open a real estate agency in hong kong

Open a Real Estate Agency in Hong Kong

A presentation brought to you by OpenCompanyHongKong.com

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The Real Estate Market in Hong Kong

• The real estate industry is an important contributor to Hong Kong’s economy.

• The last decade has seen a substantial increase in the demand for commercial and residential property, as a result of the city’s development and expansion.

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Commercial and Residential Properties in Hong Kong

• The demand for new office space has been fuelled by the large number of new businesses, particularly foreign companies.

• Residential property continues to remain a good investment option because of the large number of expatriates coming to the city.

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Real Estate Agencies in Hong Kong

• The high demand for office and residential buildings has spurred the growth of real estate agencies in Hong Kong.

• Investors who want to open this type of company in Hong Kong need to observe the general rules for incorporation.

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Real Estate Licenses in Hong Kong >>

• Entrepreneurs who open a company in Hong Kong that activates in real estate are required to have a special real estate license.

• This special permit is required as per the Hong Kong Estate Agents Ordinance.

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>> Real Estate Licenses in Hong Kong

• Investors may also set up a sole trader and act as an independent real estate agent and consultant.

• The same requirements for licensing apply for individual real estate agents in Hong Kong.

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Requirements for Real Estate Companies in Hong Kong

• Companies in Hong Kong that want to obtain an Estate Agent Licence must satisfy the following conditions:

be incorporated in Hong Kong as per the Companies Act;

have at least one director licensed as a real estate agent;

appoint a registered real estate agent as manager;

have competent and lawful directors.

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Company Registration in Hong Kong >>

• The company registration procedure in Hong Kong is straightforward and only lasts a few days, if all the documents are in order.

• Investors must choose an appropriate business form, the LLC for example, and register it.

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>> Company Registration in Hong Kong

• Hong Kong companies must be registered with the Companies Registry.

• One of our company registration agents in Hong Kong can help you submit the required applications and documents.

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Company Registration Assistance in Hong Kong

• After incorporation, real estate agencies in Hong Kong need to comply with the existing taxation requirements.

• A company registration specialist in Hong Kong can provide you with more information about company formation and compliance.

Thank You for Your Attention!

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office@lawfirmhongkong.com

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