Remember that each numbers are needed for a business operating in Hong Kong — organization registration number for your business ID and business registration number for just a tax ID.

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Of course, a BRN is required for all businesses that deliver revenue except for approved charitable establishments, specific agricultural and fishing actions outdoors the provision of the businesses Ordinance, bootblack businesses, and licensed hawker businesses carried out outside principal buildings.

This number serves for a reference for other Formal files related to your business, making it simpler to observe and handle your company's data. Also, the BRN can help determine your business and differentiate it from Other individuals.

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If the application for business registration is made more than twelve months once the business has commenced, the person is required to pay not merely The existing calendar year's business registration cost and levy and also any applicable charges and levies for your previous years as per segment seven(three) on the Business Registration Ordinance.

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Digital extract of information in respect of minimal partnership funds (LPFs) registered beneath the simultaneous business registration application company or alterations of LPF particulars transmitted from the Companies Registry will Commonly be readily available for software 2 working times once the day of registration, or the date in the event the modifications have been recorded, as the situation may very well be.

Having your business included by using a reputable business incorporation support like Osome can help streamline the process for you. We guide you on the proper paperwork necessary and make certain your registration is effective.

Businesses that aren't obligated to obtain a BRN are those who operate devoid of producing gains or people who stay inactive.

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It is how the Hong Kong federal government can realize your individual organization for authorized and governing administration functions.

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