Encore Assists Clients Around The World Conduct Their Business In Asia

From Forming Your Company Through to Accounting and Payroll, We Help Make Your Business a Success



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Company Formation and Corporate Compliance

With our expertise in company formation in Hong Kong and Singapore, we can provide you with all of the business documentation required to se up your company

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Visa Services

For visa requirements in Hong Kong and Singapore, Encore can help you to navigate the application process with a professional and expert team dedicated to visa processing.

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Payroll

Our subscription-based payroll solution can help you avoid the costs of setting up and managing a payroll team by providing you with an automated data exchange.

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Accounting and Tax

Our highly qualified team of in-house accountants can ensure complaint, transparent reporting for your business, providing you with the financial administration you need

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Info
How To Apply Simplified Accounts (SME-FRS) To Hong Kong Private Limited Companies

For each financial year, the directors of a company must prepare financial statements and the financial statements must be audited.  Private Limited Companies may apply the HKFRS for Private Entities if they do not have any public accountability publish general purpose financial statements for external users.

24
Info
How To Apply Simplified Accounts (SME-FRS) To Hong Kong Private Limited Companies

For each financial year, the directors of a company must prepare financial statements and the financial statements must be audited.  Private Limited Companies may apply the HKFRS for Private Entities if they do not have any public accountability publish general purpose financial statements for external users.

 

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Meeting With Us

The Encore Pro Team is warm, friendly, collaborative and down to earth. Get in touch with us and experience the convenience and certainty of Encore’s expertise. Our solutions begin with you. Let’s get down to business.


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How to Start a Business in Hong Kong



Starting a business in Hong Kong typically begins with the incorporation of a company. The most common business vehicle is a Private Limited Company. The establishment is straight forward and has only a few requirements that must be met. A Private Limited Company is a stock company, meaning it issues shares and there is a clear distinction between ownership and management, although the same person may fill both capacities. Ownership is represented by the members or shareholders of the company. At least one share is to be issued for the incorporation and there is no minimum capital requirement, or par value. A board of directors or a sole director are entrusted with the management and day-to-day business of the company. At least one of the directors must be a natural person. Other officers to the company who must be appointed at inception are the company secretary and designated representative. The company secretary must be a Hong Kong resident natural person or company. In the capacity of an officer, the company secretary assists the directors with corporate governance matters. The designated representative must be a resident natural person being a director, member or employee of the company or a law firm, accounting firm or trust and company service provider firm. The designated representative serves as the contact point for law enforcement agency enquiries with respect to the register of significant controllers of the company.


The incorporation process usually takes only a few days with the assistance and under guidance of your local service provider, Encore. 

Level 9-12, BOC Group Life Assurance Tower, 136 Des Voeux Road Central, Sheung Wan


O F F I C E


Level 2, BOC Group Life Assurance Tower

134-136 Des Voeux Road Central

Hong Kong

Tel : +852 3972 5650

Fax : +852 3972 5699

Email : info@encorepro.com


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Encore Professional Services is an established corporate formation and business management services provider with over 10 years experience and a team of qualified professionals. Based in Hong Kong, Encore assists clients around the world conduct their business in Asia and are the ideal partner with the expertise to help and support business, implement and manage a range of fundamental strategies and business processes.