Starting up a new company can be strenuous and challenging but it has its financial rewards in the future. The registration process when starting a new business makes the whole process challenging because it requires a lot of documentation some of which we may not understand their use. 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.
Hong Kong is one of the most preferred business destination in the world. Many people prefer opening businesses in Hong Kong because opening a limited company there is simple, fast and cheap. Another reason is the cheap and simple taxation system for all types of business. 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.
Clients of the company formation agencies can also enjoy the services of virtual offices they provide in Hong Kong. It is necessary for the agencies to provide virtual offices because the Hong Kong government have put a regulation for all limited companies to have an office with a secretary in Hong Kong. The virtual offices enable clients to eliminate the cost of renting an office and employing 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.
Opening up a company in Hong Kong don’t need your physical presence. All that you need for your company can be given to the agency through phone or email conversations and the registration fee sent through 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.
The only process that can require your physical process is opening a multi-currencies business account in Hong Kong. Asia Explorer Consultancy will also be helpful during this process because they can write the business proposal for you. Before you go to Hong Kong to open the business account, the company formation agents can do the bank account application for you in advance. Some agencies can also give you accounting and auditing services.