
In Hong Kong, there
are a number of government departments and
organisations which have close relationships
with the business development of corporations.
If you are interested in opening a company,
you should first of all secure a Business
Registration and/or Registration of Local Limited
Company.
It is followed by Trade Mark
Registration if you wish to make your products
and services a specific brand of your company.
The Hong Kong Export Credit Insurance Corporation
(ECIC) provides companies in the export industry
with Export Credit Insurance.
The Hong Kong Quality Assurance Agency (HKQAA)
offers Certification and Value-adding
Assessment Services for your company. To help SMEs explore more
business opportunities through the Internet, Hong Kong Productivity
Council launched the "Web-Building
Program and Service for SMEs".
Finally, the Hong Kong Trade Development Council has a wide range
of services
that facilitates
your business in International
Trade Promotion.
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Business
Registration |
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If you wish
to run a new business or open a branch,
it is required to register with the Business
Registration Office of the Inland Revenue
Department within one month of its commencement.
The registration fee is HKD2,600 annually. |
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Even though
you have successfully obtained a business
registration certificate or branch registration
certificate, it does not imply that the
requirements of any law in relation to
such business have been complied with.
Apart from business registration, you
may be required to apply for other types
of licences or obtain the recognised professional
qualifications for operating certain kinds
of business. |
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For more
details, please visit the Small and Medium
Enterprises Office of the Trade and Industry
Department, or the Department's Business
Licence Information Service website at
http://www.licence.tid.gov.hk, which provides
information on all government licences,
permits, certificates and approvals relevant
to business operation in Hong Kong, as
well as the function of 'Licence Database
Search Engine'. |
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Registration
of Local Limited Company |
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Before incorporating
a company, you must firstly choose a company
name and ensure that it is not the same
as a registered name appearing on the
Registrar of Companies' index of company
names. You may conduct a name search on
registered companies by either visiting
the Companies Registry in person, or search
via the 'Companies Registry On-line Public
Search System'. |
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After deciding
on the company name, you can register
it at the Companies Registry with the
following documents and prescribed fees:
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Memorandum
and Articles of Association of the
intended company. |
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A
Statutory Declaration of Compliance.
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A
proforma stating the intended company
name, the presentor's name, contact
telephone number, fax number and
address. The proforma is available
at the Enquiries Counter on the
14th Floor of the Queensway Government
Offices. |
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For details,
please refer to the Companies Registry's
information pamphlets - Formation of New
Companies and Price Guide To Main Services.
You can view the information pamphlets
on the Companies Registry's homepage on
the Internet or obtain copies in person
at the 14th Floor of the Queensway Government
Offices. |
Sources: Inland Revenue Department/ Trade
and Industry Department/ Companies Registry |
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Trade
Mark |
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If your
company wants to use a trade mark to distinguish
your goods or services from the others,
you should register your trade mark to
prevent others from using them, or misleading
the public by using similar marks. |
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Typically
a trade mark can be words (including personal
names), indications, designs, letters,
characters, numerals, figurative elements,
colours, sounds, smells, the shape of
the goods or their packaging or any combination
of these. A sign must be capable of being
represented graphically in order for it
to be registered as a trade mark. |
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After registering
your trade mark, you have the exclusive
right to use the trade mark in relation
to the goods and services for which the
mark is registered, and have the exclusive
right to take legal action when unauthourised
parties infringe your mark. |
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Before submitting
a trade mark registration, it is important
to conduct a search of the trade mark
to be registered to see if your trade
mark has already been registered or has
been applied for by another trader. The
Search and Preliminary Advice Services
provided by the Trade Marks Registry offer
information on trade mark records. You
may also conduct your own search at http://ipsearch.ipd.gov.hk. |
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The New
Trade Marks Ordinance has been implemented
to simplify and improve the present registration
system by broadening the definitions of
trade marks. To ensure trade mark registration
meets the requirements of New Trade Marks
Ordinance, you are advised to read the
document "How to apply to register
a trade mark in Hong Kong?" in detail.
The document can be downloaded at the
website of the Trade Marks Registry. |
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Once you
have read through the document and conducted
a trade mark search, you can submit the
application form, provide a graphic representation
of your trade mark and attach the required
fee at the Trade Marks Registry. |
Sources: Intellectual Property Department/
Trade Marks Registry |
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Export
Credit Insurance |
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If your
company is an exporter and needs export
credit insurance services, you can seek
assistance from the Hong Kong Export Credit
Insurance Corporation (ECIC). The Corporation
provides a wide range of insurance facilities
to Hong Kong exporters of both goods and
services who trade with overseas buyers
on credit terms, usually up to 180 days. |
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The Corporation's
facilities involve not only exports shipped
and re-exported from Hong Kong, but also
those transported directly from suppliers'
countries to their destination without
passing through Hong Kong. The indemnity
provided is normally 90% of the loss incurred. |
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The services
provided by the Corporation include export
credit insurance, credit management services,
collateral for discounting export bills
and advice on solving payment problems. |
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ECIC's
electronic platform "EC-link"
(www.ec-link.com.hk) aims to provide a
one-stop solution of export credit management.
