Brilliant Business Centre (BBC) | Serviced Office | Virtual Office | Company Incorporation | me Self-Service-Platform | Hong Kong
Brilliant Business Centre (BBC) | Serviced Office | Virtual Office | Company Incorporation | me Self-Service-Platform | Hong Kong

Hong Kong Limited Company Incorporation for Foreigners

Trusted by over 25,000+ founders worldwide Trusted by over 25,000+ founders worldwide
4.8/5

Trusted by over 25,000+
founders worldwide

Effortlessly Setup and Maintain
your Hong Kong Company

Launch from 8 Premium Addresses
Launch from 8 Premium Addresses
Stay compliant from day one. Choose from 8 premium office locations in Hong Kong and we handle your registration and set up your bank account, so your company is established from the moment it launches.
In-House Accounting and Taxes
In-House Accounting and Taxes
Unlike others, we have a local, in-house accounting team who are Hong Kong business tax experts. We keep your books up-to-date, compliant and on time.
Corporate Secretary
Corporate Secretary
Never miss a filing deadline or government notice. Our secretary team manages everything in English or Chinese, so nothing gets lost in translation.
Virtual Office
Your All-in-One Business Platform
bbc ‧ me Self-Service-Platform One login. Everything your Hong Kong company needs, in one place. Our me platform is designed with you in mind to provide you with up-to-date notifications, details and solutions for all your business needs.
Records on mail & parcels received
Records on mail & parcels received
check out sender, recipient, forwarding agent info'
Mail to PDF
Mail to PDF
Read your mails / letters as soon as they come in
Parcel forwarding
Parcel forwarding
Have your parcel & mail forwarded to designated places
e-Fax service
e-Fax service
Faxes received will be saved in your account in PDF format
comply with all legal requirements
comply with all legal requirements
Important reminders on due date for filing statutory documents to meet compliance and avoid penalties
Service application and account management
Service application and account management
Check current service plan and apply for additional services with ease
Manage multiple accounts
Manage multiple accounts
Consolidate multiple company accounts under a single user account for closer management
Authorization
Authorization
Delegation is made easier than ever! Withdrawal is equally easy with just a click.
Online Documents
Online Documents
Check job status instantly e.g. BR registration / renewal
e-Client-Card
e-Client-Card
hassle-free recognition of your identity
Online Payment
Online Payment
Settle BBC bills via various means with ease
More handy functions
More handy functions
Waiting for you to explore!

Traditional or Virtual Banking, Your Choice

Opening a business bank account in Hong Kong is one of the hardest parts of incorporation,
but we have done the legwork for you.
Our banking partners include both traditional and virtual banks,
so you can choose the setup that works best for how you run your business.
HSBC
OCBC
Airwallex
Aspire
PayPal
Please note: The bank account opening service does not guarantee the success of the application.
The bank has the final decision on appointment arrangements and account opening.

Get Registered in 1 day

Either start on your own belows or contact us via Whatsapp for more details.
Government fee and all other fees are included in the total.
Same Price for Everyone
Fully transparent –
no hidden fees.
Money Back Garantee
Setup your Company or your Money back!
Predictable Low Costs
We raise fees only every few years
Please note: Prices of Plan G2–4 may vary depending on your choice of branch
HKD$ HKD$ HKD$
G1
For those have a HK
Registered Address
HKD$5,780
(All gov. fees included)
Apply
G2
Registered Address
is included
HKD$6,9007,560
(All gov. fees included)
Apply
Bestseller
G3
Comprehensive
Compliance Support
HKD$9,50010,150
(All gov. fees included)
Apply
G4
Bank Account
Opening Support
HKD$11,50012,150
(All gov. fees included)
Apply
Incorporation
 
 
 
 
Company name search
Certificate of Incorporation (CI) *
1-year Business Registration (BR) *
Articles of Association x 5 *
Pre-inked circular chop x 1
Onboarding of individual shareholder(s) x 5
Company ready as fast as in
1 day
1 day
1 day
1 day
Company Secretary
 
 
 
