Open a Company Registration and a Business Number – How to Open a Business in Hong Kong

To open a company in Hong Kong, you will need to fill out an Application for Hong Kong Company Registration and an Application for a Business Number. You can also request an Application for a Business Number if you want to change the business address of your company.
You can open a Hong Kong business through the establishment of a Hong Kong Company Registration and Bank Account. It is also referred to as a Hong Kong Limited Liability Company (LLC). You are legally allowed to set up such a business, as long as you meet all the legal requirements.
There are some essential requirements that you have to meet for you to be able to open a Company Registration and bank account in Hong Kong. These are:
You have to have the consent of the Director of Companies that approves your application for a Company Registration, and a company will not be opened until this consent has been received. The Director will send out all the necessary documentation so that you can prepare and submit it to establish your company in Hong Kong.
The company will then be registered and will have to pay the fees and other administrative expenses associated with establishing a company. You will be asked to pay the necessary annual registration fee.
Once you are satisfied with the above requirements, the company registration is valid. After all these requirements have been fulfilled, you can open your business in Hong Kong.
A business can only open a Hong Kong company in the name of the person who owns it. A person who is not an owner of the company cannot open an account in his name. You have to make sure that the name and address of your company in Hong Kong are legally correct. Make sure that all the names and addresses in the documents are the same as the ones stated in the original application.
Once you have all the documents together, you can fill out your company application in a book that you have to establish company in Hong Kong. Make sure that all the information given to the company registration agency is accurate and complete.
It is vital to fill out an application form carefully because this form is what the company will be used. The application form will be returned to you in the form of a proof. If you make any mistakes in filling out the application form, you might have to resubmit it. You have to submit the application form to the authorized company at the correct address, or you might have to apply again.
Your application form will then be analyzed, and it is either accepted or rejected. If the application form is approved, then you will be sent a receipt. Your application form is then valid, and you can now open a Company Registration and a business number.
To have your business opened in Hong Kong, you will have to open a bank account in the name of your business. Once you have an account, you can operate your business from anywhere in the world, as long as you have a valid business address in Hong Kong.