About SBC International

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2 About SBC International SBC International is a professional corporate consultancy and company formation organization in Hong Kong, Mainland China and Singapore. Founded in 1995, SBC has established many service points located in prosperous business districts in Hong Kong and the major cities of the Mainland China with over 150,000 sq.ft. of total service point area supported by a professional service team of over 400 staff. SBC has served more than 400,000 clients since it has commenced business and therefore it is trusted by many Hong Kong, Mainland China as well as overseas clients as a reliable and reputable service provider. Professional service team that is delighted to serve our clients Provides comprehensive business and communication service to support the clients for business expansion Different sizes of conference room and office that suit the needs of various clients Professional service team providing a one-stop service for accounting and taxation service Professional Awards obtained: Hong Kong Institute of Certified Public Accountants The Institute of Chartered Secretaries and Administrators Association of International Accountants The Society of Chinese Accountants & Auditors Financial Planners The Taxation Institute of Hong Kong The Hong Kong Institute of Directors 01

3 Scope of Services Company Formation Service Attractions Information Analysis of Company Formation Hong Kong Limited Company Hong Kong Company Limited by Guarantee BVI SEYCHELLES SINGAPORE SAMOA CAYMAN USA DELAWARE UNITED KINGDOM Corporate Management Service Attractions Furnished Instant Office Virtual Office Package Opening Bank Account United Kingdom Value Added Tax (VAT) Trademark Registration (HK) Trademark Registration (UK & EU) Legal Document Certification and Apostil Accounting Taxation Audit (Audit service is provided by SBC CPA Limited independently) Service Attractions Advantages of Accounting, Taxation and Audit Services for Hong Kong Limited Company SINGAPORE Company Service Attractions and Introductions Trademark Registration (Singapore) Singapore Goods and Services Tax (GST) Contact Us Service Point Contact Information Professional Consultant Contact Information Your Business Partner for Success 您的營商最佳夥伴 02

4 Company Formation Company Formation Over the past years, our professional and experienced formation team has been assisting in the formation of limited company for more than 400,000 clients by providing a one-stop service of company formation for Hong Kong and offshore limited company, annual return filing, amendment of company structure information with supportive professional advice. Considering the best interest of our clients with reasonable service charge and high quality of professional service is always the mission of SBC as a trusted partner. Professional Formation Services Include: Formation of Hong Kong Limited Company Overseas and Offshore Limited Company Ready-Made Company available for immediate use at the same price of Tailor-Made Company Company Secretary Service Filing of Annual Return Appointment and Resignation of Company Director Share Transfer and Transaction Deregistration Supporting with Professional Advice 03

5 Company Formation Formation of Hong Kong Limited Company International Financial Center Robust Legal System No restrictions on capital flows and foreign exchange Highly competitive tax regime No restrictions on the scope of business operation Easily propel business into the international market Formation of Offshore Limited Company No restrictions on the nationality of the Director and Shareholder of the company High levels of corporate confidentiality No restrictions on the location of the bank account Flexibility on capital flows No restrictions on the scope of business operation Tax-free policy and no requirement on annual submission of accounting record 04

6 Company Formation Information Analysis of Company Formation HONG KONG CHINA BVI SEYCHELLES SINGAPORE SAMOA CAYMAN USA DELAWARE UK Company Name English Chinese x x x Company Director Company Shareholder Company Secretary Not Required Not Required Not Required Not Required Not Required Basic Issued Captial 50,000 shares (No restricitons on the currency of share par value) 1,000,000 shares (No restricitons on the currency of share par value) 1,000 shares (No restricitons on the currency of share par value) HK$10,000.- US$50,000.- US$1,000,000.- US$50, ,000 shares (No restricitons on the currency of share par value) Ready-Made Company Time Required (Working Day) Same Day Same Day Same Day Tailor-Made Company Time Required (Working Day) 10 Days 10 Days 10 Days 10 Days 15 Days 30 Days 10 Days 5 Days Annual Return / Renewal Anniversary of Incorporation Renewal in May of the subsequent year (Incorporated between January - June) Renewal in November of the subsequent year (Incorporated between July - December) 30 days before the Anniversary of Incorporation Anniversary of Incorporation Renewal in November of the subsequent year Renewal in December annually Renewal in December annually Anniversary of Incorporation Able to be Listed in Hong Kong x x 05