 
Act as Company Secretary for 1 Year *
Prepare and submit Annual Return (AR) for the year, including gov. fee *
Act as the Designated Representative of the Significant Controllers Register (SCR) for 1 Year
Prepare Significant Controllers Register (SCR) *
Prepare Members, Directors & Company Secretary Registers
Virtual Office
 
 
 
 
By using BBC branch's address as your registration address
Displaying your company name on Electronic-Office-Directory *
Notifications when you receive mail/parcel
Banking
 
 
 
 
Prepare all necessary documents for bank account setup
PayPal Account Opening
Bank Account Opening Assistance with Airwallex / Aspire
Bank Account Opening Assistance with Traditional Bank: HSBC / OCBC
Valued Added
 
 
 
 
Free using of the me Self-Service-Platform
Free safekeeping of the company chop
and statutory documents during the service period
Statutory Documents
  • Certification of Incorporation (CI)
  • Business Registration Certificate (BR)
  • Register of Significant Controllers (SCR)
  • Register of Members, Register of Directors and Register of Company Secretary
Free In-House Strategic
Accounting Advisory
  • Complimentary accounting & taxation consultation from our in-house team, starting day one.
  • Direct access to qualified accountants and tax specialists for personalized strategic advice.
  • No contract, No upfront — enjoy full flexibility and complete control of your cash flow.
G1
For those have a HK Registered Address
  • Company name search
  • Certificate of Incorporation (CI) *
  • 1-year Business Registration (BR) *
  • Articles of Association x 5 *
  • Pre-inked circular chop x 1
  • Onboarding of individual shareholder(s) x 5
  • Company ready as fast as in
    1 day
  • Act as Company Secretary for 1 Year *
  • Prepare and submit Annual Return (AR) for the year, including gov. fee *
  • Prepare all necessary documents for bank account setup
  • PayPal Account Opening
  • Free using of the me Self-Service-Platform
HKD$5,780
(All gov. fees included)
G2
Registered Address is included
  • Company name search
  • Certificate of Incorporation (CI) *
  • 1-year Business Registration (BR) *
  • Articles of Association x 5 *
  • Pre-inked circular chop x 1
  • Onboarding of individual shareholder(s) x 5
  • Company ready as fast as in
    1 day
  • Act as Company Secretary for 1 Year *
  • Prepare and submit Annual Return (AR) for the year, including gov. fee *
  • By using BBC branch's address as your registration address
  • Displaying your company name on Electronic-Office-Directory *
  • Notifications when you receive mail/parcel
  • Prepare all necessary documents for bank account setup
  • PayPal Account Opening
  • Free using of the me Self-Service-Platform
  • Free safekeeping of the company chop and statutory documents during the service period
    Statutory Documents
    • Certification of Incorporation (CI)
    • Business Registration Certificate (BR)
    • Register of Significant Controllers (SCR)
    • Register of Members, Register of Directors and Register of Company Secretary
  • Free In-House Strategic Accounting Advisory
    • Complimentary accounting & taxation consultation from our in-house team, starting day one.
    • Direct access to qualified accountants and tax specialists for personalized strategic advice.
    • No contract, No upfront — enjoy full flexibility and complete control of your cash flow.
HKD$6,9007,560
(All gov. fees included)
Bestseller
G3
Comprehensive Compliance Support
  • Company name search
  • Certificate of Incorporation (CI) *
  • 1-year Business Registration (BR) *
  • Articles of Association x 5 *
  • Pre-inked circular chop x 1
  • Onboarding of individual shareholder(s) x 5
  • Company ready as fast as in
    1 day
  • Act as Company Secretary for 1 Year *
  • Prepare and submit Annual Return (AR) for the year, including gov. fee *
  • Act as the Designated Representative of the Significant Controllers Register (SCR) for 1 Year
  • Prepare Significant Controllers Register (SCR) *
  • Prepare Members, Directors & Company Secretary Registers
  • By using BBC branch's address as your registration address
  • Displaying your company name on Electronic-Office-Directory *
  • Notifications when you receive mail/parcel
  • Prepare all necessary documents for bank account setup
  • PayPal Account Opening
  • Bank Account Opening Assistance with Airwallex / Aspire
  • Free using of the me Self-Service-Platform
  • Free safekeeping of the company chop and statutory documents during the service period
