What are the Disadvantages of a Limited Company?

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Limited Company A limited company has several disadvantages, such as: Publicity: a company is required to disclose certain information to the public by filing returns with the Companies Registry, such as: – Personal particulars of shareholders – Personal particulars of directors – Company secretary – Transfer of shares – Capital structure – Annual Accounts Expenses: There are the expenses of …

What are the Advantages of a Limited Company?

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Limited Company A limited company has several advantages, such as: Limited liability: the liability of the shareholders for the company is limited to the amount of their respective shareholdings. If the company collects a lot of debt and is unable to pay it back, they may wound up the shareholders so that the assets owed by the company will be …

What is a representative office?

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When an overseas company, a company that is not incorporated in Hong Kong, establishes a place of business in Hong Kong, that is a representative office. The establishment of representative offices in Hong Kong by an overseas company is governed by Part XI of the Companies Ordinance.  Many companies will create a representative office when they don’t want to create …

Step 3 of Setting Up a Hong Kong Limited Company

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Business nature on the Business Registration Certificate (BR) →please briefly describe your business e.g. trading / consulting / service / holding →the description cannot exceed 60 characters (including spaces) →we will put “TRADING & CONSULTING” as business nature on BR unless otherwise specified If you need some support on company incorporation, please feel free to contact us at sales@centreo.hk for …

Step 2 of Setting Up a Hong Kong Limited Company

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Please provide below company structure details by email: 1. Director(s) and Shareholder(s): →passport copy →residential address proof – e.g. valid ID card / driver license / utility bill or bank statement showing full name & residential address (issued in recent 3 months) 2. Issued shares to each shareholder and consideration paid: →please state the number of shares per shareholder (e.g. …