Blog Startupr - incorporate, register and form your company online

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One of our customer request

Intellectual Property - Trademark: Seychelles 

hello, this is one of our customer requests we deal with every day, we hope this will help you with some of yours questions.

have a great day

tm

 

 

Hello Peter,

responses below…

Tomas,

 

Thank you for your fast answer.
Find in attachment a scan of my passeport.

 

If there is no need to certify my document in an HSBC in paris it would be better.

 

Can you confirm me that you have all the necessary document and informations to open a company

yes for company formation, yes, we do

and an bank account in hongkong to my name?

we will need to cooperate with the bank in Paris

 

Should I issue invoice?

 

the company might be ready this week!

for company formation in Hong Kong, please contact us.

Startup Weekend Byblos

We are really excited, we have a chance to sponsor next Startup Event in Byblos. You know what the Startup Weekend is about! We always support startups, would you like to have your event being sposored by Startupr. Please let us know!

We help local entrepreneurs with company formation in more than 25 jurisdictions. SW gives the chance to become the global player! Startupr is here to incorporate your company in any jurisdiction attracting Venture Capitalist. One of the example might be company in United Kingdom for EU citizens or Delaware in USA however there is plenty of  jurisdictions where you can incorporate your company – Startupr.com.

By organizers:

Did you know that Startup Weekend is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals, teams and communities. Come share ideas, form teams, and launch startups. Visite our website and join our community!

Startupr

HK & BVI: Information request on company formation & bank account opening

Email from your customer: Name & nationality have been changed due to privacy issue. However, the content is more important. Here how we deal with our customers:

 

Hello Peter,

 

thanks for reaching me! My name is Tomas and I will take care of your case.

 

I will use your email and will implement all answers in for your better perusal (you wrote):

I would like some information regarding your company formation service.
I am a Swedish business owner and I am working on expanding world wide. I
am interested in creating 2 international business companies: One Hong
Kong based, this one will mainly be used to manage patents and related
cases. 

The company is done within 24 hours.

 

Pricing:
0) Hong Kong Government – 300 US$ (for incorporation and business license)
1) Startupr Incorporation – 89 US$
2) Registered address 150 US$
3) Startupr as a Agent/secretary – 150 US$
4) Annual Return and postal – 60 US$ + 55 US$ (gov fees of 25 US$ included)
5) Certified copy of Documents – 250 US$ + 95 US$ ( You will need it in order to open up a bank account in HSBC)
6) Bank Account opening in HSBC 95 US$

 

We have in our team lawyer who is focused on patent as well. He might be of assistance.

The other one a BVI company, for international marketing and
technical consulting.
I would need to use a separate bank account for each company, but for
practicality it would be nice to have those at one reputable bank, like
HSBC. 
This is exactly what we always advice to our clients. To open up a company is really easy however you should think twice where to open up a bank account! My advice is almost always HSBC as you have mentioned. They are based worldwide and have really nice online system – banking, we use it in Startupr as well.

The BVI company might have the bank account in HSBC in Hong Kong as well as the Hong Kong company. It would be done at the same time!

 

Pricing for BVI:

 

0) 350 US$ – Government incorporation fee
1)  89 US$ – Startupr company registration fee
2) 350 US$ – Registered address for one year
3) 395 + 115 US$ – Apostilled bound of incorporation documents + postal
4) 295 US$ – BVI, Mauritius, Malta, Latvia or Seychelles – bank account opening
Total: 1594 US$ ( however you can customize your order)

I would like to know if you can help arrange a setup like this

yes, we do this often

and what
your procedure for opening bank accounts is (does it require a meeting
at the bank, do you prepare all documents, etc). 
The process for you as customer is as follow for both companies (we really take care of everything else):

steps to form the company (HK, BVI) and open bank account are as follow:
0. understanding to your needs – biz model or biz case, your needs
1. filling the order form (attached)
2. checking by startupr
3. mandatory order, invoice & payment
4. incorporation
5. post incorporation process; documents dispatching to your address, etc.

 

we need to issue all documents as (for both companies: HK&BVI):

 

– Cert of Incumbency
– M&A
– Resolution of electing directors
– Resignation of Subscriber’s Rihts
– Cert of Incorporation
– Share certificate
– Certificate of Incumbency

 

Indeed, you will need to come over to HK, it will be much faster and easy for all of us.

My preference would be to have this all arranged as a complete package. 
I hope, I have replied to all of your questions, here is the Skype if you like to contact me any further: tomas.milar


or simply my phone: +852 817 036 29

 

have a great day

tomas m

——————————————————————————————

RESPONSE

——————————————————————————————

Hi Thomas,

 

Thank you for the quick reply!
You've made things much clearer. So I get from this HSBC will have no problem opening an account for a BVI company? It's a shame I would need to be present in person, I am really short on time right now and I was hoping to get the company's started on short term. It's not possible to do the incorporations and bank account opening remotely?