    Statutory Documents
    • Certification of Incorporation (CI)
    • Business Registration Certificate (BR)
    • Register of Significant Controllers (SCR)
    • Register of Members, Register of Directors and Register of Company Secretary
  • Free In-House Strategic Accounting Advisory
    • Complimentary accounting & taxation consultation from our in-house team, starting day one.
    • Direct access to qualified accountants and tax specialists for personalized strategic advice.
    • No contract, No upfront — enjoy full flexibility and complete control of your cash flow.
HKD$9,50010,150
(All gov. fees included)
G4
Bank Account Opening Support
  • Company name search
  • Certificate of Incorporation (CI) *
  • 1-year Business Registration (BR) *
  • Articles of Association x 5 *
  • Pre-inked circular chop x 1
  • Onboarding of individual shareholder(s) x 5
  • Company ready as fast as in
    1 day
  • Act as Company Secretary for 1 Year *
  • Prepare and submit Annual Return (AR) for the year, including gov. fee *
  • Act as the Designated Representative of the Significant Controllers Register (SCR) for 1 Year
  • Prepare Significant Controllers Register (SCR) *
  • Prepare Members, Directors & Company Secretary Registers
  • By using BBC branch's address as your registration address
  • Displaying your company name on Electronic-Office-Directory *
  • Notifications when you receive mail/parcel
  • Prepare all necessary documents for bank account setup
  • PayPal Account Opening
  • Bank Account Opening Assistance with Airwallex / Aspire
  • Bank Account Opening Assistance with Traditional Bank: HSBC / OCBC
  • Free using of the me Self-Service-Platform
  • Free safekeeping of the company chop and statutory documents during the service period
    Statutory Documents
    • Certification of Incorporation (CI)
    • Business Registration Certificate (BR)
    • Register of Significant Controllers (SCR)
    • Register of Members, Register of Directors and Register of Company Secretary
  • Free In-House Strategic Accounting Advisory
    • Complimentary accounting & taxation consultation from our in-house team, starting day one.
    • Direct access to qualified accountants and tax specialists for personalized strategic advice.
    • No contract, No upfront — enjoy full flexibility and complete control of your cash flow.
HKD$11,50012,150
(All gov. fees included)
* Mandatory under the Companies Ordinance of Hong Kong.
Workflow
* Mandatory under the Companies Ordinance of Hong Kong.
Workflow
Download Form
Use bbc ‧ me Self-Service-Platform to complete your application faster and easier!
Continue download
Workflow
Application submission
Select the service plan of your choice and submit electronic application on bbc ‧ me.
Company Name Search
BBC will conduct name search for you to make sure your preferred company name is available and give recommendations if there are areas you need to pay attention.
5–10 minutes
Documents signing
Upon receipt of payment, BBC will email you your application details for confirmation. Once this is done, we will proceed to submit the application.
20 minutes
Business Registration Certificate
Express company incorporation service subscriber can receive the Certificate of Incorporation (CI) and Business Registration Certificate (BR) in 1 day.
1 day
The Limited Company Package / The Green Box
After the CI & BR are granted by the Business Registry, BBC will order your Company Stamp and prepare your Article of Association, or prepare the traditional Green Box, if preferred.
1–3 working day
Close
Workflow
Application submission
Select the service plan of your choice and submit electronic application on bbc ‧ me.
Company Name Search
BBC will conduct name search for you to make sure your preferred company name is available and give recommendations if there are areas you need to pay attention.
5–10 minutes
Documents signing
Upon receipt of payment, BBC will email you your application details for confirmation. Once this is done, we will proceed to submit the application.
20 minutes
Business Registration Certificate
Express company incorporation service subscriber can receive the Certificate of Incorporation (CI) and Business Registration Certificate (BR) in 1 day.
1 day
The Limited Company Package / The Green Box
After the CI & BR are granted by the Business Registry, BBC will order your Company Stamp and prepare your Article of Association, or prepare the traditional Green Box, if preferred.
1–3 working day
 
