The above package does not include accounting and tax filing services. That said, accounting and tax filing services can be provided subject to agreement of an additional fee. 3E Accounting will quote a fee following a review of the company’s accounting records at the end of the accounting period. The quoted fees will reflect the number of transactions entered into by the company and whether the records are complete and properly organised.
* This includes one set of CPA certified true copies of the company incorporation documents ( the Certificate of Incorporation, Business Registration Certificate, Articles of Association, Form NNC1, Company Particulars Search, and the Directors Declaration) requested by the banks for bank account opening purpose.
** 3E Accounting will provide complimentary guidance on the choice of bank (for the new company) based upon the intended business activity of the company as well as the client’s business background. Guidance and service include
- outlines what are the information client needs to provide to the bank
- provides a link to the banks website (for client) to submit their bank account opening application
- arranges their account opening meeting.
Please note that 3E Accounting will not review the client’s account opening application or supporting documents prior to submission to the bank. 3E Accounting will not attend the meeting with the bankers and all communication will be just between the bank and the client. The decision whether to open a corporate bank account is entirely at the discretion of the bank and cannot be influenced by 3E Accounting. 3E Accounting will accept no responsibility or any claim for loss should the bank decline or delay to open an bank account for your Hong Kong company.
*** The preparation and filing of “Form NAR1 – Annual Return” that has to be filed at the Companies Registry 42 days after the anniversary of the incorporation.
**** In Hong Kong, the Registered Office Address does not necessarily be the place where the company conducts its business activities. On top of that, the Registered Office Address is not limited to a commercial address. In other words, residential address could also be accepted as the Registered Office Address. However, residential premises will have to comply with regulations that are not for commercial use. If the residential address is rented, it is important to take note if the terms in the tenancy agreement allow its usage as a registered office address. The residential address must also be able to receive all communications and notices during business hours. Therefore, the company registry strongly recommend a company to use a commercial address as its registered address.
***** Kindly be reminded that there is no services available for setting up of a Company on a specific date. In the event of such request is being received, we will try our best to fulfill it on a goodwill basis. However, we shall not be held responsible for Any Loss or Damages incurred as a result of the setting up of the Company with a different incorporation date.
****** The Business Registration Fee will be renewed on an annual basis as the amount set by the government can vary yearly. For instance, the Business Registration Fee prior to April 2019 is set as HK$2,250 per year but with effect from April 2019, it is reduced to HK$250 per year.
******* We wish to highlight that CR may reject an incorporation application if the CR finds that the company’s name is similar or is an exact match to another entity, its use would constitute a criminal offence or it is offensive or otherwise contrary to the public interest. If CR rejected an application and you wish to resubmit another incorporation application to the CR with a new name, we could assist at another fee of HK$2,000. CR may on a case-by-case basis refund a partial amount of the incorporation fee usually within the next 2 months. Once we have received the refunded amount, we will assist to allocate the refunded amount into your deposit account to be maintained by us, which can be used to offset any future invoices. Alternatively, if there is proof that the existing company which carries the similar name is under the same group of the new company, we can assist to submit the explanation to CR for their consideration.