What is the difference between a ready-made Hong Kong company and a new registration?
With the deep integration of economic and trade exchanges between the Mainland and Hong Kong and the further enhancement of the internationalization of mainland enterprises, many mainland enterprises take Hong Kong as an important platform for internationalization, and operate in Hong Kong through the establishment of new companies or the acquisition of Hong Kong companies. Nowadays, when many enterprises are in urgent need of a Hong Kong company to operate their business, some of them will choose to directly acquire a ready-made Hong Kong company.
So what is the difference between acquiring a Hong Kong company and registering a new Hong Kong company?
Difference between acquiring an existing company and registering a new company
1. Name: the name of the newly registered Hong Kong company can be drawn up by yourself, the name of the ready-made Hong Kong company has already been determined, but the name can be changed after the acquisition, as long as the name of the Hong Kong company provided name check through can be used.
2. Time: the time required to purchase the company is shorter, in the provision of complete information on shareholders and directors, within one or two working days, the company will be transferred successfully, can be immediately used for investment, the establishment of offices, financial leasing companies, and the new registration of the Hong Kong company is relatively longer.
3. Information: Whether it is the purchase of ready-made Hong Kong companies or a new registered Hong Kong company, the information obtained after the completion of the process is the same, the difference is that ready-made Hong Kong companies will be more than a transfer of documents and change of shareholders and directors of the document.
4. Costs: Acquisition of general ready-made companies than the registration of a new Hong Kong company costs less, can save a lot of points, especially this year, after the adjustment of the official fees, resulting in the registration of Hong Kong companies to increase the cost.
Ready-made company operating costs, there are also some concessions: such as the second year of government fees down, but also enjoy the following year's annual review concessions.
Who needs to acquire a ready-made Hong Kong company
Who usually acquires a ready-made company in Hong Kong? Listed below are the three main types of people that are commonly encountered:
1、foreign trade SOHO urgently need an offshore account to collect foreign exchange, and the acquisition of an on-site Hong Kong company, is the fastest choice.
2、the need for a Hong Kong company in the domestic office, because the first requirement in the Hong Kong company in the domestic office, is the Hong Kong company must be full two years.
3、with a Hong Kong company in the domestic direct investment, registered a Hong Kong-funded enterprises, this situation is also required to have a Hong Kong company for more than two years.
In the process of trade activities, some business is the need for company qualifications, the newly registered company can not meet the demand, usually in this case the enterprise will choose to acquire ready-made Hong Kong companies.
In the event of an acquisition, the following should be noted
Many people are worried about the risk of acquiring a ready-made company in Hong Kong. In fact, there is no need to worry too much, many ready-made companies in Hong Kong are pre-registered by professional agents for investors to acquire, but you need to pay attention to the following matters:
1、Verification to confirm the authenticity and validity of the company's certificate of incorporation and business registration.
2、The current status of the company.
3、whether the company has outstanding debt disputes.
4、the company's annual audit in the past years have not been processed on time.
5、whether the company in the past years on time to do the audit of the accounts and tax returns, as well as the specific circumstances of the tax declaration.
6、whether the company has outstanding administrative work, such as court summons, litigation, etc..
7、whether the company has opened a bank account, if so, whether the account has been involved in illegal trading activities.
Hong Kong company has the advantages of simple information, fast registration process, easy follow-up management, business scope without too much restriction, freedom of collection and payment, etc. Whether it is re-registration or direct acquisition of ready-made Hong Kong company, it is a good choice.
