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. 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.
Hong Kong is one of the most preferred business destination in the world. The reason why people prefer Hong Kong to other areas is its simple, fast and cheap process of opening a limited company. Another reason is the cheap and simple taxation system for all types of business. It is not necessary to live in Hong Kong for you to open and run a business there no matter where you come from. 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.
Clients of the company formation agencies can also enjoy the services of virtual offices they provide in Hong Kong. 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. All you have to do is consult an agency like Asia Explore who can give you 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.
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. Email conversations or phone calls can be used when explaining your intended business properties to the company formation agencies in Hong Kong and the registration fee sent through 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. The business proposal that is a requirement in the bank registration process can be completed with the help of Asia Explorer consultancy Agency. Before you go to Hong Kong to open the business account, the company formation agents can do the bank account application for you in advance. Some agencies can also give you accounting and auditing services.