• 1. Reason for choosing us as your business partner

    Answer:
    Our talented and motivated staffs offers the most cost effective and one-stop solutions our clients from different industries. We are specializing in Auditing, Accounting, Taxation, Company Secretarial services and Business Consultancy services. Our objective is acting as a business partner to our clients and using our professions to assist them to face challenges.

    2. Liquidation / Dissolution / Deregistration

    Answer:
    In pursuant to section 291AA of the Companies Ordinance, Hong Kong limited company (including dormant company) which has ceased its operation and is solvent may apply to the Companies Registry for deregistration. An application for deregistration must be accompanied by a Notice of No Objection (NNO) issued by the Commissioner of Inland Revenue. Non-filling of returns to the Company registry may be penalized. Our firm provides services on company deregistration including drafting company’s minutes and respective forms and documents, minutes, application for a notice of no objection for de-registration and filing the application for the company de-registration to Company Registry.

    3. Who are eligible to apply for business deregistration?

    Answer:
    •The company (without outstanding liabilities);
    •Shareholders or directors of the company.

    4. Companies may apply deregistration subject to the following conditions

    Answer:
    •All shareholders agree to the deregistration;
    •The Company have not commenced its business or the business has been closed three months before the application of the deregistration; and
    •The Company does not have any outstanding liabilities.
    •The Company have a Notice of No Objection (NNO) issued by the Commissioner of Inland Revenue

    5. Setting up of Hong Kong Company (Incorporation)

    Answer:
    In Hong Kong, most popular forms of business are as follows:
    •Branch of Overseas Companies
    •Private limited company
    •Association / Non-profit organization
    •Sole Proprietorship
    •Partnership

  • 6. How should I go about the setting up?

    Answer:
    •Tailor made limited company approach: (limited by shares / guarantee) Our firm will examine your business activities, Structure of organization and clause in the Articles of the Association, and advises you on the most tax-efficient way to structure your operations.
    •Shell Company: (limited by shares / guarantee) The shelf company is a company that was created and left with no business activity. Clients may design the brand name of the company and we will assist you to do the establishment and request a declaration letter to confirm the existing company is clean and had no business activity since its incorporation. You can run your business immediately after acquisition or take over.

    7. Setting up in Offshore Company

    Answer:
    The British Virgin Islands (“BVI”) is a most preferable offshore financial centre which located in the Caribbeanto northwest of Antigua for setting up an offshore company in Hong Kong. Though an International Business Corporation (IBC), the privacy of a BVI company is wholly controlled assets. Our firm specified in setting up BVI Company.

    8. Procedure of formation a Limited Company

    Answer:
    1 Clients fill in the application form and then faxes or emails to us with Identify Card or Passport copies of proposed shareholders, directors and company secretaries;
    2. We the client in order to confirm all required information has been provided;
    3. The proposed company name will be checked with Company Registry whether it is accepted;
    4. Documents required will be prepared after receiving HKD3,000 deposit;
    •Both Cash and bank transfer will be accepted for your convenience;
    •For bank transfer, please deposit to BEA#015-174-40-019134;
    •Clients noted the name of your company in the Bank receipt and fax it to 2338-4287;
    •Documents will be prepared within one working day after the collection of required documents.
    5. Clients come to our office to sign the documents, or instructs us to send the documents to the designated place for their signatures (courier fee should be borne by customers if documents sending outside H.K.), and then pays the fees by cheque or cash;
    6. We will submit the required documents and fees to Companies Registry for application;
    7. Certificate of Incorporation will be issued by the Companies Registry within 5working days;
    8. Certificate of Incorporation will be issued within 5-7 working days. After receiving a Certificate of Incorporation, we will prepare the company kit (Green Box); Clients will be notified to collect the Certificate of Incorporation, Business Registration and Company Kit (Green Box);
    9. Client could open the bank account with minutes and Certified True Copies of all relevant documents.

    9. BVI Business Companies Act 2004 allows the company to:

    Answer:
    •Attractive for restructuring of companies and funds;
    •Set up their establishment in the “BVI” without necessity for reciprocal arrangements in its original country of incorporation;
    •Enjoy benefits of zero tax for incomes;
    •Permitted to hold shares in other BVI Company;
    •Be possible for single shareholder
    •No audited financial statements or Annual general meetings are required