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──Jan 24 , 2023Is the conversion procedure of a Hong Kong company complicated?

Now more and more enterprises will use Hong Kong companies to operate international trade. Sometimes the Hong Kong companies need to sell or change the shareholders' shares in the business process, so changeConversion of shares by Hong Kong companyIs the procedure complicated? What are the formalities involved?

Hong Kong companyConversion of sharesIn fact, it is not troublesome. Generally, after providing the relevant information, the secretary company will produce the corresponding documents, and then the relevant personnel will sign them, and then the secretary company will submit them to the relevant departments of the Hong Kong government for change. The specific information is: the identity certificate of the buyer and seller of shares(Passport or ID card)And proof of address; Company information (CI,BREtc.); The resolution of the board of directors to transfer shares; Memorandum of transfer of shares; Tax status information report (zero declaration or active auditor report). Once the above information is ready, we can make a stock transfer document for the company to confirm and sign, and then we can handle it after returning it to us. About2The process will be completed around this week, after which there will be a receipt from the government. It involves the official stamp duty: the price of each share×Number of shares×0.2% (Share price per share is in accordance with the registered capital and statement of assets, the official withdrawal charge).

Conversion of shares by Hong Kong companyTime of In general10-15About one working day,There will be a receipt from the government upon completion.

Is the conversion procedure of a Hong Kong company complicated?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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