Special Types of Business

Sole Proprietorship Company

Sole Proprietorship Company is an individual company without separate entity status. It is unlimited liability to the owner. It is suitable for a mall businessman, and especially for local residents. It allows foreigner to register in case that they can arrange a local agent to handle all the tax affairs. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes several days.

Partnership Company

Partnership Company is a joint arrangement without separate entity status. It is unlimited liability under the partner name. Also in case one partner incurs liability and cannot pay the fees, it will be the second partner to bear all the remaining liability. It is suitable for professional business. The name is common like Chan and Chan Company, and especially for local residents. It allows foreigner to register in case that they can arrange a local agent to handle all the tax affairs. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes several days.

Public Limited Company

Public Limited Company has separate entity status. It is limited liability which is by shares. Under Company Law of Hong Kong, a company will become public companies if by their constitutions that they will not restrict the right to transer the shares; they will not limit the number of shares to 50; and they will not prohibit any invitation to the public to subscribe for any shares or debentures of the company. The main advantage of being a public limited company is that the existing members of the company can invite the public to subscribe for any shares through a variety of ways including media without limit. It is suitably for business to grow up in size, probably from privated limitd company into public limited company; or for the investor who has a huge project and in need of huge funds. The investors can be overseas person. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes several weeks.

Association or Club Association

Association or Club Association is similar to Sole Proprietorship Company that the founder is an individual without separate entity status. It is unlimited liability to the founder. It is suitable for non-profit organization or centers who provide services to community’s. It allows foreigner to register this type of Association in case that they can arrange a local agent to handle all the tax affairs. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes severl days. The registration process will takes several days.

Limited Association

Limited Association is similar to Association or Club Association but with limited liability and enjoy separate legal entity status. It is formed by limited liability by guarantee. It is suitable for non-profit organization or centers who provide services to community’s. It can launch donations through public, but the funds are subject to Hong Kong tax if the funds are collected inside Hong Kong. It allows foreigner to register this type of Association in case that it is better they can arrange a local agent to handle all the tax affairs. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes several weeks.

Charity License with tax exemption status

Charity License is similar to Limited Association that it enjoys separate legal entity with limited liability by guarantee. It provides charitably activities to the community. It also grants Tax Exemption Status through Hong Kong Tax Department, so if the charity launch donations through public, the funds are legal tax free. It must show it has a established office in Hong Kong. It allows foreigner to register this type of charity however as it becomes a complicated case it is better they can arrange a local agent to handle all the tax affairs. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay. The registration process will takes several months.

Remittance or Money Changes Business

Remittance or Money Changes Business is a special license which is issued for the purpose to engage in remittance or money changes business. It can be a sole proprietorship business, partnership or private company limited which is commonly formed for this purpose. The key consideration is that the key management personnel must have a good character which is defined by Law of Hong Kong. It means the person has no crime record, and having good character. It must show it has an established office in Hong Kong. However, the remittance or money change business can be done outside Hong Kong, if so you do enjoy legal tax free. This license is issued through process of Hong Kong Customs Office. The registration process will takes several months.

Money Lending License

Money Lending License is a special license which is issued for the purpose to engage in money lending business. It can be a sole proprietorship business, partnership or private company limited which is commonly formed for this purpose. The key consideration is that the key management personnel must have a good character which is defined by Law of Hong Kong. It means the person has no crime record, and having good character. He must show that he has engaged in such business before either as employees in Hong Kong or outside Hong Kong or through other companies or related businesses in Hong Kong or outside Hong Kong. It must show it has an established office in Hong Kong. However, the money lending business can be done outside Hong Kong, if so you do enjoy legal tax free. This license is issued through joint process of Hong Kong Police Force as well as Hong Kong Company Registry. The registration process will takes several months.

Clear Aging Trading/Services Company

We have aging companies over past years in our stock with proved historical formation, renewal as well as tax filing records as well as approved auditor reports documents. They are all clear and with no liabilities. The date of appointment of director and shareholder can also be dated back to the date at the date of the year you acquire the company. The name can also be changed according to your proposed names of application. As it is special in nature, we will quote a fee in case by request contact. So if you need to register this type of business, please contact us without delay.