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Tel：+86 400 118 5939Generally speaking, Hong Kong has a relatively relaxed business scope. In principle, there are no significant restrictions on the business scope of Hong Kong companies, which means that anything not prohibited by law can be operated. Companies registered in Hong Kong can engage in different industries or sectors. When applying for a business registration certificate, merchants can decide on their own whether to define their business scope: those without a defined business scope are more suitable for enterprises engaged in comprehensive business; Defined and more suitable for enterprises with strong professionalism. But there is a certain requirement that when applying for a branch office, the applicant needs to declare the business scope related to the parent company.
Below, Hongyuan International Consulting provides a detailed explanation of the business scope of the Hong Kong company:
1. Within the legal scope, industries and businesses that conform to the local conditions in Hong Kong can be engaged in;
2. The business scope is limited to 30 characters or less, and both Chinese and English are acceptable (there are too many words, and the business registration certificate cannot be written down);
3. Special industries such as finance, funds, trusts, etc. require relevant licenses to be approved;
4. Business that is not registered on the commercial registration certificate can still be operated.
At present, the policy on the business scope of domestic companies has also been relaxed, and the business scope can be registered in multiple industries, but there may be special requirements for some industries, such as the medical device industry. What is the registered business scope of domestic companies and what industries can they only operate in, otherwise they cannot issue value-added tax invoices. From this perspective, registering a Hong Kong company provides certain convenience for future changes in business scope.
For more questions about the business scope of Hong Kong companies, you can consult Hongyuan International.
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Email: info@hyintern.com
Hotline: +86 400 118 5939