7 Company Formation HONG KONG Location Located in the south-eastern part of Zhu Jiang Mainland China, facing the Ocean of the Southern China, composed by the Hong Kong Island, Kowloon Peninsula and New Territories Population Around 7,000,000 Language Cantonese, Putonghua and English Legal System Basic Law Formation Requirement - Company Name Requirement: English Name Chinese Name - 1 Director - 1 Shareholder (no restrictions on the nationality; Shareholder can also be appointed as Director) - 1 Company Secretary - No restrictions on the currency of share par value (e.g. USD / HKD / RMB etc.) First Member Subscription content in M&A and formalities First Shareholder Number of Share First Director First Company Secretary Tailor-Made Company Name of Client Owned by Client Name of Client SBC International Ready-Made Company SBC International SBC International (Holding 1 share) SBC International SBC International Documentation 1. Certificate of Incorporation (C.I.) 2. Business Registration Certificate (B.R.) 3. Registration documentations sheets of Share Certificate copies of Memorandum & Articles (M&A) 6. 1 Company Statutory Record and Company Kit 7. 3 pieces of Pre-ink Stamp Time Required Ready-Made Company - Same day Tailor-Made Company - 10 working days Annual Return 秘書服務 Company Secretary Service File Annual Return on the anniversary of incorporation to ensure the legitimacy of the company - Company Annual Return - Business Registration Certificate renewal Services Include: - Provision of registered address for 1 year (for receiving government mail only) - Handling of Annual Return for the year, including the filing of company Annual Return and renewal of the Business Registration Certificate - Preparation and submission of documents to the Companies Registry (e.g. Change of Company Name / Director or Shareholder information and Share transfer) - Preparation of company minutes and resolutions (No participation in the meeting) - Provision of professional advice on Accounting, Taxation and Company Formation structure All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 06

8 Company Formation HONG KONG (Company Limited by Guarantee) Formation Requirement - Company Name Requirement: English Name Chinese Name - 2 Directors (Must be Natural Person) - 1 Company Secretary - Member(s) (No upper limit on the number of member) - Member(s) Guarantee Fund (No Limitation) Documentation 1. Certificate of Incorporation (C.I.) 2. Business Registration Certificate (B.R.) 3. Registration document copies of Articles of Association (A&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required Tailor-Made Company - 35 working days Annual Return 1. Business Registration Certificate - Renewal of Business Registration on the anniversary of incorporation 2. Company Annual Return - 9 months after the end of its accounting period 3. Financial Statements (quotation to be provided separately) - Must be submitted to the Government for Annual declaration with the "Company Annual Return 秘書服務 Company Secretary Service Services Include: - Handling of Annual Return for the year, including the filing of company Annual Return and renewal of the Business Registration Certificate - Preparation and submission of documents to the Companies Registry (e.g. Change of Company Name / Director / Member information) - Preparation of company minutes and resolutions (No participation in the meeting) All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 07

9 Company Formation BVI Location Located 60 miles east of mid America at the Caribbean Sea which composed by around 40 islands of reef rock Population Around 30,000 Language English Legal System International Business Law Formation Requirement Document Required - Company Name Requirement: English Name Chinese Name (Optional, additional registration fee is required) - 1 Director - 1 Shareholder (no restriction on the nationality; Shareholder can also be appointed as Director) - No restrictions on the currency of share par value (e.g. USD / HKD / RMB etc.) - Standard issued share is 50,000 shares - Increase of share, additional registration fee is required - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder Advantages 1. Do not require Company Secretary 2. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality 3. Convenience on transfer of shares (No stamp duty / restriction) 4. Able to open a bank account in Hong Kong 5. Not required to submit Annual Return 6. Not required to submit the company accounts annually 7. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp 7. 1 piece of Common Seal Time Required Ready-Made Company - Same day Tailor-Made Company - 10 working days (FREE Certificate of Incumbency) Renewal Service - License fee should be paid annually to ensure the legitimacy of the company - Incorporated between January - June, renewal in May of the subsequent year Incorporated between July - December, renewal in November of the subsequent year - If issued capital has been increased, additional annual license fee is required All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 08

10 Company Formation SEYCHELLES Location Composed by 115 islands located at the southeast of the Indian Ocean. It has two deep water ports, which is the most efficient deepwater port in the Indian Ocean region Population Around 90,000 Language English, French Legal System English Common Law Formation Requirement - Company Name Requirement: English Name Chinese Name (Optional, FREE registration) - 1 Director - 1 Shareholder (No restrictions on the nationality; Shareholder can also be appointed as Director) - No restrictions on the currency of share par value (e.g. USD / HKD / RMB etc.) - Recommended issued share is 1,000,000 shares Document Required - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder Advantages 1. Do not require Company Secretary 2. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality 3. Convenience on transfer of shares (No stamp duty / restriction) 4. Able to open a bank account in Hong Kong 5. Not required to submit the company accounts annually 6. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required Ready-Made Company - Same day Tailor-Made Company - 10 working days (FREE Certificate of Incumbency) Annual Return License fee shall be paid together with a filing of Annual Return 30 days before the anniversary of incorporation to ensure the legitimacy of the company All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 09

