Starting up a new company can be strenuous and challenging but it has its financial rewards in the future. There are a lot of documents needed in the registration process some of which we may not understand their use making the process of starting a company challenging. For people starting a new company in another country,the registration process can consume a lot of their time and money. Nowadays, it is easier to open a new company because of the emergence of company opening agencies which do all the paper work on behalf of the client at a fee.
Most people from all over the world prefer opening their businesses in Hong Kong. The reason why people prefer Hong Kong to other areas is its simple, fast and cheap process of opening a limited company. The taxation system in Hong Kong is also very simple and cheap for all types of businesses. Anyone from anywhere in the world can open and run a business in Hong Kong without necessarily living there. Company registration agencies like Asia Explorer Consultancy company can help in the company formation and registration process as well as the management of the business.
You can also get virtual offices in Hong Kong through the help of company formation agencies. The agencies provide the virtual offices because the government requires all limited companies to set up offices in Hong Kong and hire secretaries. The virtual offices enable clients to eliminate the cost of renting an office and employing a secretary. Consultation agencies such as Asia Explore can enable you to have a virtual office with a registered address. The fact that the secretary and the office in virtual offices can be used by different companies enable their cost to be cheaper compared to renting an office.
You don’t have to go to Hong Kong to open the company. You don’t have to be physically present to open a company in Hong Kong. You can explain all you want about your company by email or phone to the company formation agencies in Hong Kong and send them the registration fee money via PayPal or bank transfer. The agencies will start the registration process and they can send the document to your home for signing through carrier services which you send back to them after signing.
The only part that can require your presence in Hong Kong is opening a multi-currencies business bank account. You can get an added advantage of having a business proposal that is a requirement during the bank registration process done for you by the Asia Explorer Consultancy Agency. The company formation agents can do the bank account application for you before you come to Hong Kong for the actual account opening. Some agencies can also give you accounting and auditing services.