OPEN COMPANY HONG KONG

Establish a Branch in Hong Kong Updated on Saturday 23rd January 2021 Rate this article based on 11 reviews By Vlad Cuc, specialist in company formation matters The branch in Hong Kong is an extension of the parent company and it is one of the available methods through which foreign corporations can enter the Hong Kong market. The branch has a set of important advantages but also some particularities that need to be taken into consideration. Foreign business owners who want to expand their activities in Hong Kong have several options regarding the business entity. When deciding to establish a branch in Hong Kong, company owners should know that its main feature is that this type of business form is dependent on the foreign parent company. The main requirements for companies willing to open a Hong Kong branch are the following: - to present a valid Business Registration Certificate for the parent company, issued by the country where that business is registered; - to have a valid name in Hong Kong; this name check should be performed in advance as the branch will be named after the foreign company and it is important to know if the name if available; - to have a registered address in Hong Kong for a branch and also to appoint a branch representative. A branch is a form of doing business in Hong Kong that has several advantages, however, foreign business owners are encouraged to explore all existing business options, such as the subsidiary - the main alternative to the branch, or the representative office. Our agents who specialize in company formation matters in Hong Kong can give you all of the needed information about this type of business so that you can decide if the model suits your interests and if it will be suitable for the company’s purposes in Hong Kong.