Introduction
You are now in the second module of Business Law Toolkit Series – a collaboration between EmpowerU, Mayer Brown, and Foundation for Shared Impact. In this module, Instructors Charlene Wong and Alex Burdulia will discuss the different types of business structures, as well as the legal requirements entrepreneurs can consider.
The learning objectives within this module include:
- To gain an understanding of different business structures along with their pros and cons
- To learn the requirements for: opening a bank account, business formation filing, licensing, taxes, and insolvency
- To gain an overall understanding of corporate governance and relevant constitutional documents
Business Structures
- There are three main business structures used in Hong Kong which will be discussed in this module. There are various basic requirements each business must abide by and will be explained in this module.
Corporate Governance
- Learn more about corporate governance and how it can make your business more efficient, less risky, and more profitable! Constitutional documents for the business entities described in Part A of this module will be discussed. Charlene and Alex expand on governance matters for private limited companies with a case study.
Relevant Toolkits
To access more information about any of the following, follow these links:
- Types of business entities
- The Hong Kong tax system
- Annual Audit and Profits tax
- Annual filing requirements
The information provided on this website should not be construed as legal advice or a legal opinion on any specific facts or circumstances. This guide is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. The contents are limited to the laws of Hong Kong as at the date of writing and is intended for general informational purposes only. You are urged to consult your attorney concerning any particular situation and any specific legal question you may have. This website contains links to other third-party websites, and such links are only for the convenience of the reader, user or browser. These links to third-party websites or information are not intended as, and should not be interpreted by you as, constituting or implying our endorsement, sponsorship, or recommendation of the third party information, products, or services found there.
