Malaysia Hotline: +603- 2141 8908
If a
company incorporated outside Hong Kong establishes a place of business in Hong
Kong, it must register with the Companies Registry as a ‘Non-Hong Kong Company’
which bears the info of the parent company.
What is Branch?
Branch
office in Hong Kong is a legal entity registered with the Company Registry,
this is treated as an extension of the parent company, the company must be a
Hong Kong registered company. Since Branch Office is not a separate legal
entity in its own right and as such the parent company is responsible for all
the debts and liabilities of it. A Branch must obtain a Certificate of Business
Registration for business activities, the responsibility of tax filing is held
by the parent company.
Usually,
a retail business investor opens a Hong Kong company for buying goods and opens
retail stores as Branch to sell them. Buying and selling are business
activities, thus this company and every store must obtain a Certificate of
Business Registration itself, but the retail stores do not need to handle tax
filling as it is handled by the parent company.
What is Representative Office?
For
oversea company going to run business in Hong Kong, setting up Representative
Office is a good choice (the other choice is incorporation of a Private Limited
Company). The oversea parent company bears implicit liability for its
Representative Office activities. A Representative Office cannot engage in
profit making activities and is not treated as a legal entity. It cannot sign
or enter into any contracts, sign deals on behalf of the company, raise
invoices or letters of credit nor engage in trading activities. Usually, a
Representative Office has to restrict itself to promotion and liaison
activities, undertaking market research and co-coordinating activities on
behalf of the parent company. In addition, a Representative Office usually has
foreign managerial personnel and locally appointed support staff.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my