc.com\/hk\/service\/company-secretarial-services-in-hong-kong\/\" target=\"_blank\" rel=\"noopener\">company secretary<\/a>.<\/p><p>To open a private limited company in Hong Kong, entrepreneurs must comply with the following requirements of a business entity:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-363f0e7 plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"363f0e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-363f0e7\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161575\"class=\"plus-table-col elementor-repeater-item-a8ce8ed\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">a)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616159f\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Director<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661615b4\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Minimum of <b>one director<\/b> <br>\n\n(Accept Corporate body but min. 1 any nationality natural person who at least 18-year-old)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616163d\"class=\"plus-table-col elementor-repeater-item-709a51b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">b)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161651\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Shareholder<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161660\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Minimum of <b>one shareholder<b> <br>\n\n(min. 1 any nationality natural person who at least 18-year-old but max. 50 people <br>\n\n<b>*Significant Controller<b> who holds 25% share)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"3\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661616c6\"class=\"plus-table-col elementor-repeater-item-3fdb72f\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">c)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661616d5\"class=\"plus-table-col elementor-repeater-item-9d668cb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Shares &amp; its <br>\nCapital<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661616f3\"class=\"plus-table-col elementor-repeater-item-7626500\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">min. 1 share, <br>\n\nHK$1 paid-up share capital<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"4\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161712\"class=\"plus-table-col elementor-repeater-item-7eb4ef2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">d)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616171f\"class=\"plus-table-col elementor-repeater-item-ee140a5\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Company Secretary<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616172b\"class=\"plus-table-col elementor-repeater-item-b5f5f3a\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">H.K. resident or H.K. Corporate body\n<br>\n(**<b>TCSP<b>)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"5\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161764\"class=\"plus-table-col elementor-repeater-item-110899e\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">e)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666161771\"class=\"plus-table-col elementor-repeater-item-07323ef\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Registered Office Address<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616177d\"class=\"plus-table-col elementor-repeater-item-99e452f\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Must have a <b>local registered office address<\/b> in Hong Kong<br><br>\n\n<i>In case you have not decided to set up a physical office in Hong Kong yet, PREMIA TNC are able to register the Company under our local office address. You may choose to change the local registered office address in the future.<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-3abfc23 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"3abfc23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>*<a href=\"https:\/\/www.cr.gov.hk\/en\/legislation\/scr\/overview.htm\" target=\"_blank\" rel=\"noopener\"><b>SCR<\/b><\/a>: the Significant Controller who majority directly or indirectly hold more than 25% issued shares or voting rights of company or has a right to exercise, or actually exercises, significant influence or control over the company<\/p><p>**\u00a0<a href=\"https:\/\/www.tcsp.cr.gov.hk\/tcspls\/index\" target=\"_blank\" rel=\"noopener\"><b>TCSP<\/b><\/a>: Trust or Company Service Provider License<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-cc001b7 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"cc001b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Step#3: Proceed to Open a Company in Hong Kong<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-a7fe555 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"a7fe555\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To set up a private limited company in Hong Kong, you must submit the following documents:<\/p><ul><li>A copy of articles of association for the company.\u00b7\u00a0A duly completed incorporation form bearing the company name, registered address, details of shareholders, company secretary, directors, and shareholder capital registered on incorporation<\/li><li>A copy of passports, residential address proof for foreigners<\/li><li>A copy of Hong Kong ID and proof of residential address for Hong Kong residents<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-d6c1c68 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"d6c1c68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Step#4 Open a Corporate Bank Account<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-4df5596 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"4df5596\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>After registering your business, you may need to open a bank account in Hong Kong. Among the documents you will need to open a corporate bank account in Hong Kong include the following:<\/p><ul><li>Account application forms<\/li><li>Company registration documents<\/li><li>Copies of passports and address proof of each member<\/li><li>A bank statement of each member, or any related corporation(s)<\/li><li>A bank reference letter of each member<\/li><li>Proofs of business such as contracts, invoices, etc. of the company<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-eb2f983 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"eb2f983\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Step#5 Perform Annual Maintenance and Filing<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-122cf0d elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"122cf0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To maintain the active status of your company and avoid fines from the government, a Hong Kong company must oblige to the ongoing compliance requirements below:<\/p><ul><li>Annual renewal of the Business Registration Certificate; apply for the renewal one month before the expiry date.<\/li><li>Annual General Meeting (AGM) should be held annually every financial year. The AGM should be held within 18 months of the company incorporation.<\/li><li>Annual return with the Companies Registry: filling with the Companies Registry within 42 days after the Anniversary of company incorporation.<\/li><li>Employer\u2019s return with Inland Revenue Department: filing each associate form within the prescribed period.<\/li><li>Annual Tax Return: Every company must file audited accounts together with profits\u00a0<a href=\"https:\/\/premiatnc.com\/hk\/service\/taxation-service-hong-kong\/\" target=\"_blank\" rel=\"noopener\">tax return annually<\/a>.