A limited partnership in Hong Kong is a business entity established and co-owned by two or more parties with a view to sharing profits.
Business registration is a process of registering as a business that carries on business operations in Hong Kong or any other overseas or local jurisdiction. There are several legal steps and requirements to getting a business registration certificate and being officially incorporated in Hong Kong.
Proper accounting is complicated, time-consuming and requires (up-to-date) knowledge. Therefore, many SMEs and start-ups choose to outsource their company’s accounting functions.
General Partnerships in Hong Kong offer a blend of flexibility, simplicity, and potential for growth, making them an appealing choice for many entrepreneurs.