Through this platform, exporters can submit
policy applications and manage their policies
online, anytime and anywhere. Exporters
can also find a wide range of trade related
information and useful links within "EC-link". |
Sources: Hong Kong
Export Credit Insurance Corporation |
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Certification
and Value-adding Assessment Services
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The Hong
Kong Quality Assurance Agency (HKQAA)
provides your goods and services with
third-party certification services as
well as value-adding assessment services.
The Agency operates in accordance with
the international accreditation requirements
illustrated in the applicable ISO/IEC
guidance documents. Every application
has to go through the same stringent process
to ensure independence, and impartiality
of certification. |
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The Agency's
assessment teams not only assist your
company to evaluate operational efficiency,
but also point out areas for improvement
in the management system. |
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HKQAA's
ISO 9000 Certification Small Firm Scheme
is particularly designed to assist small
firms to improve productivity and product/service
quality, in return enhancing reputation
and competitiveness. The Scheme applies
to companies with a simple organisational
structure, simple product/service mix
and with staff of less than 20. It offers
a total package including price concession
and free enrolment in HKQAA training courses.
Most important of all, the participants
enjoy equal standing and recognition in
the international market as ISO 9000 certificate
holders. |
Sources: Hong Kong
Quality Assurance Agency |
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Web-Building
Program and Service for SMEs |
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With the support of more than 10
leading trade organisations and associations, the Hong Kong Productivity
Council has launched the "WebEC" Program to help SMEs
tackle the difficulties of building websites and promoting products
and services on-line, with the ultimate goal of reaping the benefits of e-commerce. |
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WebEC assists SMEs to build an easy-to-use
DIY website at an affordable price. The program comes with a one-stop
solution, including webpage design, domain name registration, web
hosting, e-marketing and hit-rate reporting system. SMEs can also
utilise e-commerce by choosing payment gateway service provided
by bank. |
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For dedicated customer support, WebEC offers
a free customer services hotline and training courses on practical
e-commerce skills. |
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For program information, users'
feedback, free seminar details and case studies of e-commerce implementation,
please visit http://www.webec.com.hk. |
Sources: Hong Kong Productivity Council |
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International
Trade Promotion |
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| The Hong
Kong Trade Development Council (TDC) provides
a series of business services to help
your company promote business, and explore
and develop international markets. |
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Market Opportunities
- With more than 350 Product and Service
Promotion Programmes each year, TDC strives
to assist companies in Hong Kong to promote
their business and raise their profile
in world markets. TDC also helps local
companies to market their own brand names
and original designs as a competitive
strategy, especially in the Mainland. |
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Business
Matching - The service helps your company
search for a business partner worldwide.
According to TDC, one in three enquiries
placed by an overseas company results
in business for a Hong Kong company. Four
million enquiries are handled annually
cover areas including sourcing, selling,
agency deals, distributorships, licensing
and partnerships. What's more, TDC has
a unique database storing 600,000 business
contacts all over the world. |
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Market Intelligence
- TDC provides your company with reliable
trade information to enhance your competitiveness.
The services include timely market reports,
quality trade analysis and insights, resource-rich
trade library as well as seminars and
workshops. |
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SME Development
- TDC offers comprehensive programmes
to help you sharpen your skills and improve
your chances of success in international
trade. With Business Advisory Service,
you can obtain face-to-face consultations
with trade specialists for free. You can
also enrich your skills by joining the
practical courses of the Business School
for SMEs. Apart from this, TDC co-organises
informal "Traders Meet" sessions
with local industry associations on a
regular basis, giving you opportunities
to share experiences with your peers. |
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TDC Cyber Platform - tdctrade.com is a cyber
platform where you can access TDC contents and services, plus those
of more than 60 Internet partners. Its one-stop Cyber Marketplace
- hkenterprise.com has a powerful search engine, enabling users
to access the most up-to-date information on products, services,
business partners and exhibitions in an easy and convenient way. |
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CEPA Business Service Centres
- The Hong Kong Trade Development Council has set up four
dedicated CEPA Business Service Centres in Hong Kong, Beijing,
Shanghai and Guangzhou, providing a one-stop solution for Mainland
and Hong Kong companies to capture business opportunities brought
about by CEPA. The Hong Kong Centre aims to provide the latest
news and related market information on CEPA, and will also organize
practical workshops for CEPA-relevant industries. Officials from
the Mainland will be on hand to provide one-on-one advice and assistance
to Hong Kong SMEs interested in entering the Mainland market. Latest
timetable for upcoming advisory service and other CEPA Business
Service Centre events is available at www.tdctrade.com/cepa. |
Sources: Hong Kong
Trade Development Council |
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