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-d072434 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"d072434\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Key Takeaway<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-0998aa6 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"0998aa6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The process of\u00a0<strong>starting a business in Hong Kong<\/strong>\u00a0can be daunting and time-consuming.\u00a0 However, using a professional company formation services firm can make the process of forming a private limited company easy and seamless.<\/p><p><a href=\"https:\/\/premiatnc.com\/hk\/\" target=\"_blank\" rel=\"noopener\">Premia TNC<\/a>\u00a0has successfully helped many entrepreneurs, locally and overseas, incorporate and register their companies across Hong Kong, Singapore, Taiwan, Vietnam, Malaysia, and Korea. Our professional specialists will take all the formalities of\u00a0<strong>incorporating your business<\/strong>\u00a0and offer outstanding company management services.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc3f122 elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"cc3f122\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#footer-form\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Request a Quote<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-336844f elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"336844f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ca7ebfb\" data-id=\"ca7ebfb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-158ad1d elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"158ad1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Type of Hong Kong Companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-0f18a54 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"0f18a54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Sole Proprietorship<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-91e8064 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"91e8064\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A sole proprietorship is especially for a very small-scale business for one-man only, like a grocery store.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-33aaa35 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"33aaa35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Advantages of Sole Proprietorship<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50ce1fa plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"50ce1fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-50ce1fa\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661647d2\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Simple to set up<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666164802\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The only thing is to apply for a business license from the Business Registration Office.  Every person carrying on a business shall make such an application within 1 month of the commencement of such business.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666164824\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Profits entitlement<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666164839\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The sole proprietor does not need to share the profits with other people.  He gets all the profits of the business, which provides a good incentive for him to work hard.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"3\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666164856\"class=\"plus-table-col elementor-repeater-item-9d668cb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Lower profits tax rate<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616486a\"class=\"plus-table-col elementor-repeater-item-7626500\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The profits tax rate for a sole proprietorship is 7.5% \u2013 15%. which is lower than a limited company.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-e5e5f9c elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"e5e5f9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Disdvantages of Sole Proprietorship<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8b91bc plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"b8b91bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-b8b91bc\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666165641\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Sources of finance<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616566b\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The sole proprietor will have difficulty in sourcing additional finance. Unless he has adequate finance in setting up and running the business, he needs to be cautious in managing the finance to avoid the occurrence of liquidity problem in the course of business.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616568b\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Unlimited personal liability<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661656a8\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">It is risky because the sole proprietor has unlimited liability to its business.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-71448fa elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"71448fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The sole proprietor shall bear all the losses resulting from the business. It can be a great psychological and economic pressure on him when the business is slipping down.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-c5118d0 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"c5118d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Procedure for Setting up a Sole Proprietorship<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-fe70be9 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"fe70be9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Setting up a sole proprietorship in Hong Kong is simplest.<\/strong><\/p><p>The only requirement for Hong Kong sole proprietorships is to register their business with the Inland Revenue Department\u2019s Business Registration Office and obtain a Business Registration Certificate. Business Registration must be done within one month from the date of commencement of business.<\/p><p>The business registration number that appears on the Business Registration Certificate is also the sole proprietorship\u2019s profits tax filing number.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-10a71a5 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"10a71a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">In order to register a sole proprietorship business in Hong Kong, the following documents\/information are required.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-2feb898 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"2feb898\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Complete application form, including proposed business name and date commenced<\/li><li>Hong Kong identity card of the sole proprietorship<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1923a65 elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"1923a65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#footer-form\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Request a Quote<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-c53af44 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"c53af44\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-613f7b0\" data-id=\"613f7b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-ad5c641 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"ad5c641\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Partnership<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-6f69917 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"6f69917\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This business structure allows two or more people to carry on a business in common with a view of profit.