Hong Kong is considered the most lucrative business hub in China. Many foreign investors like to set up their corporate office in Hong Kong as the business infrastructure is supreme so they just have to run the business in proper manner without worrying about the office infrastructure and employees will feel motivated to work in high-tech offices of Hong Kong. By setting up office in Hong Kong they can also catch the notice of global customers. But there are some rules and regulations that one should follow to start a business in Hong Kong.
If the investor is foreigner then he has to fill some legal documents and hire a native partner who can represent his business over Hong Kong. You need to register your business within one month of initiating as per government rules. For companies registry in Hong Kong you have to fill out the application form for successful registration. If it is sole proprietorship then you need to fill up form no.1, for corporate business 1(a), for partnership business form 1(c). You must hire the lawyer who can assist you to get the license soon for operating your business in Hong Kong. You can do it online or visit the office of license authority to submit the filled up application form and get your company registered. For china company formation, click the hyperlink provided.
You can get the license for either one year or three year and you have to pay the registration fees and renew it before it expires. Your nature of business determines the amount of registration charges. In case of sole proprietorship you must submit your passport and other documents; in case of partnership you must submit all other partner’s official papers and the proof of company incorporation for obtaining the license. See more information here.
You may get your company’s trademark registration if you register under Intellectual Property Depart but the name of your company must not be similar otherwise it may get cancelled. So give an exceptional name for your company and get the registration. There are some special licenses needed for operating telecom business or import-export business in Hong Kong.
Create your exclusive business logo and go for patent registration under the same authority. For paying various business taxes you must open bank account and run the business in best possible manner. But for successfully operation of your business you should keep your financial records for years as the department of bookkeeping services manages official audits for every single year and if they find something fishy then they may terminate your license.