Register a Company with the Hong Kong Customs
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Transcript of Register a Company with the Hong Kong Customs
![Page 1: Register a Company with the Hong Kong Customs](https://reader031.fdocuments.net/reader031/viewer/2022020213/58e97f9d1a28aba6498b4e93/html5/thumbnails/1.jpg)
Register a Company with the Hong Kong CustomsA presentation brought to you by LawFirmHongKong.com
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Trade Company Operation in Hong Kong
• Trade companies that engage in activities like import and export must be registered with the Hong Kong Customs.
• The registration must take place before the company commences its business activities.
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Special Licenses for Import and Export Companies in Hong Kong
• Trade companies in Hong Kong need to observe a series of rules and regulations imposed by the Government regarding the clearance procedure for passengers, cargo, and some traded goods.
• Special licenses are needed for dutiable commodities, some prohibited goods and in other cases.
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Registration with the Hong Kong Customs Department
• A company that applies for registration with the Customs and Excise Department in Hong Kong needs to submit a registration form containing the basic data about the company.
• The name of the company, its business registration license the scope of activity and traded goods are needed in order to obtain a license.
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Import and Export Clearance
• Companies in Hong Kong that transport goods are required to provide documents for customs clearance.
• These include the special permits and licenses needed for import and/or export, the manifests and the supporting documents such as bills, invoices, packing lists, etc.
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Special Customs Clearances in Hong Kong
• The Customs and Excise Department in Hong Kong is the agency authorized to perform trade verifications on the territory of the Special Administrative Region.
• One of our lawyers in Hong Kong can give you detailed information on the licenses required and their check-up.
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Dutiable Goods
• Import and export companies in Hong Kong need to comply with the Custom’s Department regulations for dutiable commodities.
• These include liqueurs, tobacco, hydrocarbon oil and methyl alcohol.
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Prohibited Goods
• Trade companies in Hong Kong that import/export prohibited goods must obtain a relevant permit for these types of articles.
• They include controlled chemicals, dangerous drugs, explosives, infectious goods, certain types of equipment or certain foodstuffs.
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Trade Companies in Hong Kong
• Hong Kong companies in the trade sector need to comply with the same requirements for registration, name selection and licensing as other types of companies.
• The profit derived from commercial and trade activities in Hong Kong is subject to taxation.
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Legal Aid for Trade in Hong Kong
• Companies in need of legal assistance can request the services provided by our law firm in Hong Kong.
• Investors can contact us for more information about the laws on customs registration and other issues related to trade in Hong Kong.
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Thank You for Your Attention!
For more information please contact us at:
+ 852 8191 3385
http://www.lawfirmhongkong.com 11