To reinforce safety of personal data privateness, with outcome from 1 November 2021, applicants for certified extracts of knowledge of sole proprietorships or partnerships on the Business Sign-up are needed to provide their particulars and also to declare that: the data acquired from that application will only be useful for pursuits concerning ascertaining whether or not the relevant business is registered underneath the Business Registration Ordinance (Cap. 310) as well as the particulars of that business so registered; and

On top of that, the new need for businesses to confirm and sustain up-to-day info on helpful possession By the use of maintaining an important Controllers Register was executed on a similar working day.

You'll be able to receive possibly a Qualified duplicate or simply just a duplicate of a valid BRC or perhaps a branch registration certificate of a business or branch through the Business Registration Office environment. You could apply via GovHK () and spend the prescribed payment.

Licensed copies or duplicates of legitimate BRC in respect of LPFs registered underneath the simultaneous business registration software services or alterations of LPF particulars transmitted from the businesses Registry will Generally be accessible for software two Doing work times following the day of registration, or the date once the changes were being recorded, as the situation could possibly be.

Shipping of annual return by a community organization or perhaps a assure firm in respect of the organization’s economic yr that commences on or right after 3 March 2014 need to company formations online adjust to The brand new requirements under the new Firms Ordinance (Cap.

The Digital extract can also be considered on display and downloaded Anytime throughout the up coming 7 calendar days from your day of productive application.

This short article cuts in the complexity and straight explains what a BRC is, the best way to secure a person, and also the obligations for keeping it. Keep knowledgeable to ensure your business remains on the ideal facet in the legislation.

Punishments are usually not by any implies, the one hazards that accompany resistance. Your business will probably believe It truly is difficult to report evaluation forms, which could even necessarily mean a far more regarding situation with IRD.

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The BRC is a formal doc that features detailed specifics of the business and is particularly a mandatory need in Hong Kong for organization registration, obtained soon after registering your business Using the Business Registration Workplace. The importance of getting a business registration certification as Portion of productive organization incorporation inside the stipulated timeframe cannot be overstated.

Then There may be your agency willingness in displaying support on how most effective I might be helped to grasp what is expected of me. Mr James Burns

Quite simply, your first corporation accounts should be submitted inside 21 months of your date of incorporation. This deadline is about by Businesses Household.

Also, failure to adhere to BRC rules might have a considerable impact on your business’s performing and could result in the forfeiture of business prospective buyers being a consequence of penalties and fines.

Usually, you don’t must sign-up with county or town governments to really type your business.