Close

What Our Clients Say

Over 25,000 Businesses Incorporated in Hong Kong.
Our team is based in Hong Kong with 15 years of on-the-ground experience. We know the local regulations, the banks and the government processes inside out, so you don’t have to.
J. Young
United States
My company has received excellent professional business services from Brilliant Business Centre for many years. I highly recommend BBC to any person or business, searching for a professionally trusted and respected business services company!
Michelle
United Kingdom
Appreciate the accounting and consulting services which saved me a ton of time. They’re helpful, knowledgeable, and quick to respond. It’s been a reliable one‑stop solution for my business.
Andrew Gr
We have been using BBCL’s serviced office solutions—including office rental and remote company management—for over five years, and our experience has always been exceptional. Throughout this time, BBCL has consistently delivered reliable, professional, and highly efficient support that has truly helped our business operate smoothly.
We work closely with the Mong Kok branch, and we are extremely happy with their team, their responsiveness, and the overall quality of service. The staff are friendly, proactive, and always willing to go the extra mile to assist.
George Wong
Hong Kong
Their reliable accounting and consulting services are organized, knowledgeable, and fast, while flexible options and professional support make daily operations effortless.
Lois Chan
United States
Excellent all‑around service. From flexible office options to professional support, they make running day‑to‑day operations so much easier for my new start up business. Highly recommend for anyone needing a dependable shared workspace.
Simon C.
Australia
I've been using Brilliant Business Centre for a few years and I'm really impressed! The pricing is very competitive (No hidden cost) compared to other serviced offices in the area, offering great value without compromising on quality. The location is perfect, super convenient with excellent transport links and plenty of amenities such as banks and restaurants nearby. Most importantly, the staff are incredibly friendly, professional, and always ready to help with a smile. Highly recommend BBC to anyone looking for a one-stop commercial services provider.
Deron
The rental process was a breeze, the staff is incredibly helpful, and the space itself is modern and comfortable. It’s a great value, especially for freelancers or small teams.
FAQ
Hong Kong Company Incorporation FAQ
  • 1. Who can setup a private Limited Company in Hong Kong?
    Individuals meeting the following requirements can incorporate a private Limited Company in Hong Kong.
    • 18 years old or above.
    • Nationality not subjected to the United Nations Sanctions.
    • Hold a valid Hong Kong Identity Card or a valid Passport.
  • 2. What are the minimum requirements for setting up a private Limited Company in Hong Kong?
    The following requirements have to be fulfilled when incorporating a private limited company in Hong Kong:
    • At least one shareholder and one director (can be the same person).
    • Possess an address in Hong Kong as the registered address.*
    • A Hong Kong Citizen or, A licensed Trust or Company Service Provider to act as your Company Secretary.*
    *The commercial addresses of BBC's 7 branches are available for use as your registered address.
    *BBC's company secretary services can act as the company secretary for your company.
  • 3. Can a person act as the sole director, shareholder and company secretary for a company?
    NO. if you are the sole director. Section 475(2) of the Companies Ordinance (Cap. 622) expressly prohibits the sole director from acting as the company secretary. Besides, section 475(3) of the Companies Ordinance (Cap. 622) provides that no private company having only one director may have a body corporate as its company secretary if the sole director of that body corporate is also the sole director of the private company.