<\/p><p>There are two types of Partnerships in Hong Kong and governed by the Partnership Ordinance(Cap. 38)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bef224 plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"3bef224\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-3bef224\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666167fd4\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">General partnership<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666168006\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">All the partners are general partners and have unlimited liability.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616802b\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Limited Liability partnership<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666168043\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Includes one or more limited partners but they\u2018re not able to participate in the management.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-96473bb elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"96473bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>However, there must be at least one general partner with unlimited liability. He has unlimited liability for the firm\u2019s debts and is responsible for the day-to-day running of the business.<\/p><p>It\u2019s commonly used by the professional, like solicitor \u2013 law firm or in small scale business form. The maximum partners are 20, except for solicitors, accountants, stockbrokers, or any other professions, vocations and businesses approved by the Chief Executive in Council.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-50ae0c3 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"50ae0c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Advantages of Partnership<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4949f9 plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"a4949f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-a4949f9\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616961c\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Division of labour<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616964e\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">\tEach partner can contribute their own specialized knowledge and ability to the business.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666169672\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Sharing business risk<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a04666169689\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The business risk will not be borne by one person only and easier to raise the capital from other partners.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"3\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661696a3\"class=\"plus-table-col elementor-repeater-item-c03b5f5\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Lower profits tax rate<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a046661696b7\"class=\"plus-table-col elementor-repeater-item-13154be\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">The profits tax rate for a Partnership is 7.5% \u2013 15%, which is lower than a limited company.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-7280dc3 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"7280dc3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Disadvantages of Partnership<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bafb50 plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"9bafb50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-9bafb50\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616a4dc\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">No separate legal existence<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616a50c\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">A partnership is not a legal entity, still an unlimited liability to the general partner.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616a52c\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Bound by the decisions of others<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616a543\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">All partners are bound by the decisions made by anyone of the general partner. A poor decision made by one general partner will affect the whole business.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-118464a elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"118464a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Procedure for Setting up a Partnership<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-d4cad44 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"d4cad44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Business is conducted under a partnership agreement\/deed must be registered with the Business Registration Office of Inland Revenue Department of Hong Kong, within 1 month of the commencement of the business.<\/p><p>Once you have registered your business, you must display your Business Registration Certificate at your place of business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-56e8852 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"56e8852\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">In order to register a partnership business in Hong Kong, the following documents\/information are required.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-6504a1c elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"6504a1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li aria-level=\"1\">Complete application form, including proposed business name and date commenced<\/li><li aria-level=\"1\">Hong Kong identity card<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-22d9472 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"22d9472\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff40448\" data-id=\"ff40448\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-3411e5d elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"3411e5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Private Company Limited<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-29dbc5c elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"29dbc5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Company Limited by Shares<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-ccbc21a elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"ccbc21a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A private company limited by shares is the most common type of company incorporated under the Companies Ordinance of Hong Kong. The liability of the shareholders of \u201cCompany Limited by Shares\u201d to creditors of the company is limited to the capital originally invested.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-582c257 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"582c257\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Procedure for Setting up a Limited Company by Shares<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-b1cd9de elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"b1cd9de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For the company registration\/ incorporation part, you don\u2019t need to visit Hong Kong; we can prepare and send you the requisite documents by email and arrange relevant filing on your behalf.