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미래전략 연구소2020-08-05T16:50:09+09:00

Hong Kong 2020 Application of Branch Registration Certificate

Date
2020-09-11 17:42

Application of Branch Registration Certificate

 

Pursuant to Business Registration Ordinance (Cap. 310), any person carrying on sole proprietorship or partnership business shall apply for business registration within one month of the commencement of such business. The Inland Revenue Department (IRD) will not accept the application if not commenced business yet.

 

For the branch business, a person/ corporate to be register with Business Registration office within one month after the commencement of the branch, the Business Registration Certificate normally valid for 1 year running from the date of commencement of business.

 

Fails to apply for Business Registration

 
  • If any person who fails to apply for business registration shall be guilty of an offence and shall be liable to a fine of $5,000 and to imprisonment for 1 year.
  • Any person who applies for business registration more than 12 months after the commencement of business has to pay:
  1. business registration fee and levy for the current year; and
  2. any business registration fee and levy for back years under section 7(3) of the Business Registration Ordinance.