1. What is a Branch Office in Hong Kong?
One of the ways a foreign firm might establish a presence in Hong Kong is to register a branch office. In the meanwhile, the other two alternatives are to establish a Hong Kong subsidiary or a representative office in Hong Kong.
A Hong Kong branch office is a legal entity registered with the Hong Kong Company Registry. A Branch Office, unlike a subsidiary, is considered as an extension of the Parent Company, and as such, the Parent Company is responsible for all of the Branch Office’s obligations and responsibilities.
2. Which documents are required to open a Branch Office in Hong Kong?
Generally, the following documents are required for the registration of a Branch Office in Hong Kong:
- A duly completed form providing details of the branch office such as a registered address, local representative, particulars of the parent company, etc.
- A certified copy of the constitution (e.g. Memorandum and Articles of Association) for the parent company
- A certified copy of the Certificate of Registration for the parent company
- A certified copy of the latest accounts of the foreign company (If the company is not required to publish or disclose its accounts to the public, it is not required to submit accounts but the reason must be stated accordingly).
- Identification documents for the local representative of the branch office
Note: Any documents not in English or Chinese must be translated into English or Chinese through official channels before submission.
3. How does Global Link Incorporation support you to open Branch Office in Hong Kong?
- Assess your business needs and provide a comprehensive business strategy for you before opening a company
- Review and prepare all required documents to register a company in Hong Kong
- Pay all required incorporation fees to the Hong Kong government
- Provide a registered office address for 01 (one) year
- Provide all corporate documents and a company stamp set
- Assist to open a bank account in Singapore (or an online bank account in the United States (“the US”). Please note that the application outcome depends on the bank’s assessment.