About Company Registration Services and More

Right from the time the first brick of your business had been laid, you had dreamt of going “global”. Going global is not about expanding your business beyond national frontiers arbitrarily- just because – right now- you think you can do so. Going global entails a more prudent approach towards your goals. 

Adopting the Right Approach towards Setting up a Business in a foreign land

It is about realizing what the right avenues are and capitalizing on them. You just cannot go on to set up an establishment in a foreign country just because it is a technologically or commercially advanced nation. You have to figure out whether there is a point in setting up “your” business there or not- whether there’s a place for the kind of business you’re running at present or not.

Hong Kong, for instance, remains one of the most noted business centres around the globe. And, there are several reasons for the same. Thanks to their advanced technology and overall congenial business policies, businesses of diverse scales and nature have gone on to explore opportunities here.

However, setting up your company in a foreign land is tougher than you think. There are several factors to be kept in view. Read on to discover. 

The primary reason behind Hong Kong’s emergence at the global commercial forefront is its open market system – where little or no government intervention exists. Thanks to the freedom of operations existing here, the country’s competitive commercial environment is only getting better day by day.

Hiring Company Registration Services in Hong Kong

However, in order to make the most of the benefits offered by the country you need to set up your business there and for that you would require hk company registration services. Needless to say, you would want to outsource your registration needs because that takes a lot of burden off your shoulders. You know that there is a local company well-versed with the business laws of the country (i.e. Hong Kong) taking care of your regsitration needs. All the documentation needs are met successfully in order to ensure you a hassle-free run at a foreign land. 

It will ensure that the particular business license sought by you is issued to you without you having to run from pillar to post.

A Private Business License is issued by Companies registry of Hong Kong (operations unders Hong Kong Company Law). With this license the company is recognized with the following features:

     Ø  Private in Nature

     Ø  Legal Separate Entity

     Ø  Limited Liability

These companies are different from companies holding Public Business License. The debentures or shares here cannot be issued to the public. The number of sahreholders is limited to 50 and their shares cannot be transferred freely.

Companies with Pulic Business License has unlimited number of share and debenture holders and their shares can be transferred freely without restrictions.

Aging Businesses are those that have no third liability. Its annual records are with the Companies Registry of Hong Kong and Hong Kong Ireland Revenue Department.