11 Company Formation SINGAPORE Location Population Language Legal System Formation Requirement Document Required An island nation located in Southern Asia, next to Malaysia and Indonesia. It is the major financial and trade hub in the Southern Asia region. Singapore has a good reputation and is well-known for its high transparency of the business environment, favorable business policies, low tax rates, trustworthy legal system, efficient and incorrupt governance, which make it an ideal country for investment and business operations Around 5.4 million English, Mandarin English Common Law - Company Name Requirement: English Name - 1 Director (Minimum 1 Resident Director is required) - 1 Shareholder (No restriction on nationality) - 1 Resident Company Secretary - No restrictions on the currency of share par value (e.g. USD / HKD / RMB etc.) - Recommended issued share is 1,000 shares - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder Advantages 1. Convenience on transfer of shares 2. Able to open a bank account in Hong Kong & Singapore 3. Tax exemption for offshore business Documentation 1. Registration Document sheets of Share Certificate 3. 5 copies of Company Constitution 4. 1 Company Statutory Record and Company Kit 5. 2 pieces of Pre-ink Stamp Time Required 10 working days Annual Return 註冊需時 Company Secretary Service File Annual Return on the anniversary of incorporation to ensure the legitimacy of the company Services Include: - Provision of Singapore registered address for 1 year - Handling of Annual Return for the year, including: Filing of company Annual Return and Minutes of Annual General Meeting (AGM) - Preparation and submission of documents to the Accounting And Corporate Regulatory Authority (ACRA) (e.g. Change of Director or Shareholder information and Share transfer) - Preparation of company minutes and resolutions (No participation in the meeting) Taxation Service - Filing the Corporate Income Tax Returns annually (additional service charge apply) - Provision of professional advice on Accounting, Taxation and Company Formation structure - Registration for Goods and Services Tax (GST) account according to the legislation for business operated locally in Singapore All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 10

12 Company Formation SAMOA Location Composed by 9 islands located at the South of the South Pacific Ocean between Hawaii and New Zealand Population Around 210,000 Language English Legal System British Common Law Formation Requirement Document Required - Company Name Requirement: English Name Chinese Name (Optional, additional registration fee is required) - 1 Director - 1 Shareholder - 1 Company Secretary (No restrictions on the nationality; Shareholder / Company Secretary can also be appointed as Director) - Standard issued share capital is (US$)1,000, Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder First Member Subscription content in M&A and formalities First Shareholder Number of Share First Director First Company Secretary Tailor-Made Company Registered Agent Registered Agent (Holding 1 share) Name of Client Name of Client Advantages 1. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality 2. Convenience on transfer of shares (No stamp duty / restriction) 3. Able to open a bank account in Hong Kong 4. Not required to submit Annual Return 5. Not required to submit the company accounts annually 6. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required Renewal Service 15 working days (FREE Certificate of Incumbency) - License fee should be paid annually to ensure the legitimacy of the company - Renewal in November of the subsequent year - License fee shall be arranged irrespective of the issued share capital All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 11

13 Company Formation CAYMAN Location A British colony about 400 kilometers from the Florida state in Miami of America located in the Caribbean Sea Population Around 40,000 Language English Legal System International Business Law Formation Requirement Document Required - Company Name Requirement: English Name Chinese Name (Optional, additional registration fee is required) - 1 Director - 1 Shareholder (No restriction on the nationality; Shareholder can also be appointed as Director) - Standard issued share capital is (US$)50, Increase of share capital, additional registration fee is required - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder First Member Subscription content in M&A and formalities First Shareholder Number of Share First Director Tailor-Made Company Registered Agent Registered Agent (Holding 1 share) Name of Client Advantages 1. Do not require Company Secretary 2. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality 3. Convenience on transfer of shares (No stamp duty / restriction) 4. Able to open a bank account in Hong Kong 5. Not required to submit Annual Return 6. Not required to submit the company accounts annually 7. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required 30 working days Renewal Service - License fee should be paid annually to ensure the legitimacy of the company - Renewal in December annually - If issued capital has been increased, additional annual license fee is required All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 12

