Expert business consultancy services for company formation

Posted by GeorgeVelvet on November 15th, 2015

Setting up a company in Hong Kong  Special Administrative Region (SAR) of the People’s Republic of China, which is one of the leading financial centres in the world, will require a full proof company formation strategy. Entrepreneurs looking to either expand their business in this autonomous region or starting up a new venture should ideally seek professional consultancy services for matters such as China payroll, accounting and taxation, market entry consultations as well as working Visa and immigration-related services.

Company formation services
While the economy of Hong Kong allows for maximum freedom in trade and business, there are laws and regulations governing company registration and ownership issues. Outsourcing the core functions will not only help you in dealing with legal and compliance issues in a more effective way but also allow you space for planning your company’s future prospects. Now, there are two ways in which you can plan and start up a company – firstly, you can start a completely new company by registering and incorporating it, and secondly, you can buy one that already exists.

Company formation through the first process will take longer time due to legal procedures but allows for flexibility in naming it. In the second instance, the costs may seem to be more as you will have to buy a company but as you will notice, the benefits will more than make-up for what you have spent. And, of course, you don’t have to go through all the legal formalities of getting it registered. Usually such companies are formed and maintained with the aim of selling them to a prospective buyer.

During the process of company formation, there may be a number of hurdles but with the help of a right consultancy service provider, you can hope for a smooth set up in as little time as possible. For instance, they can help you in registration, choosing a name, appointing directors or helping to choose a company that you can buy and the best price for it. Business consultancy and support services are also available if you wish to open a branch or subsidiary or a representative office.

China payroll services
Only forming a company is not enough, you need resources to get it going, namely human and financial resources. If you need help in managing your employees, your business consultant will be able to show you the path towards creating a China payroll administration procedure which will be beneficial for both the employees and the organization. All issues related to employees will be tackled in a professional and sincere manner so that they can be encouraged to put in their best efforts. As a part of this, the services usually offered include payroll processing and accounting, employee benefit assessment and managing provided fund.   

Keeping all these benefits in mind, it is wise to plan for an offshore company formation only after you have found a business consultant whom you can trust and rely upon. They have the knowledge and expertise to deal with the laws and regulations of the region and will be able to help you in planning China payroll management as well as other core functions such as financial and accounting services.

Take expert assistance from business consultancy service providers to manage China payroll and other issues related to company formation.