One have to go through some challenges when starting up a company but there are 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. The registration process can be time consuming and expensive especially for people starting business far away from home. Company opening agencies who do all the registration paperwork for the client at a fee have made the registration process very easy.
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.
The company formation agencies in Hong Kong also provide virtual offices for their clients. The agencies provide the virtual offices because the government requires all limited companies to set up offices in Hong Kong and hire secretaries. The need of renting an actual office and hiring a secretary is banished by the availability of virtual offices. Consultation agencies such as Asia Explore can enable you to have a virtual office with a registered address. The cost of a virtual office and secretary are can be kept low because the secretary and the office can be used by multiple companies.
Opening up a company in Hong Kong don’t need your physical presence. 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. Asia Explorer Consultancy will also be helpful during this process because they can write the business proposal for you. The company formation agents can do the bank account application for you before you come to Hong Kong for the actual account opening. You can also enjoy additional services such as accounting and auditing services from some of the agencies.