Hong Kong Inland Revenue Department Announces Decrease in Business Registration Fees

Online, April 29, 2012 (Newswire.com) - The Hong Kong Inland Revenue Department has just announced that they are decreasing the business registration fee from 2000 HKD to 0 HKD. When you take into account the Hong Kong Levy fee of 450 HKD and the total incorporation fees of 1720 HKD (or 300 USD), the total fees for incorporation have gone down from 4170 HKD to only 2170 HKD. Now that business registration has been made even easier and more affordable, there is no better time to start a corporation in Hong Kong than it is now.

On the other hand, Startupr is committed to providing the fastest Hong Kong business registration possible and the company extends their capabilities and strives to protect that reputation. From the time Startupr receives notification from HSBC about the payment from our customer, it takes us five minutes to verify that payment, another five minutes to do the registration, and another five to ten minutes to receive notification from the Company Registry that the company has been registered, at which point you can actually start using the company.

It usually takes 50 minutes for the company to be officially approved. When the Companies Registry does process your registration, they will send you (as well as Startupr) the Business Certificate and Incorporation Certificate. The following morning, you will be provided the other required business documents, like the Share Certificate (NC1), Business Certificate, Incorporation Certificate, Memorandum and the Articles of Association (M&A). Please note that Startupr cannot vouch for the processing times of the Company Registry, the Hong Kong post office or DHL.

The greatest thing about our incorporation service is that it can all be done online. You do not need to be a resident in Hong Kong, or even to visit to start and manage a business there. Startupr knows all the requirements that have to be localized in Hong Kong, and has familiarized itself with them in such a way that it can now handle all these requirements in-house. The process has been optimized so that our clients would be able to register and manage their businesses remotely.

Startupr will support your Hong Kong business all the way, from inception and registration, to daily operations. Before you even do business with us, you can get free startup formation advice in our blog, including the Hong Kong business registration process, incorporation requirements and a link to the Cyber Search Center. Startupr will handle the entire incorporation process for you quickly and meticulously. If you use our services, all you will need to do after giving us your information and providing payment is wait for when we tell your company has been registered, and you will not have to wait that long. Startupr also offers additional services to help meet business requirements at registration, as well as to stay compliant annually.

Startupr is an international e-commerce company, offering incorporation services for businesses aiming at worldwide markets. A recognized leader in efficient, low cost services, its main focus is on start-ups with global ambitions.