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2025-03-14
Hong Kong Company Deregistration Guide: Process, Fees, Requirements and Required Documents
Deregistering a company is a necessary step in legally winding up the business when it is no longer operating. In Hong Kong, deregistering a limited company requires meeting certain conditions and following government-mandated procedures. This article will introduce in detail the process, fees, requirements and required documents for Hong Kong company cancellation to help business owners successfully complete the cancellation procedures.
2025-02-18
Can I declare "0" without an operating company?
Starting from April 1, 2023, the Inland Revenue Department has issued guidelines to all tax representatives and will no longer accept tax returns with zero returns. All corporations and businesses, regardless of the amount of total income, must submit a profits tax return together with all supporting documents, including financial statements (except for inactive companies).
2025-02-10
Late filing of annual return may lead to court hearing? When should NAR1 be filed?
All companies registered with the Companies Registry must comply with the Hong Kong Companies Act, and "Annual Return" is a statutory requirement for annual reporting. As a company secretary for many years, I have seen countless SMEs file late/missed returns and incur fines. This article shares with you what you need to know about the annual return.
2025-01-13
Business registration certificate fee adjustment for 2024/25 – exemption from business registration levy
The 2024/25 budget was announced, and the business registration fee will be increased by $200 to $2,200 starting from April 1, but the $150 levy will be waived for two years.
2024-12-30
[The most complete guide for Hong Kong limited companies] Company registration process, company establishment fee $4,645 including government fees and instructions on opening a bank account (2025 updated version)
Explore the self-employed person's guide to tax deduction and filing. Whether you are a Freelancer, a freelancer, a part-time employee, or a company owner, this article will share every tax-saving opportunity and effectively manage tax matters…
2024-12-30
[Simple guide for Hong Kong limited companies] Company registration process, company establishment fee $4,645 including government fees and instructions on opening a bank account (2025 updated version)
Explore the self-employed person's guide to tax deduction and filing. Whether you are a Freelancer, a freelancer, a part-time employee, or a company owner, this article will share every tax-saving opportunity and effectively manage tax matters…
2024-12-23
If I don't have an office in Hong Kong, can I still open a business account with a local bank?
More and more first-time business owners are choosing online business as one of their main areas of focus because it requires less initial capital and it is easy for customers to cross geographical boundaries to obtain goods and services. But when it comes to opening a bank account, novice bosses may have the following questions: If the company does not have any physical office or office in Hong Kong, can it open a business account in a Hong Kong bank?
2024-12-16
Is a green box necessary to start a company?
In Hong Kong, secretarial companies usually give clients a green box after registering a limited company, commonly known as a "green box". Receiving this "green box" means that the new business has officially been handed over to you. However, with the implementation of new regulations, the procedures for starting a business have been significantly simplified and many new companies now no longer need to use a physical green box!
2024-12-09
BR and CI myths - the difference between business registration and company registration
Explain the first step in opening a company: the difference between business registration and company registration. Many people mistakenly believe that these two programs are the same thing, but they are actually different. Business registration is just about registering your company name and business category, while company registration includes more legal and tax aspects, such as registering shares and appointing directors. If you plan to form a company, understand these differences so you can choose the right method of incorporation. This article will explain the differences between business registration and company registration in detail and help you better understand both procedures.