 

Regards,

 

Peter

Irish company for sale

date of incorporation: 23.4.2012

Bank account: Bank of Ireland

Name: Morning Fail Ltd.

Not commencement of business

let us know if you’re interesting: info@startupr.com

What documents do I need to open bank account in HSBC Hong Kong

How to chose the offshore bank

Once you open your company in Hong Kong, you will need to check what kind of documents to get in order to ope bank account with HSBC (or in any other bank e.g. Standared Charter, Citibank, China Bank, Hang Seng etc.) bank in Hong Kong. The KYC (Know Your Client) policy is getting tougher therefore you need to be well prepared for the meeting. You should collect following documents to make sure that all is fine with the !

 

Bank account opening in Hong Kong requires following documents once you:

 

A)
Company documents for bank account opening in HSBC Hong Kong (prepared by Startupregistry (Limited Company established in Hong Kong)):
– Business Registration Certificate
– Certificate of Incorporation
– Memorandum and Articles of Association (M&A)
– NC1 form

All of these documents are certified by Company Registry of Hong Kong SAR
.

 

B)
Business proof  (following documents should be delivered by you)
Bank needs to know your nature of business whether you have been experienced in that industry you are going to work in therefore they need
some proof of business. (These documents should be delivered by you however they are NOT mandatory.)

 

– issued/received invoices (once the company is incorporated you can issue any of your future customers, they don’t need to pay you however the bank needs to see that you are serious and have already plan/customers)
– business description ( 1 page where you mention what kind of business you’re going to provide (date,signature, letter head, name of director/shareholder)
– agreements with suppliers (if any)
– bank reference letter (if you have one)
– professional letter (if any)
– Biz certificate & Inc certificate of your previous company (if any)

 

C)
Personal documents
– passport
– proof of address (any utility bill which shows your address and your name)

Your incorporation service provider.

Happy new year 2013

Happy new year 2013

Register company in Hong Kong

Lean Startup Machine – Prague

 

Lean Startup Machine - Prague

Startupr is happy to annouce another sponsorship of Startup event – Lean Starup Machine.

Prague Goes Lean on 3/1

Lean Startup Machine is a metrics-driven startup competition where teams learn to identify the key risks in their business model through hands-on mentorship and a unique framework of tools. 
Over the course of the weekend you will do the following: 
Ideate a startup…or work on the one you have now 
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Node5

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Previous Mentors from other workshops have included: 

 

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Share capital

Intellectual Property - Trademark: Seychelles

Share capital might be define as a money invested in a company by a shareholders. The amount of share capital might be used as a long term source of finance. The amount of the share capital might be changed within the time. In fact, it’s the value of the company. Most of the jurisdiction has a possibility to register a company with 1 share having a nominal value of 1 USD/HKD/SGD etc.

Startupr

How to Open a Hong Kong Offshore Bank Account

How to Open a Hong Kong Offshore Bank Account

We are always happy to response to all of your questions. One of our customer is requesting whether it’s possible to open up the bank account in Hong Kong if you are not resident of Hong Kong.

 

Question:
Can a foreigner open bank account in Hong Kong? (From our e-mail box).

 

Answer:
Almost every person/entity can open bank account in HK, there is no restriction from the Financial Secretary (Hong Kong) on bank account opening for foreigners. We might illustrate a typical example where customer from US (or EU, Egypt, Russia, India etc.) incorporate company in HK and than will open bank account with Hang Send bank, HSBC or Standard Chartered Bank.

One of the most important issue is to be prepared well before you have a meeting with local bank. Most of the time, the bank asks for following documents (this is prepared by us):
– M&A
– Business certificate
– Incorporation Certificate
– NC1 certificate

 

Further
– DD – Declaration of Directors (if any)
– COI – Certificate of Incumbency (if any)

 

Business Nature (this section doesn’t make any sense to me how can you invoice some company if you just started, any way you should follow what is required):
– business description
– invoices
– agreements (if any)
bank reference letter (example here)

 

Should you have any questions, please let us know.

HONG KONG Company formation and bank account opening click here.

 

Starupr

Hong Kong Company Incorporation Requirement

Hong Kong Company Incorporation Requirement

Minimum 1 Shareholder and Director is required – Directors & Shareholders can be same person;
shareholders and directors – No nationality restriction;
Minimum subscribed share capital is share 1 (e.g. 1share = 1 usd) However, shares might be nominated in any currency;

 

Corporate shareholder (any legal known entity) and director is allowed and documents required include :
Corporate Certificate of Incorporation;
Corporate Memorandum & Articles;
Certificate of Incumbency (If any);
Business certificate (if any)

 

Registered address in Hong Kong;
One Company Secretary and should either be Hong Kong resident or Hong Kong limited company;
Company name should not be same as those already taken.

Startupr