Economic Project

Contents

Introduction

Business Registration

~Meaning

~Registration Procedure for Sole Proprietorship and Partnership

~Registration Procedure for Limited Company

~Registration Procedure for Overseas Company

~Registration Fee and Levy

~Payment Methods

~Cancellation

Sole Proprietorship

~Definition

~Popularity

~Set-up process

~Advantage

~Disadvantage

~Reason of suitable for Small Business

~Examples

Partnership

~Definition

~Features

~Forms/Establish

~Liability

~General partnership

~Limited partnership

~Advantages

~Disadvantages

~Tax rate

~Dissolution and Termination

Limited Company

~Meaning

~Advantages

~Disadvantages

~Private limited companies

~Public limited companies

~Shares

~Procedures of Formation

~Taxes

Comparison

Conclusion

Working Table

Registration Procedure for Overseas Company

  An overseas company that commences to carry on business in Hong Kong before the procedure for registration with the Companies Registry has been finalized may still apply for business registration within one month of such commencement of business. For these cases, Form 1(b) should be submitted together with a copy of the Overseas Certificate of Incorporation (or its equivalent) and a certified copy of an English or Chinese translation if the original is not in English or Chinese.1

1 http://www.by-cpa.com/e/info/hk/br.htm

P.6