14 Company Formation USA - DELAWARE Location On the Eastern Seaboard of the United States, Delaware is bordered by Atlantic Ocean and Delaware Bay and sided with the states of New Jersey, Pennsylvania and Maryland. It has a distance of less than 125miles to the east coast business center of New York and the political central of Washington D.C. supported by the modern facilities at the Port of Wilmington which is suitable for business development by its nature Population Around 840,000 Language Legal System English Common Law & Federal Law Formation Requirement - Company Name Requirement: English Name -English Company Name must be ended with LLC (Limited Liability Company) - 1 Director - 1 Shareholder (No restrictions on the nationality; Shareholder can also be appointed as Director) - Standard issued share capital is (US$)50,000.- Document Required - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder Advantages 1. Do not require Company Secretary 2. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality 3. Convenience on transfer of shares (No stamp duty / restriction) 4. Able to open a bank account in Hong Kong 5. Not required to submit Annual Return 6. Not required to submit the company accounts annually 7. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required 10 working days Renewal Service - License fee should be paid annually to ensure the legitimacy of the company - Renewal in December annually - License fee shall be arranged irrespective of the issued share capital All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 13

15 Company Formation UNITED KINGDOM Location Population United Kingdom is comprises with England, Scotland, Northern Ireland, and Wales and is a member states of the European Union covering an area of 243,600 square kilometers. London being its capital is also the world's largest international foreign exchange market and international insurance centre as well as one of the leading financial and trade centres in the world Around 60 million Language Legal System English English Common Law Formation Requirement - Company Name Requirement: English Name - 1 Director - 1 Shareholder (No restriction on the nationality; Shareholder can also be appointed as Director) - No restrictions on the currency of share par value (e.g. POUND / USD / HKD / RMB etc.) - Recommended issued share is 1,000 shares Document Required - Identification Proof of the Director and Shareholder - Address Proof of the Director and Shareholder Advantages 1. Do not require Company Secretary 2. Convenience on transfer of shares (No stamp duty / restriction) 3. Able to open a bank account in Hong Kong 4. Tax exemption for offshore business Documentation 1. Certificate of Incorporation (C.I.) 2. Registration documentations sheets of Share Certificate 4. 5 copies of Memorandum & Articles (M&A) 5. 1 Company Statutory Record and Company Kit 6. 3 pieces of Pre-ink Stamp Time Required 5 working days Annual Return File Annual Return on the anniversary of incorporation to ensure the legitimacy of the company VAT Registration Registration for Value Added Tax (VAT) account if your business is being operated locally in the UK All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 14

16 Corporate Management Corporate Management SBC provides the most comprehensive services and effective financial solutions for corporations to create a competitive edge in a fast changing market. Through our professional corporate services, we seek to assist your company with the best possible business solution in achieving your business goals. Professional Corporate Services Include: Furnished Instant Office Virtual Office Package Opening Bank Account United Kingdom Value Added Tax (VAT) Trademark Registration (HK) Trademark Registration (UK & EU) Nomination Service Banking, Import & Export Custom Duty Legal Document Certification and Apostil 15

17 Corporate Management Furnished Instant Office Located in the main commercial areas, highlighting the professional image Harmony with various business coordination Simple startup procedure with the least setup cost Virtual Office Package The services of virtual office, reduce tremendous cost for setting up a physical office High flexibility, suitable for all kinds of business Superior r image, situated in the A-Grade commercial buildings Opening Bank Account Arrangement of opening bank account in Hong Kong and Singapore Saving time for the application and procedures Follow-up throughout the whole process of the issuance of bank account number and collecting all the bank account accessories United Kingdom Valued Added Tax (VAT) Application for the UK VAT registration Comply with the requirements of HM Revenue and Customs (HMRC) Filing VAT Return Quarterly 16

18 Corporate Management Trademark Registration (HK / UK / EU) Exclusive rights of the registered trademark Enhance the goodwill of the company and trademark Register for the best protection of trademark Nomination Service Avoid the disclosure of personal information No restrictions ri on the nominator s nationality Highest confidentiality to protect personal information Banking, Import t& Export Custom Duty Issue of letter of credit, transferable bills Receipt of stock, redirection and custom declaration at your service Provide convenience to overseas clients Legal Document Certification and Apostil Arrangement of certification issued by Hong Kong Lawyer and Chinese legal certification document Arrangement of international certification document Ensure the legitimacy of the company, cater the needs of client 17

