It can be stressing and challenging for those starting up a company but they expect 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. You can use a lot of time and resources when starting up a new business especially when you are opening the business in a foreign country. 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.
Most people from all over the world prefer opening their businesses in Hong Kong. The cheap, simple and fast process of opening a limited company in Hong Kong is the main reason why many people prefer opening businesses there. The taxation system in Hong Kong is also very simple and cheap for all types of businesses. It is not necessary to live in Hong Kong for you to open and run a business there no matter where you come from. You can get consultancy services in company formation and registration as well as management from company registration agencies like Asia Explorer Consultancy company.
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. With the help of virtual offices, you don’t have to rent an office or hire a secretary. 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. 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.
Opening a multi-currencies business bank account in Hong Kong is the only part that require your physical presence. You can get an added advantage of having a business proposal that is a requirement during the bank registration process done for you by the Asia Explorer Consultancy Agency. The company formation agents can do the bank account application for you before you come to Hong Kong for the actual account opening. Some of the agencies can also give additional services in accounting and auditing.