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Ready Made Companies – Are They A Better Choice?
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Once you decide to set up a company in Hong Kong, there are lots of options that will be at your disposal. There are all kinds of business entities that you can invest on in the booming market of Hong Kong and expand your operations. Since it is a Non-Hong Kong company, you will require a company secretary first of all that can help in the registration of the business. The type of entity you are going to choose decides the rest of your journey towards its incorporation. There are various options and one of them is ready made companies.
What are Ready Made companies?
These are the companies that, technically speaking, are already set up. With only a few paper work and formal documentations, one can easily acquire this type of company and start operating. The setup is fairly less tedious to the other kinds and one can easily have them ready within two working days.
You will be allowed to choose a name from the Company Registry list, which you can have registered under your name. It will thereafter require various documents, such as identity proofs, bank statements, character record, etc., to ascertain your eligibility in holding such an entity.
What makes them a better choice?
The reason that makes Ready Made companies a better choice as they are already registered. You don’t have to search for a company name or spend time in its registration. Since the name already exists, you can directly select it and go with it.
If the company name doesn’t matter and you just want to enter the contractual agreements, this is the company you must go for.
One more reason what makes these companies a preferable choice is they can be established on a very small time. You can easily select from the registered name, have a company secretary appointed, and start with its operation. For proprietors that are looking forward to a quick company formation due to some reasons, this is an appropriate choice.
Also, known as Shelf Company, they are highly feasible. You can easily select the name from the Ready Made HK companies list. The list is available online as well as with various business consultants. If you have appointed business consultants, they can easily provide you with the list of company names available. You can choose the one that goes with your product or service and start with the other processes. The company house will provide you with the most favorable options that will be available.
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