Hong Kong presents a great opportunity for its entrepreneurs with liberal business and taxation policies. The country offers a cutting-edge business registration and establishment process that enables investors to pick the area of their choice and invest fearlessly. For entrepreneurs who do not like wasting time and want to initiate their operations as soon as possible, they have the option of ready made companies. These are the type of companies that already exist in the Company Registrar of Hong Kong. Anyone can just go for an ownership transfer and start carrying out their own business operations within a span of two working days.
Hong provides the best access to the Asian markets. Asian countries are currently booming with all kinds of growth and development. There has been a rapid increase in various sectors and industries. Foreign investors who foresight the successful future of these countries and are thinking of creating an enterprise, now is the time. They always have the opportunity to set up a new company or buy an already registered one.
Shelf companies, also known as ready made companies or aged companies, are already registered companies that appear on the company registrar and put to rest until they are sold. This happens due to two reasons:
1) A full-fledged company that has to wrap up its service due to some reasons
2) Companies that were registered but were never operational
Hence, the names of such companies will appear in the ready made HK companies list.
As a foreign investor, you will be required to show a corporate history while obtaining bank loan. Now, if you are new to the country and has just started all the initial operation, there is no way to show a corporate history. However, if you are buying an already registered company, you can use the credibility of that company that was incorporated way back and use its history as a proof to get loan. This is one of the greatest benefits of going for ready made companies.
To get the rest of the details about the business, you can go for the Companies House. This is a library of all the companies ever registered in Hong Kong. Options like changing name, trademark, rebranding the company under your own banner, and other changes can be easily taken care of in case you are going for a Hong Kong business formation specialist.
Starting a business in Hong Kong can be easy as well as difficult. Easy if you take the advice of a company formation specialist and difficult if you do it on your own. Find the best business consultant who has the knowledge and the expertise to manage such requirements. Make sure the company has a great track record and has helped establish several other foreign investors establish their business in Hong Kong. Once you think you are with the right company, go for a ready made company and give it any direction you want.
