Planning to take your first step into entrepreneurship? While the business registration process can be complex and overwhelming, NOVA has compiled this comprehensive guide explaining the application process, required documents, and business registration fees to help you complete your registration efficiently and save time!
What is a Business Registration Certificate?
According to Hong Kong’s Business Registration Ordinance, a business registration certificate (BR) is a legal document required for any person or company operating a business in Hong Kong. Whether you’re operating as a sole proprietorship, partnership, or limited company, if you’re conducting business in Hong Kong, you must apply for a business registration certificate within one month of commencing operations.
Why Apply for Business Registration?
A business registration certificate (BR) serves as proof of legal operation, fulfilling statutory obligations and avoiding legal risks. Businesses need a valid BR to apply for any licenses or bank accounts. The business registration certificate is also necessary for applying for funding and loan schemes to support business development. Additionally, it helps establish business credibility and enhances corporate trustworthiness.
Required Documents for Business Registration
- Completed application forms (Form 1(a), 1(b), 1(c), 1(ca), or 1(d))
- Copy of identity documents
- Copy of Certificate of Incorporation (if applicable)
- Other relevant documents
Business Registration Application Process
Business operators must apply for business registration within one month of commencing operations. There are two application methods: online application or written application by mail or in person:
1. Online Application
Online applications are available for sole proprietorships, partnerships (excluding Limited Partnership Funds), and branch businesses. Operators can submit applications through the Hong Kong Government’s one-stop portal using digital certificates or iAM Smart+ accounts for identity verification and digital signatures. After selecting the application type and entering required information, applicants can download their business registration certificate electronic record within 2 working days of submission and payment, print their BR, and complete the registration process.
2. Written Application
For written applications, first identify your business type (sole proprietorship, corporation, partnership, Limited Partnership Fund, other unincorporated bodies, or branch business) and complete the corresponding forms.
- Visit the Business Registration Office in person or request Form IRBR94 via email or fax to obtain Form 1a or 1c based on business type
- Complete the relevant forms and prepare copies of ID documents for sole proprietors or partnership owners
- Submit completed forms with ID document copies either:
- By mail to P.O. Box 29015, Concorde Road Post Office, Kowloon, Hong Kong
- In person at the Business Registration Office, 2/F, Revenue Tower, 5 Concorde Road, Kai Tak
- Processing time is 2-3 working days for mail submissions; in-person submissions can be collected after approximately 30 minutes.
Business Registration Fee Overview
Business registration fees consist of the registration fee and levy. According to the 2024/25 Hong Kong Government Budget, from April 1, 2024, the levy for one-year certificates is waived, and the business registration fee is adjusted to HK$2,200 for two years. Therefore, the total fee for a one-year BR is HK$2,200. For three-year certificates, the fee is adjusted to HK$5,200 plus a levy of HK$450, totaling HK$5,650. Please refer to the IRD’s latest fee schedule for detailed business registration fees and levies.
NOVA’s company registration services provide the best solutions for entrepreneurs looking to start their business smoothly and quickly in Hong Kong. Our professional licensed team can complete your company registration procedures as fast as same-day service.
Frequently Asked Questions (FAQs)
What are the consequences of late BR renewal fee payment?
According to the Business Registration Ordinance, failure to pay business registration certificate renewal fees on time can result in a maximum penalty of HK$5,000 or one year imprisonment. First-time offenders typically receive a HK$300 surcharge notice; repeat offenders or serious cases may face court summons. Therefore, late BR fee payment can have serious legal consequences and negatively impact your business.
Do I need a business registration certificate if I operate an online shop with monthly turnover below HK$10,000?
Regardless of the business format or turnover amount, if the business involves profit-making activities, a business registration certificate is required. However, businesses with lower turnover may apply for registration fee exemption. For details, please refer to the Inland Revenue Department.
