Shenzhen EnterpriseRegister a Hong Kong company，Common concerns usually focus onBank account opening、Follow-up maintenance、annual fee、Business scope、Mainland investment and pass arrangements, etc.。We combine high-frequency practical issues in the enterprise management process，Summarize the following key points，Help enterprises make compliance and operational planning before establishment。
How to open a bank account after establishing a Hong Kong company?
After the establishment of the Hong Kong company，You can choose to open a bank account in Mainland China or Hong Kong according to your corporate business arrangements。Different account opening locations have different requirements for information and director presence.。
Open an account in Mainland China
Enterprises need to bring a complete set of legal documents for Hong Kong companies，All directors of the company must bring their ID cards or passports to the bank to go through the account opening procedures.。
Open an account in Hong Kong
Businesses usually need to prepare all legal documents of the company，And all directors should bring their ID cards or passports、Hong Kong and Macau pass or visa、Proof of address of directors、Business development plan or business transaction certificate and other information。Before opening an account, you need to make an appointment with the bank manager about the time and place for opening an account.，Then go through the account opening procedures as required by the bank。
How does a Hong Kong company conduct follow-up management every year?
After the establishment of the Hong Kong company，Annual declarations need to be made to the Hong Kong government in accordance with regulations every year.、Tax declaration and other matters。We will proactively remind customers at relevant time points，And assist in handling corresponding procedures after obtaining customer confirmation，Ensure the company’s ongoing compliance。
If the company needs to increase its registered capital、Change company name、Adjust shareholders or directors, etc.，Company information changes can also be handled with our assistance。Customers only need to provide the new company name、Relevant information of new shareholders or new directors，We will take care of the rest of the process。Normally，Relevant procedures can generally be completed within 15 working days。
What fees does a Hong Kong company need to pay every year after its establishment?
The main annual expenses of Hong Kong companies usually include two categories:：annual reportcost，as well asAccounting and auditingRelated fees。
- Annual review and annual report fees：Fees related to the annual review of the Inland Revenue Department and the annual filing of the Companies Registry are fees that must be paid every year，The amount will change according to the policy adjustments of the Hong Kong government。Even if the company does not have any business happening，This part of the fee must still be paid。
- Accounting and auditing fees：If the enterprise has started operations and generated business，Accounting and auditing must be carried out；If the enterprise has no business,，Usually no accounting audit is required，However, tax filing is still a compliance obligation that must be fulfilled。
Are there any restrictions on the business scope of Hong Kong companies?
Hong Kong is one of the freest trading ports in the world，In principle, there are no excessive restrictions on the business scope of Hong Kong companies.，Enterprises can operate businesses of various natures。
Common business types include：
- Finance and Investment
- healthcare
- Shipping
- Import and export trade
- real estate
- architecture
- decoration decoration
- information network
- Clothing and Textile
- travel
- Cultural publishing
Many small and medium-sized enterprises do not clearly state the specific business scope when registering a Hong Kong company.，to avoid limiting future business to a certain scope。But companies still need to pay attention，Very few industries need to apply for separate business licenses，For example a bank、insurance company、Finance companies and security companies, etc.。
Can a Hong Kong company set up a wholly foreign-owned enterprise or joint venture in the Mainland after its establishment?
After the establishment of the Hong Kong company，You can apply to establish a foreign joint venture or a wholly foreign-owned enterprise in mainland China。However, when approving foreign investment companies to establish wholly-owned or joint ventures, some provinces and cities，The company will be required to provide a credit certificate issued by the bank。
It should be noted that，Banks usually only issue credit certificates to customers who have opened accounts with the bank for more than half a year.。therefore，If an enterprise plans to use a Hong Kong company as the investment entity to establish a foreign-invested enterprise in the Mainland,，The bank account opening time and subsequent credit certification arrangements should be planned in advance.。
Directors or shareholders are often absent from Hong Kong，How does the company work?
If the enterprise’s business or investment is mainly carried out in mainland China or overseas，Directors or shareholders do not necessarily need to be in Hong Kong permanently。Enterprises can handle actual business in the mainland，Hong Kong companies can be used as holding entities or registered addresses。
Hong Kong has a relatively complete corporate legal system，Can provide legal protection for the rights and interests of company shareholders。For cross-border holdings、international trade、For enterprises aiming at overseas investment or brand layout，Hong Kong companies have high operational flexibility。
Can I directly apply for a Hong Kong permit after registering a Hong Kong company?
There is no direct relationship between registering a Hong Kong company in Shenzhen and applying for a travel permit to and from Hong Kong.。The Hong Kong Travel Permit is a quota-based pass set by the governments of China and Hong Kong through negotiation.，Relevant quotas are managed by relevant mainland government agencies，And allocate them according to the actual needs of the applicant。
therefore，In principle，Whether or not you own a Hong Kong company does not directly determine whether you can be approved for a travel permit to and from Hong Kong.。Before an enterprise registers a Hong Kong company，The company should be established、Business operations and personal entry and exit arrangements are planned separately，Avoid confusing the two。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