19 Corporate Management Furnished Instant Office We provide furnished instant office to meet company s needs with flexible packages and terms. Our offices are located in the main financial districts of Hong Kong, with professional services catered to your needs. Located in the main commercial districts Suitable for all sizes of business Simple to startup with low procedural set-up cost Fully equipped conference rooms Supported by a comprehensive telecommunication system Professional team support Advantages Flexible leasing terms (You can start your business instantly) Available for 1-10 person Equipped with a highly-presentable reception Highly secure with safe 24-hours access Equipped with Individual telephone number, fax number, and high-speed broadband internet access Provided with complimentary coffee and tea in the pantry Cleaned regularly All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary Your Business Partner for Success 您的營商最佳夥伴 18 16

20 Corporate Management Virtual Office Package Our efficient virtual office service allows businesses to stay in touch with their clients without the need of establishing a physical office. This not only reduces the cost but also increases the efficiency of your business. Our quality virtual office package includes: Service Content <1> Registered Address Package <2> Basic Business Package <2A> Singapore Business Package <3> Standard Business Package <4> Premier Business Package <5> E-Fax Package Registered address for government Receiving / Redirecting government mail Registered Address Registered address for commercial mail Receiving / Redirecting commercial mail / parcel*** Use of charged services in the Business Centre Individual telephone line Individual Telephone Line Call answering by a professional secretary for message taking and notification Call answering by a professional secretary and transfer to a designated phone number* Automatically forwarding all calls to a designated phone number by the system* Provision of individual fax number E fax Fax will be transmitted directly to a designated for real-time viewing on the internet Notification being send to your phone number when a fax is received** * Applicable for telephone number in Hong Kong only ** Applicable for telephone number in Hong Kong and China only *** Receiving Parcel only applicable for Hong Kong s Package Service Remarks First time application additional charges Package deposit (Applicable for package 1-4) Package telephone line installation fee (Applicable for package 3&4) Additional charge for extra registrar Only 2 registrars are included for each of the packages above in which an additional charge will be applied for any extra registrar with a maximum of 4 registrars to be included in a package All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 19

21 Corporate Management Opening Bank Account With our network of business partners and a long-term relationship with banks, we can provide a one-stop service for opening a bank account. Documents requested by the banks (e.g. Minutes of Meeting / Organization Chart / Certified True Copy etc.) will be thoroughly prepared and our team will ensure that the entire process of setting up the bank account is completed. Our service is simple, efficient and effective. Procedure 1. Sign the bank account application forms 2. Submit all documentations to the bank for approval (Depends on the bank requirement) Identity proof (e.g. passport / entry pass / identity card) Address proof (e.g. electricity bill / water bill etc.) Business proof (e.g. business card / quotation / invoice / contract / website etc.) Corresponding address and telephone number Company structure and member information of offshore company 3. Issuance of bank account by the bank within a limited time 4. Delivery of the bank account accessories by the bank (e.g. cheque book, password etc.) 5. The whole procedure shall be completed upon the activation of the password Service Include 1. Execute the whole bank account opening procedure 2. Submit all relevant required documentations to the bank 3. Follow-up throughout the whole process of collecting all the bank account accessories until the bank account opening procedure is completed 4. Assistance in the maintenance of the bank account (for clients that have engaged in this service), including: - Amendment of account details: Authorized signer Company name Corresponding address - Application / Replacement of bank account accessories: Cheque book ATM card ATM card pin Internet banking security device Internet banking pin - Closing of bank account All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary Your Business Partner for Success 您的營商最佳夥伴 20

22 Corporate Management United Kingdom Valued Added Tax(VAT) Application for the UK VAT registration to comply with the HM Revenue and Customs (HMRC) quarterly tax filing requirement regarding sale of products and services to UK consumers. Registered VAT merchants are required to file VAT Return periodically to the HMRC and to pay the calculated VAT payable amount. Flexibility in handling United Kingdom Taxation Enhance competitiveness and customer confidence Simplify the procedure by Professional Taxation Team Support p the Application and Filing Returns Quarterly Applicant Sole Proprietorship Partnership business Corporate Associations (Whether established in the UK or Non-UK areas) Procedure 1. Sign the UK VAT application form 2. Submit the valid documents: 2.1 Proof of Identity A valid proof of identity of the director / shareholder (original passport) SBC shall issue a Certified True Copy of the valid proof of identity for the application of the UK VAT account Confirmative signature of the Client on the Certified True Copies of identification documents 2.2 Proof of Address 銀行代繳付供應商 Bank, 提高客戶議價能力 Loan statement issued in the last, 3 爭取最優惠價格 months Birth Certificate 客戶可善用信用證額度之優勢, 令企業營運更見彈性 Original copy of the utility bill such as electricity bill, water bill or telephone bill issued in the last 3 months Lease Contract 2.3 The name and address of the director / shareholder must be shown clearly on the proof of address with the issued date 3. VAT account number approved by the HM Revenue and Customs (HMRC) 4. Issuance of VAT Registration Certificate 5. Completion of application process Filing the UK VAT Returns Quarterly File every 3 months (Declare actual VAT paid for the quarter / month by request) The filing period may be requested to be in line with the financial period during application Appoint VAT Representative Submit Application Application Success Obtain VAT Registration Certificate All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 21