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29f5177 plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"29f5177\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-29f5177\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616cf46\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Tailor-Made Company<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616cf7b\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">E-registration (Online Submission)\n<br><br>\nThe company will be incorporated with your preferences name and we can get the Certificate of Incorporation and Business Registration Certificate within 2~3 hours under the following conditions\n<br><br>\n\n<ul>\n<li>The Proposing Company will be incorporated with Individual Director &amp; Shareholder<\/li>\n<li>Receive Notarized Certify True Copies of Original &amp; Valid Identification Documents of Director &amp; Shareholder by Notary Public in your country or Receive Certified True Copies by Hong Kong Certified Practicing Accountant\/ HK Lawyer<\/li><\/ul>\n\n<br><br>\nTraditional Way (Paper Submission)\n<br><br>\nThe company will be incorporated with your preferred name, the incorporation process will normally take 6 working days for a Certificate of Incorporation to be issued.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616d151\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Ready-Made Company\n<br><br>\n(Shelf Company)<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616d1b3\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">If you don\u2019t have a preference on the company\u2019s name, you can make a choice from a shelf company list and use it immediately, everything can be done within 2~3 days.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-0ecb992 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"0ecb992\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-887fcfd\" data-id=\"887fcfd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-4c55379 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"4c55379\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Public Limited Company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-8f05589 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"8f05589\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A Hong Kong Public Limited Company is limited by shares. It allows to:<\/p><ul><li aria-level=\"1\">offer its shares and debentures to the public;<\/li><li aria-level=\"1\">have more than 50 shareholders and on maximum restriction; and<\/li><li aria-level=\"1\">have no restricted right to transfer its shares.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-65a3674 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"65a3674\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Advantages of Public Limited Company<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcf67ba plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"fcf67ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-fcf67ba\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616e6ed\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Easier to raise capital<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616e715\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Ability to raise capital and attract the investors when compared to private limited company\/ partnership\/ sole proprietor company.<br><br>\n\nIf the company goes listing, more generic strategies for raising capital on the stock market.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616e799\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Good Prospectus<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616e7b7\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">It is optional to go through the IPO process and list on The Stock Exchange of Hong Kong Limited (HKSE)\u2018s Mainboard or GEM board.\n<br><br>\nCompanies listed on the HKSE are regulated by the Rules Governing the Listing of Securities on the HKSE (Listing Rules) and the Codes on Takeovers and Mergers and Share Buy-backs.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-0b03af3 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"0b03af3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Disadvantages of Public Limited Company<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c4897e plus-border-yes elementor-widget elementor-widget-tp-table\" data-id=\"7c4897e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"tp-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div itemscope class=\"plus-table-wrapper   tp-table-mobresswipe\" itemtype=\"http:\/\/schema.org\/Table\">\n\n\t\t\t\t<table id=\"plus-table-id-7c4897e\" class=\"plus-table plus-text-break plus-column-rules\" data-sort-table=\"no\" data-show-entry=\"no\" data-searchable=\"no\">\n\t\t\t\t\t\n\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t<!-- ROWS -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr data-entry=\"1\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616f627\"class=\"plus-table-col elementor-repeater-item-254da89\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Increase Rules and Regulations oversight<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616f64c\"class=\"plus-table-col elementor-repeater-item-0750a1b\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Hong Kong Public Limited Companies raise funds from the public and are therefore subject to stricter rules and regulations.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr><tr data-entry=\"2\" class=\"plus-table-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616f66e\"class=\"plus-table-col elementor-repeater-item-3e6eea2\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Higher levels of transparency required<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<td id=\"tooltip6a0466616f685\"class=\"plus-table-col elementor-repeater-item-e2384fb\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"plus-table__text-inner\">Hong Kong Public Limited Companies are mandatory to disclose accounts information every year.<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t<\/table>\n\n\t\t\t<\/div> \n\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-9081d92 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"9081d92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Procedure for Setting up a Public Limited Company<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-55ae1d4 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"55ae1d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The company will be incorporated with your preferences name and following documents to be required of all relevant parties:-<\/strong><\/p><p>Receive Notarized Certify True Copies of Original &amp; Valid Identification Documents of Director &amp; Shareholder by Notary Public in your country; or<\/p><p>Receive Certified True Copies by Hong Kong Certified Practicing Accountant\/ HK Lawyer (If you can visit us in person,\u00a0<a href=\"https:\/\/premiatnc.com\/hk\/\">PREMIA TNC<\/a>\u00a0can provide such service).<\/p><p>We can assist you in getting a more in-depth understanding of the requirements and procedure of setting up this type of company, please feel\u00a0<a href=\"https:\/\/premiatnc.com\/hk\/contact\/\" target=\"_blank\" rel=\"noopener\">free to talk<\/a>\u00a0with our specialist.