    YES. If your company has more than one director, one of the directors who is a Hong Kong identity card holders (citizens) may serve as the company secretary.
  • 4. Do I need to come in person to register a company?
    No, everything can be done remotely through our BBC’s me Self-Service-Platform. Our Real Human Customer Service (non-AI chatbot) can provide assistance during the process.
  • 5. What are the regulations regarding the naming of a company registered in Hong Kong?
    • You are free to choose to have your company registered with an English name or a Chinese name alone or both. However, the lack of an English company name may affect bank account opening in the future.
    • The company name must be in English or Traditional Chinese, but not a combination of both.
    • English names must end with "Limited". Chinese names must end with "有限公司" (stands for Limited).
    • The company name is not being used by other company.
    • Some word can only be used with required license, e.g. Bank
    Our Customer Service team will provide professional consultation on naming.
  • 6. How long does it take to register a company in Hong Kong?
    Time required to get your Hong Kong Limited Company at BBC:
    • Express Service: Within 1 business day. No extra fee required.
    • Regular Service: Within 7 business days. From the date we received the signed documents and all the required statutory documents from the shareholders and directors. Applicable when the applicant does not qualify for express service.
  • 7. My partners and I are not Hong Kong citizens. Can we use Plans R0–4? Why do they seem cheaper?
    Hong Kong identity card holders (citizens) have the option to act as both the Company Secretary and the Designated Representative for the Significant Controllers Register (SCR). This gives them more flexibility in choosing service plans, which is why Plans R0–4 look cheaper.
    For non-Hong Kong citizens, to ensure your company complies with the Hong Kong Companies Ordinance, we recommend Plans G1–3, which are specifically designed to meet your compliance requirements.
  • 8. What documents will I receive after incorporation?
    • Certificate of Incorporation (CI).
    • Business Registration (BR) Certificate, valid for 1 year.
    • Articles of Association x 5 (Provided by BBC).
    • Pre-inked circular chop x 1 (Provided by BBC).
    • All necessary documents for bank account setup.
  • 9. What is the difference between directors and shareholders?
    Shareholders are the company's investor.
    Directors are appointed by shareholders to take charge of daily operations and making decisions of the company (for example, signing a cheque). A director can be the shareholder of a company at the same time.
  • 10. What is capital? Does an capital need to be deposited in Company Registry or a bank?
    • Capital of a share is the same as a Registered capital, which can be customized. If HKD$1 is equal to 1 share, and at least 1 share needs to be purchased, and a customer will usually opt for 10,000 shares; and all shares need to be fully allocated to shareholders;
    • Shareholders do not need to withdraw the HKD$10,000 or bank in that in a bank. However, if possessed shares are not adequate to compensate a debt, the debt will be deducted according to the proportion of shares possessed and the Registered capital;
    • Shareholder should assess his/her ability to clear possible debts in the determination of a fund to be built up and the maximum amount of shares to be sold.
  • 11. Can I change my company name after incorporation?
    Yes. It takes about 1–2 weeks, and you will receive a new Business Registration Certificate and Name Change Certificate.
  • 12. What is a Green Box and what's inside a Green Box? is it a MUST?
    The Green Box set is a collective term to refer to the documents for the incorporation of a limited company in Hong Kong and company stamps for daily use. The items inside the Green Box are:
    • Pre-inked Circular chop: Used for daily company operations, such as signing for courier documents (recommended to prepare more than one).