23 Corporate Management Trademark Registration (Hong Kong) Registered trademark can enhance reputation and is valued by all industries. Trademark registration ensures exclusive rights and protection over the trademark that is registered and can give rise to legal action and claim for compensation on any infringement on those rights. Procedure 1. Pre-filing Trademark Search: The trademark registration basically runs on a first-come, first-serve basis Sample of trademark is required by the Trade Marks Registry to perform registration search The Trade Marks Registry shall return with a tentative opinion or suggested modifications on the samples Application starts upon the confirmation of the trademark pattern 2. Submit Application: The Trade Marks Registry will complete the assessment based on the criteria set in the Trade Marks Ordinance 3. Publishing on the Gazette: The approved trademark sample will be published on the Hong Kong Intellectual Property Journal Final assessment will be processed if no objection is received within 3 months from the publication date A Registration Certificate will be issued by the Trade Marks Registry Pre-filing Trademark Search Submit Application Publishing on the Gazette Application Success Remarks The first filing includes 2 free registration searches in which an additional charge would be applied to the 3rd registration search thereafter The trademark registration fee would cover only 1 type of trademark classification An additional government registration fee should be paid for each additional class of trademark registration Continuance Service Trademark registration is valid for 10 years since 1st April 2003 with a possible renewal of 10 years registration upon its expiration Renewal of registration shall be applied before expiration in order to avoid Late Renewal Surcharge A restoration and renewal fee shall be paid if a trademark has expired for more than 6 months, or a new application of trademark registration is required All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary Your Business Partner for Success 您的營商最佳夥伴 22

24 Corporate Management Trademark Registration (UK & EU) With the UK trademark and EU trademark, the reputation of the brand can be enhanced in the UK and EU market. The owner / business of the registered EU trademark can make use of the exclusive rights of the registered EU trademark in 28 different countries among the EU. Procedure 1. Comprehensive Pre-registration Search: The trademark registration basically runs on a first-come, first-serve basis Sample of trademark is required by the Trade Marks Registry to perform registration search The Trade Marks Registry shall return with a tentative opinion or suggested modifications on the samples Application starts upon the confirmation of the trademark pattern 2. Submit Application: The Trade Marks Registry will complete the assessment based on the criteria set in the Trade Marks Ordinance 3. Scope of application: UK Trademark: United Kingdom EU Trademarks: 28 countries, as follows: Austria, Bulgaria, Belgium, Croatia, the Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom Comprehensive Pre-registration Search Submit Application Approval Application Success Remarks Provided with one free comprehensive search in which an additional charge would be applied to the 2nd comprehensive search thereafter The trademark registration fee would cover only 1 type of trademark classification An additional government registration fee should be paid for each additional class of trademark registration Continuance Service Trademark registration is valid for 10 years with a possible renewal of 10 years registration upon its expiration Renewal of registration shall be applied before expiration in order to avoid Late Renewal Surcharge A restoration and renewal fee shall be paid if a trademark has expired for more than 6 months, or a new application of trademark registration is required All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary

25 Corporate Management Legal Document Certification and Apostil The legal certification services ensure the legitimacy of the company s documents which suit the different application needs of clients. Service is referred to recognised solicitor s firm for handling. Content Certified Document Details Certified Document + Submit to China Legal for certification Applicable District Lead Time (Working Day) Certificate of Incorporation Business Registration Banker Reference Letter A Documents Certification 7 Days Within China B Company Information Certificate of Incorporation Business Registration Current Company Registration Document (Shareholders, directors, Capital) 10 Days C Notary Public Certificate of Incorporation Business Registration Current Company Registration Document (Shareholders, Directors, Capital) - Other Countries Undetermined D Certified True Copy Of Company Document By Lawyer Certificate of Incorporation Business Registration Banker Reference Letter - Within Hong Kong 3 Days E Company Documents Certificate of Incorporation Business Registration 10 Days F Bank Reference Certification Banker Reference Letter Within China G Company Information Certificate of Incorporation Business Registration Current Company Registration Document (Shareholders, Directors, Capital) Board of Directors Resolution (Declaration of the Legal Representative) Days Remarks Individual quotation is required for company not incorporated in Hong Kong Required to provide original Banker Reference Letter for certification, the time requested depends on the verification of each bank + China Legal Service (H.K.) Ltd. is the full name of China Legal All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary Your Business Partner for Success 您的營商最佳夥伴 24