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-f20f567 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"f20f567\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-557a390\" data-id=\"557a390\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-6a36939 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"6a36939\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Branch Office<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-bb2e6d5 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"bb2e6d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A place of business in Hong Kong which is established by a foreign company (i.e. a company incorporated outside of Hong Kong) must register as \u201cRegistered Non-Hong Kong Company\u201d under Part 16 of the Companies Ordinance (Cap. 622), within 1 month after establishment. It is advisable to apply before business commences.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-19ed03d elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"19ed03d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Documents required for registration as \u201cRegistered Non-Hong Kong Company\u201d<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-f44933c elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"f44933c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li aria-level=\"1\">A certified copy of the Memorandum and Articles of Association (or charter or statutes) of the company;<\/li><li aria-level=\"1\">A completed \u201cApplication for Registration as Registered Non-Hong Kong Company\u201d Form which includes particulars of the company;<\/li><li aria-level=\"1\">A certified copy of the company\u2019s certificate of incorporation (or equivalent);<\/li><li aria-level=\"1\">A certified copy of the latest accounts of the company; and<\/li><li aria-level=\"1\">A Notice to Business Registration Office<\/li><\/ul><p>If the certificate of incorporation or equivalent is not in English or Chinese, please note that it is required to deliver a certified copy of the certificate in the original language and its certified translation in English or Chinese for registration.<\/p><p>Upon receipt of sufficient documents, normally it takes around 14 working days to issue a Certificate of Registration in Companies Registry.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-527df5d elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"527df5d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31e9273\" data-id=\"31e9273\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-5fc3907 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"5fc3907\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Representative Office<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-6131ca2 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"6131ca2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A representative office is not a separate legal entity but rather an extension of its parent company.<\/p><p>It is an office established by a company which is registered in a foreign country, to act as a liaison between the home office and trade organization to conduct market research and establish contacts with prospective customers and partners. It is useful for companies looking to explore the Hong Kong market before making a larger investment or registering an offshore company. Please\u00a0<a href=\"https:\/\/premiatnc.com\/hk\/contact\/\" target=\"_blank\" rel=\"noopener\">contact us<\/a>\u00a0for more information.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-71d75e7 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"71d75e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">A representative office may only be engaged in any of the following functions<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-3ccd2a5 elementor-widget elementor-widget-text-editor\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;48e28f4&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"3ccd2a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li aria-level=\"1\">conducting research and providing data and promotional materials to potential clients and partners<\/li><li aria-level=\"1\">conducting research and surveying for its parent company in the local market<\/li><li aria-level=\"1\">liaison with local and foreign contacts on behalf of its parent company<\/li><li aria-level=\"1\">acting as a coordinator for the parent company\u2019s activities<\/li><li aria-level=\"1\">making travel arrangements for parent company representatives and potential clients and other non-profit making business activities<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"theplus-event-tracker elementor-section elementor-top-section elementor-element elementor-element-1ff9e33 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;6c13fa8&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"1ff9e33\" data-element_type=\"section\" data-e-type=\"section\" id=\"faq\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b8d6a1\" data-id=\"5b8d6a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"theplus-event-tracker elementor-element elementor-element-4026820 elementor-widget elementor-widget-heading\" data-theplus-event-tracker=\"{&quot;google&quot;:&quot;no&quot;,&quot;gCsmEventName&quot;:&quot;&quot;,&quot;eventProperties&quot;:[{&quot;_id&quot;:&quot;67675f3&quot;,&quot;eventName&quot;:&quot;&quot;,&quot;eventValue&quot;:&quot;&quot;}],&quot;gglEventType&quot;:&quot;recommended&quot;,&quot;gglSelEvent&quot;:&quot;ad_impression&quot;,&quot;google_analytics_id&quot;:&quot;&quot;}\" data-id=\"4026820\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs for Hong Kong Company Formation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7cfb85 elementor-widget elementor-widget-shortcode\" data-id=\"f7cfb85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div class=\"wp-faq-schema-wrap wp-faq-schema-accordion\">\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<h3>1. HOW TO DECIDE WHICH FORM OF THE COMPANY TO INCORPORATE?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>You may based on your business background and the pros and cons of different types of companies to choose the most suitable form for your business.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>2. HOW TO DEFINE WHETHER WE CAN GO FOR E-REGISTRATION TO INCORPORATE A COMPANY?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>If you are the individual director and shareholder, you may go to the Companies Registry in person or provide a certified identification document to apply for an e-account to submit for the application.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>3. ANY RESTRICTIONS AND CONCERNS ON CHOOSING THE COMPANY NAME?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Yes. In general, the proposed name would be rejected if the proposed company name has been registered from the Registrar of Companies, the same as the incorporated or established organization, under the view of the Registrar of Companies, the name would constitute a criminal offense, offensive or otherwise contrary to the public interest or hit rules set out from the ordinance.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Company Registration, Company Formation Services Hong Kong Company Formation Skip to: Company registration in Hong Kong Frequently asked questions Do you need more information? Submit enquiries via a simple online form Company Registration in Hong Kong Are you planning to register or set up a company in Hong Kong? This article provides you with proven-to-work [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":85687,"parent":93514,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-93444","page","type-page","status-publish","has-post-thumbnail","hentry"],"featured_image_src":"https:\/\/premiatnc.com\/hk\/wp-content\/uploads\/2021\/09\/Incorporation3.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Company Registration: Company Formation Services Hong Kong<\/title>\n<meta name=\"description\" content=\"Are you planning to register or set up a company in Hong Kong? 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