Hong Kong Sole Proprietorship Incorporation Package #HKSP01

1. Hong Kong Sole Proprietorship Registration Package – Fees and Scope of Services
   
   Our fees for handling the registration of a Sole Proprietorship in Hong Kong are HKD6,900. In particular, our fee covers the following services:
   (1) Prepare the application form
   (2) Professional service fees and government fees for the incorporation and first year business registration
   (3) 1 year registered office address service
   (4) Submit the application form to the Business Registration Office
   (5) Collection of Business Registration Certificate (valid for one year) form the Business Registration Office
   
   Our fees quoted above include first year business registration fee but exclude delivery fees.
   
   
   The fees stated in the quotation are for preliminary reference only and do not constitute final transaction terms. All service fees shall be based on the actual quotation provided by our company for each individual case. We reserve the right to adjust pricing at any time without prior notice.
   
   
2. Payment Terms and Methods
   
   
   Upon receipt of your order, we will issue an invoice to you for your settlement. We require full payment in advance. We currently only accept Hong Kong Dollar check, cash or TT and credit card through PayPal. Payment by PayPal will attract a 5% handling charge.
   
   If China or Taiwan official tax invoice is required, Value-added tax or business tax at the prevailing rate in the respective jurisdictions will be charged.
   
   
3. Time Frame to Incorporate
   
   Generally, the incorporation process can be completed within 3 working days.
   
   

   Step	Description	Time
   1	Kaizen receives the duly signed original incorporation documents from client	Day 1
   2	Kaizen delivers the duly signed application form to the Business Registration Office to apply for Business Registration Certificate	Day 2
   3	Business Registration Office issues the Business Registration Certificate	Day 2
   4	Kaizen collects the Business Registration Certificate from Business Registration Office	Day 2
   5	Registration completed and original Business Registration Certificate delivered to client	Day 3

   
   
4. Materials Required for Incorporation
   
   Client needs to provide the following documents and information to Kaizen by email or fax or post for purpose of incorporation:
   

   (1)	Proposed company name, either in English only or Chinese only or both;
   (2)	A description of the nature of business;
   (3)	The commence date of business;
   (4)	One photocopy of passport (or identity card for Hong Kong resident) and residential addresses proof (such as utility bill or telephone bill) in respect of owner;
   (5)	KYC Questionnaire (provided by Kaizen)
   (6)	Further supporting documents for non-Hong Kong residential owner (e.g. entry permit for allow to join business in Hong Kong, Tenancy agreement, bank account information, etc.)

   
   
5. Registration Documents Returned to Client after Registration
   
   
   After the company is officially registered, Kaizen will return a scan copy of Business Registration Certificate though email for retention.
   
   Unless requested, Kaizen will keep the original Business Registration Certificate at our Hong Kong office.
   
   
6. Annual Maintenance
   
   
   After a company is officially registered in Hong Kong, it is required to renew the Business Registration Certificate every year.