26 Accounting Taxation Audit Accounting Taxation Audit Our professional team provides appropriate accounting and audit solutions via a thorough understanding of the client s business according to the ordinances in Hong Kong and the audit standards issued by the Hong Kong Institute of Certified Public Accountants such that the client can focus on their business development with a great saving at cost. Accounting, Taxation and Audit Services Include: Preparation of company s financial statements Preparation of Profits Tax Computation Completion and filing of any tax return Reply of Inland Revenue Department enquiry Audit Arrangement Service Tax Planning for HK Limited Company Audit for HK Listed Company Application for Liquidation of HK Limited Company Individual d or Company Credit Arrangement Plan Due Diligence Exercise for Company Account and Tax Filing for UK Limited Company Stock, fixed asset and cash count arrangement Preparation r of personal asset review report Internal control review (Audit service is provided by SBC CPA Limited independently) (Audit service is provided by SBC CPA Limited independently)

27 Accounting Taxation Audit Accounting Service Preparation of Company s financial statements Including Statement of Financial Position, Income Statement, General Ledger and Account Ledger All accounting information are processed with professional accounting software Clear and tidy accounting records Taxation Service Preparation of Profits Tax Computation Submission of all types of tax returns Handle different types of enquiry and offshore profits exemption application with the Inland Revenue Department Provide professional taxation advice according to the client s business requirements Audit Arrangement Service (Provided by SBC CPA LIMITED independently) Auditors report is prepared in both Chinese and English to provide better confidence for the client All the client s enquiries are handled by our professional accountants in Hong Kong Audit work shall be completed within a limited time as a service commitment Audit field work and physical stocktaking service are available at the client s office Tax Planning for HK Limited Company Review the background and operation model of the business by a professional Hong Kong Certified Tax Advisor to design for a comprehensive tax planning in accordance with the applicable tax laws and current conditions to maximize the tax benefits of the Company Your Business Partner for Success 您的營商最佳夥伴 26

28 Accounting Taxation Audit Audit for HK Listed Company (Provided by SBC CPA LIMITED independently) Provide comprehensive and quality HK Listed Company audit at an affordable price under the management of an experienced Practising Certified Public Accountant who worked in the Big 4 with extensive knowledge of Listed Company audit Application for Liquidation of HK Limited Company Appointment of an experienced Hong Kong Practising Certified Public Accountant as a liquidator to arrange for the voluntary liquidation process with necessary filings and accounts preparation Individual or Company Credit Arrangement Plan Detailed analysis of the client s financial background and credit status and to provide professional advice and credit restructuring plan by a Registered Financial Planner in Hong Kong Due Diligence Exercise for Company Conduct due diligence exercise with certain agreed-upon procedures to review the relevant company s documents and financial information based on client s request and the consent of the target company in order to enhance the understanding of the compliance and financial status of the target company 27

29 Accounting Taxation Audit Account and Tax Filing for UK Limited Company Prepare the accounts and tax filing for UK Company by qualified accountants in Hong Kong in accordance to the UK Generally Accepted Accounting Principles Physical Stocktaking Service Perform different types of tangible asset count (e.g. Stock, fixed asset and cash etc.) Outline the stock control details to facilitate the operation efficiency Comply with the audit standard of Hong Kong Institute of Certified Public Accountants with independent physical stocktaking on tangible assets Individual Asset Assessment Preparation of individual asset assessment report Trusty service handled by professional accountant in Hong Kong Internal Control Review Risk assessment and management to strengthen the risk handling and reactivity Operation assessment and management for the review of income and cost control Treasury control protects the interest of the shareholder Human resources control ensure the proper allocation of human resources and compliance Compliance control ensure a comprehensive management system of the corporate Your Business Partner for Success 您的營商最佳夥伴 28

