Increase of Business registration fees
Business registration fees increase by HK$200 to HK$2,200 per annum from 1 April 2024. Business registration levy of HK$150 will be waived for 2 years.
Hong Kong has ranked as the world’s freest economy for 25 consecutive years and has proven itself to be one of the best places for company setup in Asia. To setup a company in Hong Kong, you are advised to seek professional assistance with the process to ensure you are in compliant with all the statutory requirements while staying focused on your business development.
KernelBiz can assist new businesses with local or international company setup, depending on whether they are a Hong Kong limited company, or a company incorporated overseas with an additional place of business in Hong Kong. A Hong Kong limited company will require a minimum of one shareholder, a director, a local company secretary, a local designated representative and a Hong Kong-registered address. A Hong Kong company can be established as fast as within one working day. Please contact us now for a tailor-made solution to help you get started!
KernelBiz is a Hong Kong licensed corporate service provider formed by a group of talents with over 10 years of concrete industry experience. Our targeted clients are global startups and SMEs (small to medium enterprises) interested in establishing their presence in Hong Kong and Asia.
We can provide one-stop quality incorporation services and post-incorporation services to meet the diversified needs of our clients. With our support, clients can stay focused on their core business. Our one-stop professional solution includes company setup services in Hong Kong, company secretarial services, company bank account opening, virtual office services, accounting, and taxation.
Our services are tailored to address a range of business requirements to suit our Hong Kong, international startup and SME clients. We truly understand that our success relies on delivering hassle-free one-stop company setup services, and we take great pride in building long-term client relationships. With our strategic collaboration and extensive networks with global professionals, we will be able to assist clients with setting up their presence both in Hong Kong and overseas jurisdictions.
After having worked with Kitty and her team on various projects with several companies, it gives us great pleasure in continuing with Kitty & Kernel Business Services, who have constantly operated with the highest degree of professionalism. Their eye to detail gives our company the complete reassurance, that all duties are being fulfilled with complete professional ethics. May I take this opportunity to wish Kitty and team every success and look forward to many years of a mutual business relationship.
Kitty has helped me set up my company in Hong Kong and I could've not chosen a better party to work with than Kernel Business Services. She is very knowledgeable in her field, follows up on time and is very reliable. I always recommend her to my friends and clients who are looking for an incorporation and post incorporation services.
My whole experience with Kernel Business Services Limited is a pleasant one and would highly recommend Kitty's services to anyone. My requirements are to open a company and bank account in Hong Kong. Kitty is very efficient and with me furnishing her with all the required documents, the company is registered promptly. She also helped me to setup appointments with 2 banks and I just need to fly to Hong Kong in person to complete the formalities with all documents prepared by her beforehand. The whole process is a swift one and I am made aware of the timeline and expectations. What leaves me an extraordinary impression is Kitty is willing to go that extra mile for the client to resolve a problem. Thumbs up!
We pay too much attention to details and efficiency in Evelite, choosing Kernel services was no exception, it is their efficiency and attention to details and most of all quick responses that give us the full trust to use their services and to recommend them as one of the best companies in their field in Hong Kong.
"Kernel are a very knowledgeable and attentive team who have helped me sort out so many difficult and complex issues with my Hong Kong company, and structure in greater Asia. I may not be such a big company but they have made me feel like a VIP client, answering all my questions no matter how small, offering advice on better ways I can do things and giving me lots of support as I develop my business. They give me great peace of mind that I can leave the complicated stuff to them and concentrate on what I do best.”
"I found Kitty, Jennifer and Kernal Business Services when I was looking at moving my company secretary/ services and setting up a new Startup. I would completely and highly recommend them. Especially if you are looking for amazing service, reasonable rates and above all knowledgeable and friendly help. Kitty walked me through ALL aspects of business set up and really helped me with some areas I had not known about before. I very highly recommend them especially if you are a startup or a young business looking for a more cost effective solution." Thanks for your help!!
Business registration fees increase by HK$200 to HK$2,200 per annum from 1 April 2024. Business registration levy of HK$150 will be waived for 2 years.
The Annual Return consists of a simple balance sheet and profit and loss statement. This financial information is not required to be audited and the Annual Return will remain private and confidential with the Registered Agent of the BVI company, and will not be accessible to the public.
BVI Annual Returns submission timings
The Annual Return will need to be filed with the Registered Agent within nine months following the end of the financial year to which it relates.