When we say a ‘readymade’ company, we get the idea of a company that has been already created. Well, the actual meaning is not much different in the commercial world. These are companies that exist in official documents until someone adopts them and starts operating. There is a ready made HK companies list where you will be selecting the name relevant to your business. A ready made company includes a registered name, common seal, certificate of incorporation, confirmation of liabilities and operations if any, Memorandum and Article of Associations, and other standard certificates.

Here is the process to forming a ready made company:

• A HK consultant provides the names and incorporation dates of the ready made companies from where you have to choose one for yourself. This will go to the Companies House that will register the ready made company under your name.

• The formation period is only 2 working days

• There is a provision of changing the name of the company. However, this will take a minimum of 20 days to process for issuing the certificate under the new name.

• As the client, you will have to pay the HK government a business registration fee in advance for issuing your company’s registration number or certificate.

Going for this type of business formation has its own perks. You can easily start your business transactions without any more ado. Find a better consultant and you will find the process much smoother. Their experienced professionals know where to follow when something gets stuck up. Getting involved directly in the operational activities might not be a good idea for you. A little help of these professional will accelerate the process and you can start your business in the e ever-increasing markets of Hong Kong without wasting a single moment.

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