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What is the difference between a limited company and an unlimited company under company registration?
It is When the owners encountering the business loss, the owner of a limited company only has to compensate the amount of the registered capital to the creditors while the owner of an unlimited company has to bear all the debts of the company. After the limited company owner pay the certain amount he or she should bear, he can declared the bankruptcy of the company.
What kind of information is needed to establish a new company in Hong Kong?
According to the regulations of business registration hong kong, the name of the company, registered capital (usually $10000), a list of the founders, information of the shareholders, company secretary and directors of board, and the registered address.
Can we change the registered name of the company after the company set up?
Yes! If the company has passed this motion through a special resolution meeting, they can change their name! They need to report to the government and pay the business registration fee through the website of Companies Registry. You can go to their office for that as well.
