Business Registration Hong Kong Renewal

If no demand notice receive the company has to within one month since its expiry date notify the commissioner of the inland revenue department.

Business registration hong kong renewal. Valid business registration certificate. One of the most exciting thing in regards to hong kon it s the fact that almost all government requirements and payments might be done online. Profits tax is payable by every company carrying on a trade profession or business in hong kong on profits arising in or derived from hong kong from that trade profession or business.

The demand note will be issued approximately one month before the expiry date of the current brc. Hong kong requires that all businesses file an annual tax return on their profits with the hk inland revenue and undergo an annual accounts audit performed by an independent cpa. The business registration fee for a business currently is hkd 2250 per year and the late renewal penalty fee is about hdk 300 and can increase with time and a court prosecution.

We are going to talk about the fees and levy of the business registration certificate. By post you should send a photocopy of your old business registration certificate with a crossed cheque made payable to the government of the hong kong special administrative region to the business registration office. Approximately 1 month before your business registration certificate brc expires the business registration office will issue a business registration renewal demand note and will send it to you.

The business registration certificate is due for one of the hk renewals around one month of its expiration date. If there is no settlement after the expiry date a penalty fee of hkd 300 will be charged. Business registration certificates for 3 years.

The business registration is due for renewal around one month before and after it is expired. Before you decide not to pay the business registration certificate renewal fee hk 2 250 you should know what the consequences are. One stop company and business registration.

Renewal of business registration. According to inland revenue department. The registered business needs to apply to the business registration office for a renewal demand note which will be sent to the address on the brc by the business registration office.