    • Pre-inked Rectangular signature chop: usually use on company cheques, and for the company’s authorized person to sign documents on behalf of the company (recommended to prepare at least one).
    • Company Seal: Seldom used. It is used mainly on legal documents, and for sale and purchase contracts.
    • Articles of Association: It is required by law that every company have its own company charter.
    • Share Certificate Book: Mainly for recording shares and future allotment of new shares. Any transfer of shares must be filed with the Inland Revenue Department.
    • Statutory Register: It is required by law that every company keeps record of a register of changes and personal particulars of directors, shareholders, secretaries, minutes of board meetings, minutes of shareholders' meetings and statutory documents.
    No, the Green Box is NOT a MUST. It is a tradition in Hong Kong to have all these documents and items kept in a green colour box and it would be given to the owner of the company after incorporation is officially done.
    *Please note: Some Purchase Contracts require the use of signature chop and/or steel seals, please choose according to your needs.
  • 13. Is it mandatory to open a Hong Kong bank account?
    No, it is not mandatory, but it is highly recommended for ease of business operations.
Hong Kong Limited Company Maintenance FAQ
  • 14. What are the statutory requirements for a Hong Kong company?
    According to the Company Ordinance, there are other statutory requirements to meet after your company has been successfully incorporated:
    • Display of Company Name at your registered address (BBC's e-directory can fulfill this requirement)
    • Updating and maintaining the Significant Controllers Register (SCR) at your registered address
    • Updating and maintaining the Register of Members, Register of Directors & Register of Company Secretary
    • Making Mandatory Provident Fund (MPF) contributions if there are staff being employed in HK
  • 15. What are the annual maintenance requirements for a Hong Kong company?
    • File an Annual Return (NAR1) to the Companies Registry.
    • Renew the Business Registration (BR) Certificate annually. Government fee HKD250—2,450, depending on government policy. The Hong Kong government will announce it in the Budget Plan each year.
    • Submission of Profits Tax Return (PTR) along with audited financial statements (Even if you have not commenced your business).
    • Filing of Employer / Employee’s Return of Remuneration (ER) and Pensions (No matter with or without employee) (Regardless of whether your company has employee or not).
    • If you do not have a physical office in Hong Kong. Renew your Virtual Office services and its related services, including the e-directory service. (Virtual Office services and its related services renewal, including e-directory service
    • Renew your Company Secretary Service
    **The renewal service plan for G2–3 customers includes: Business Registration Certificate renewal (excluding government fees), virtual office services, electronic signage services, and company secretary services.
  • 16. Can BBC help with Business Registration Certificate renawal and Annual Return submission?
    Yes, if you use BBC's service plans G1–3, the company secretary service already includes the timely submission of the Annual Return (AR) for the same year and the associated fees.
    The renewal of the Business Registration (BR) Certificate is only available to customers using service plans G2–3. After renewing the service plan and making payment, the service includes handling the renewal of the Business Registration Certificate, but government fees are not included.
  • 17. What is the Business Registration (BR) Certificate renewal fee? It is not the same every year?
    The Business Registration (BR) Certificate renewal fee is not the same every year as it is subject to changes announced in the Hong Kong government’s annual Budget by the Financial Secretary. The fee may be adjusted based on the government’s policies, including any waivers or concessions introduced in the Budget.

