Hong Kong Streamlines Company Incorporation Procedure

by Mary Swire, Tax-News.com, Hong Kong

05 January 2009

A new Receipt and Despatch Centre, operated by the Business Registration Office of the Hong Kong Inland Revenue Department (IRD), has opened to provide a 'one-stop' service for company incorporation and business registration in the territory.

The facility, which is located near the Companies Registry (CR) and was jointly opened last month by the Commissioner of Inland Revenue, Alice Lau, and the Registrar of Companies, Ada Chung, aims to make the procedure for business registration applications by a company much more convenient.

Commenting on the new centre, a government spokesman said:

"With the opening of the new centre, a company can immediately submit an application for business registration after obtaining a Certificate of Incorporation from the CR."

"The company may collect its Business Registration Certificate at the centre the next working day or opt to receive it by post. Notifications of changes of business registration particulars can also be filed with the centre."

"The CR and the IRD have been exploring ways to streamline company incorporation and business registration procedures to enhance customer services. The opening of the centre is one of the initiatives."

Plans are in the pipeline to introduce a new e-filing service for company incorporation and document registration in Hong Kong by the end of 2010. The CR has invited tenders to implement Phase II of the Integrated Companies Registry Information System for the provision of the above new e-services and integration with the IRD’s business registration system.

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