- Research Providers: Compare virtual office and registered agent services online, focusing on location, features, and pricing.
- Choose Your Plan: Select a package that aligns with your needs. Options range from basic mail forwarding to a full virtual office suite.
- Sign Up Remotely: Complete the application process online and submit any required documents.
Every year, a vast majority of entrepreneurs dream of flocking to Hong Kong to set up their companies, thanks to the benefits it offers.
From relaxations on exchange control laws to low set-up costs, there are plenty of reasons why Hong Kong is a popular hub in the Asia Pacific region.
All businesses, including every Hong Kong limited company, need a registered office address to receive government communications according to the Companies Ordinance.
As a result, some business owners may hesitate to set up a business in Hong Kong because they worry about scouting for a traditional physical office.
After all, there are several logistical and financial challenges one has to deal with.
If you are in the same boat, we have you covered because setting up a virtual office address in Hong Kong is always an option.
You can present yourself as a legitimate business without stepping into a physical office space.
It is a good idea to choose a business address in one of Hong Kong's key central business districts, such as Victoria Harbour, Wing Kut Street, or Kowloon.
Here's a primer on why getting registered office address service is important and how to get one:
Why a Remote Business Address Is Important
A remote business address is essential for both legal and practical reasons.
As per Hong Kong laws, a local address in Hong Kong is mandatory for incorporation.
You'll need to provide the business address in your corporate application form and the same is included in the Certificate of Incorporation of the business.
Moreover, the address needs to be a physical address in Hong Kong, and a PO box is not sufficient.
Now, let's look at the practical reasons for getting such an address.
A remote business address adds to the credibility of your business.
Potential clients and partners get a positive impression of your operations and consider you trustworthy.
Moreover, it is more cost-efficient to set up a remote business address as your overhead expenses are minimal.
Since you have very few or almost no staff members actually working out of such office space, you don't need to invest much in setting it up or pay for utilities, office furniture, or software.
When you apply for a Hong Kong business address remotely, you get the benefits of a ‘brick-and-mortar' space at a much lower cost.
It also means that you can work from anywhere on a daily basis without having to visit the office space even once.
Lastly, research shows that employees working from a virtual office are more productive than their peers who are chained to their desks.
Maintaining a Registered Office Address in Hong Kong
When registering a business in Hong Kong, one of the most important steps is securing a registered commercial address.
This address is where government communications and legal documents will be sent.
Remember that if your business moves, you must inform the Hong Kong Companies Registry of the new address within 15 days. Failing to do so can lead to a late filing fee.
The Hong Kong government regularly sends official letters to registered businesses.
These typically include one annual letter from the Statistics Department and three government letters from the Inland Revenue Department.
Each of these letters has a specific timeframe for response, and missing deadlines can result in additional fees.
Therefore, selecting a reliable Trust or Company Service Provider (TCSP) licensee for the business office address service is necessary.
Choosing a Reliable Business Address Service
Given the importance of promptly receiving and responding to official correspondence, choosing a reliable business address service provider is essential.
A TCSP is a licensed professional who can offer various services to companies, including registered office addresses.
Choosing a reputable TCSP ensures that your business maintains a compliant and functional address, reducing the risk of missed communications and potential penalties.
They can also provide valuable assistance like mail forwarding service, ensuring you receive important government documents and business correspondence promptly.
Getting a Business Address In Hong Kong Remotely
Before you apply for a remote business address, make sure that the following is in order:
- Cloud-based email service for smooth email communication
- Updated Software
- Laptop
- Telephone system for managing client calls
- Video conferencing software
- Document-sharing cloud platform so that you can access everything instantly
And just in case you are wondering if you need to come to Hong Kong to obtain this address, don't worry.
Air Corporate helps digital nomads set up their businesses in Hong Kong, takes care of all the logistical requirements, including providing registered address services, and simplify the process.
No matter where you live, we can help you get a business address in Hong Kong.
All our plans include a company secretary service and an address for your company.
You can display the address on the website, company presentations, and business cards.
Our plans and pricing are extremely transparent, and we won't surprise you with hidden charges at the last minute.
We also offer mail forwarding services, among others, to help you incorporate and take care of the operations.
With our assistance, getting your Hong Kong company set up or registered in Hong Kong is just as easy as brewing a cup of coffee!
So contact us right away and get ready to experience the joys of doing business in Hong Kong.
