Can Bonafide Non-Hong Kong Residents Have Their Own Local Limited Company?


Posted April 25, 2017 by Ramiro93

Yes, it is possible. Bonafide non-Hong Kong residents have every chance to incorporate a local limited company in the city, even if you were not born here or stand out as a native.

 
It is worth mentioning that a few years ago, people were allowed to state a Sole Trader Firm in Hong Kong, even if the person did not own a Hong Kong resident permit. But time has changed and the rules too. Presently, if you are not planning to stay in Hong Kong, you cannot open a Sole Trader Company, however, you can start with your own Limited Company. By all means, you can go to Hong Kong and open a company of your own legally but for that, you require to have an office and a secretary in Hong Kong.
Having said that, still, you don’t need to worry about hiring an office and a secretary because there are a large number of agencies which provide these services to the people who wish to have a setup company in Hong Kong for around HK$5,000-6,000 per year. These companies afford to keep your running cost low as the same persona will work as a secretary for several similar companies. Again, same is the case when it comes to having an office. Many companies can share the same registered office address.
Additionally, you can start your own company even if you are not travelling to Hong Kong as paper registration and E-registration are both allowed here. One can converse the company and other details by phone or email with the permit and visa service providing agency that you have chosen, like Lik Tin Century Group, refer all the necessary documents like personal bank reference letter, personal resume, previous or existing employment contract, working attestation and professional certificates by email, can pay by PayPal services, bank transfer or credit card. You can receive the final documents at your correspondence address and then courier the copies later. If all the papers are valid and your intent attractive enough, you will get the opportunity to be an entrepreneur in Hong Kong.

About the Company:

Lik Tin Century is a leading and a trusted visa application center in Hong Kong, offering translation services, visa services, auditing, set up companies, tax consulting, company secretarial services, trademark registration, corporate finance and Hong Kong planning. Lik Tin Century has its own in-house team of expert translators who are efficient enough in their own respective languages, along with a strong network of consultants, translators and localisation experts who are specialists in their native languages to translate the documents and communicate in the most efficient manner.

Contact Details
Hong Kong
http://www.ltgroup.com.hk/
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Contact Email [email protected]
Issued By Ltgroup
Website Ltgroup
Phone (852) 3520 2145
Business Address 3/ F, Jianquan Building, 18 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong
Country Hong Kong SAR
Categories Technology
Tags company formation hong kong , setup company in hong kong , visa application centre hong kong
Last Updated April 25, 2017