03.55am -> we receive notification from HSBC about the payment from our customer
04.00am -> payment verification
04.05am -> company formation process (registration) finished 04.15am
04.10am -> notification from the Companies Registry (it takes usually 50min to get the company officially approved) – received Business Certificate and Incorporation Certificate
total (time): 20 min
following morning documents compilation: Share certificate (NC1), Business Certificate, Incorporation Certificate, Memorandum and Articals of Association (M&A) and dispatched them to our client.
Customer response: “Tomas, the best company formation service ever!!!! I was really surprised that you have promised 24 hours time and now I see that’s reality!!!!”
It will take 2 hours to get your company done once we get the order and payment.
How? Read more:
If we receive the order and payment before 10AM (HKT), we will process it into 60 minutes. Then we submit the application through online system to the Companies Registry (CR) (The Government office of the Hong Kong SAR) for 24-hour processing. It usually takes up-to 2 hours from the online submission to get the Companies Registry (CR) notification of incorporated company. Now, you get an email with e-documents (Business certificate and Incorporation certificate with the company number, we will get this email as well). This is the moment when you can start using your company. You get the company registration number and business certificate. We order for you the incorporation documents (NC1form (shares certificate), Memorandum and Articles of Association, Incorporation certificate) in order to open the bank account. Once we receive the notification Companies Registry (CR), we send(email) you documents to be signed and dispatched to us. You might get the document next day if you chose expedited courier service (We don’t guarantee processing time by Company Registry(CR), Post service or DHL). But still I don’t think you will find anyone with better system in Hong Kong.
Startupr is an incorporation service which gives you a possibility to start your business anywhere on the world. We offer you over 20 jurisdiction + whole USA (50 states) if you are about to start business with low cost strategy we offer you a company formation, your address and all amdministration support you need to run your business remotely. There is a few jurisdiction where we can open up a company into 10 minutes upon receiving your payment. Company formation in Hong Kong is one of the example!
Inc.com has been released a new article on where is the easiest process to start a business. One of the most attractive places in regards to company incorporation. In some jurisdiction it’s just a matter of a few days in another one it might last a few weeks. Take your time if you are about to open up a business in another jurisdiction than you are based. However bear in mind that there is every-time an issue with documents needed for a company incorporation.
Here is the list:
1) New Zealand
5) Hong Kong
We had spoken about the incorporation process and the price policy after a few minutes of discussion, he was claiming that he will use this jurisdictions as good and cheap marketing strategy.
It’s actually smart strategy if you realize that you can use this companies as point (hub) being closer to your customer! Your customers will definitely appreciate if you will have an entity closer to them, you might later benefit from tax advantages and many others as well. Nowadays, it’s not difficult to open up a company in several jurisdiction without travelling.
As Android application developer you might wonder in which country you should have registered company in order to get paid. Google has published a list of
countries where you should have registered company in order to be able to sell your application. If you are from e.g. India, China or Poland, you should consider where to open up a company!
Startupr can help you with company formation in (Google Checkout merchant countries):