    We have summarized the fees of these years, please check below:
    https://www.bbcl.com.hk/blog/HongKong-Business-Registration-(BR)-Certificate-Fee-these-years
Company Secretary FAQ
  • 18. What are the responsibilities of a company secretary?
    • Ensure compliance with the Companies Ordinance.
    • Prepare and file Annual Returns (NAR1).
    • Update and maintain statutory records, including the Significant Controllers Register.
    • Notify the Companies Registry of any changes to the company’s structure or directors.
  • 19. What happens if I fail to appoint a company secretary?
    Failure to appoint a company secretary is a breach of the Companies Ordinance and may result in penalties or legal consequences.
  • 20. What are the consequences of late submission of Annual Return (AR)?
    A company which fails to deliver its annual returns to the Companies Registry within the prescribed time period is in breach of the Companies Ordinance and is subject to paying a higher registration fees as follows:

    Penalties for late submission of the Annual Return if it is delivered:
    • More than 42 days after but less than 3 months of the company’s return date@ – HKD870
    • More than 3 months after but less than 6 months of the company’s return date@ – HKD1,740
    • More than 6 months after but less than 9 months of the company’s return date@ – HKD2,610
    • More than 9 months after the company’s return date@ – HKD3,480

    @ anniversary of the date of its incorporation


    Pursuant to the Companies Ordinance Cap. 662, the company and every responsible person of a local private company failing to comply with the corresponding requirement are liable to prosecution. Once convicted, a fine for the breach of the filing obligation will be imposed.The maximum penalty for failing to deliver an annual return is a fixed penalty of $50,000 and a daily default fine of $1,000 for each day during which the default continues.
  • 21. How can I learn more about the Company Secretary Service of Brilliant Business Centre?
    Please visit the Company Secretary Service page.
    https://www.bbcl.com.hk/en/company-secretary-service
Accounting, Auditing and Taxation FAQ
  • 22. Is it mandatory to prepare audited financial statements?
    Yes, all companies (except dormant companies) must prepare audited financial statements annually, as required by the Companies Ordinance.
  • 23. When do I need to file my first Profits Tax Return?
    All companies will receive their first Profit Tax Return (PTR) from the Inland Revenue Department (IRD) 18 months from their incorporation date and MUST be submitted to IRD within 3 months after receiving the PTR.
  • 24. Do companies need to file profit tax returns (PTR) if they have no income?
    Yes. According to the latest update from The Inland Revenue Department (IRD) in 2023, all corporations and businesses, regardless of the amount of their gross income and the mode of return filing, must submit their profits tax returns together with all supporting documents (including financial statements and profits tax computations). Late submission will be subject to fines.
  • 25. What is the tax rate for profits in Hong Kong?
    • Company: 8.25% on the first HKD$2 million, 16.5% on the remaining profits.
      Only one entity in each group of companies is eligible for the tiered rates regime.
    • Offshore Companies: 0% for income sourced outside Hong Kong.
      Subject to Inland Revenue Department (IRD) approval
  • 26. What services does BBC provide for accounting and taxation?
    • Bookkeeping: Monthly or annual accounts preparation.
    • Auditing: Arranged with certified public accountants.
    • Tax Filing: Profits Tax Returns, Employer’s Returns, and Salary Tax filing.
    For more related services and details, please visit Accounting and Taxation Service page.
    https://www.bbcl.com.hk/en/accounting-and-taxation
  • 27. Can I apply for tax exemption on offshore income?
    Yes, you can apply for tax exemption on offshore income under Hong Kong's territorial tax system. To qualify, you must prove the income was earned outside Hong Kong by providing documents such as contracts, invoices, and bank statements when filing your Profits Tax Return. The Inland Revenue Department (IRD) will review the claim and may request more evidence. Without sufficient proof, the income may be taxed.
  • 28. What penalties apply for late filing of tax returns?
    Late filing can result in a HKD$10,000 fine and additional penalties based on unpaid taxes. The IRD may impose a 5% surcharge on overdue tax and an extra 10% surcharge if it remains unpaid. Repeated delays can lead to higher penalties or prosecution, so filing on time is essential.
Banking FAQ
  • 29. Is there a fee for opening a bank account?
    The fees associated with opening a bank account involve two parties:
    1. The Referrer: namely us, Brilliant Business Centre (BBC)
      Free: If you meet the bank’s online application requirements and complete the application yourself via the link we provide.
      Fee applies: If you do not meet the bank’s online application requirements. In such cases, you will need to engage our Assisted Bank Account Opening Service, through which we will arrange the appointment, facilitate the introduction, and handle pre-approval of your application.
    2. The Bank:
      Fees vary depending on the bank:
      • Airwallex: Free
      • Aspire: Free
      • PayPal: Free
      • HSBC: Free
      • OCBC: Free or fee applies, depending on the circumstances
  • 30. Can I open a business bank account remotely?
    Yes:Provided you meet the bank’s online application requirements and complete the application yourself via the link we provide.
    No: If you do not meet the bank’s online application requirements, it will not be possible to open the account remotely.
  • 31. How long does it take to open a bank account?
    It depends on the bank. For Neobanks (Virtual Banks), the process can be completed in as little as 3 business days.
    Traditional banks may take longer, typically 2–4 weeks.
  • 32. What are the advantages of opening a business bank account in Hong Kong?
    • Access to multi-currency accounts.
    • Efficient international fund transfers without foreign exchange controls.
    • Enhanced credibility for your business.
  • 33. Can a company with only foreign directors open a bank account in Hong Kong?
    Yes, but additional documentation may be required, and it’s recommended to use our assistance for a smooth process.
 
 Enquiry Brilliant Business Centre (BBC) | Serviced Office | Virtual Office | Company Incorporation | me Self-Service-Platform | Hong Kong
  • Name
  • Mobile no.
  • Email
  • How you find us



  • Message
  • Captcha
    Captcha
  • Submit