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

~Advantages

~Disadvantages

~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

Introduction

Everyone deals with business firms on a daily basis. People buy goods from firms and also work for firms. Our lives are constantly intermingled with business firms - as buyers of goods or as sellers of our labour services or as both. Even though we deal with business firms daily, most of us probably know little about them.
 

For this reason, we are going to introduce the three different form of business ownership. Sole Proprietorship, Partnership and Limited Company. Furthermore, to learn more about the set-up procedures of those three different form of business ownership, we will also illustrate the business registration in Hong Kong.

P.2