30 Accounting Taxation Audit Advantages of Accounting, Taxation and Audit Services for Hong Kong Limited Company Advantages of Accounting Service for Company in Hong Kong Effective financial management Strong and valid income proof Accounting records are prepared and to be kept for at least 7 years according to the regulations Use for loan and financial facility application Enhance the reputation, recognition and goodwill for the preparation of public listing Advantages of Taxation Service for Company in Hong Kong Simple and reasonable taxation policy at a low tax rate Filing a tax return to comply with the regulations does not necessary mean to pay tax No need to pay tax if no profits is made Simple requirement on the invoice and receipt No limitations on the expenditure item and amount Flexible tax filing deadline Loss incurred can be compensated for the future profits without any limitation continuously Tax charge based on territory source of income No tax apply on dividend after tax Maintain the company s legitimacy by avoiding late filing penalty Advantages of Audit Service for Company in Hong Kong Compliance of audited account as required by the Company Ordinance for limited company Audited account are more precise and legitimate Comply to the tax filing documentation requirement of the Inland Revenue Department Enhance the recognition of the company s account 29

31 Singapore Company SINGAPORE Company Authorized by the Accounting and Corporate Regulatory Authority (ACRA) of Singapore in 2017 as a filing agent to conduct incorporation and business management services for Singapore Company which help to establish a marketing network of the corporate management services within the South East Asia Region. Our professional service team is dedicated to assist all business to explore and develop the South East Asia market. The Accounting and Corporate Regulatory Authority (ACRA) Please visit the Singapore website below for our Filing Agent information Singapore Business Federation Please visit the Singapore website below for our Statutory Member information Your Business Partner for Success 您的營商最佳夥伴 30

32 Singapore Company Trademark Registration (Singapore) Trademark is a legal right for an individual or body corporate to own and use exclusively of a certain design, brand or logo in certain countries. Registered Trademark gives the owner the ability to protect the trademark from being copied and improper illusion created by another person other than the trademark owner during the course of service and trade. Advantages Unique branding, higher quality appearance of the company Protect Intellectual property rights and develop branding that is easily recognizable to the public Developing international market to enhance the Brand Become a profitable asset and measure of one s successful branding and of the company Take legal action on any infringements of trademark rights Successful Trademark registration gives the owner 10 years rights and unlimited number of renewal Registration Procedures The total length of trademark registration and process is approximately 6 months. Procedures are as follows: 1. Complete the Application form for trademark 2. Trademark comprehensive search 3. Application submission - minimum requirement (Preliminary approval) 4. Examination period by Intellectual Property Office of Singapore (IPOS) approximately 4 months 5. IPOS publishes trademark approximately 2 months 6. IPOS issuance of official registration certificate Note: Any opposition during publication period or re-issue of examination report will require additional time by the IPOS Comprehensive Pre-registration Search Submit Application Approval Registration Certificate Remarks Renewal Service Each application includes 2 free registration searches The trademark registration fee only cover 1 type of trademark classification Additional searches & classification would incur additional charges per search Government fee charges on additional classification of goods and services Trademark registration is valid for 10 years and able for renewal of 10 years registration upon renewal date Renewal registration shall be applied before the expiration date in order to avoid any Late Renewal Penalties and Surcharge A restoration and renewal fee shall be paid if a trademark has been expired for 6-12 month after the due date of the renewal or otherwise require new registration All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary 31

33 Singapore Company Singapore Goods and Services Tax (GST) Singapore Goods and Services Tax (GST) is a tax levied on the import of goods, and almost all supplies of goods and services in Singapore. Application for the registration of Singapore GST account is necessary in order to comply with the quarterly tax filling requirement of the Inland Revenue Authority of Singapore (IRAS) regarding sales of goods and services to Singapore consumers and import customs. Register GST account to enhance competivieness & customer confidence Enjoy GST tax setoff benefit Simple registration & filing GST returns by professional taxation team Support p the Application and Filing Returns Quarterly Requirement - GST will be applied compulsorily when the taxable supplies of each year of assessment exceed SG$1Million and the Compulsory GST Registration is required. - When the taxable supplies of each quarter s end and the third quarter is less than SG$1Million, it is optional for the merchants to apply for the Voluntary GST Registration. Procedure 1. Complete the GST account application form 2. Submit the background information documents (e.g. Company name, estimated annual turnover, contact person, products / nature of business) 3. GST account number approved by the Inland Revenue Authority of Singapore (IRAS) 4. Issuance of the GST registration account number Filing of GST Returns Quarterly File every 3 months (declare actual GST paid & received for the quarter) Appoint GST Representative Submit Application Application Success Obtain GST Account Number The above content is subject to change according to the latest government rules & regulations. All services mentioned are performed in Hong Kong in which the PRC and overseas service points are operates as a point of contact only We reserve the right to amend any of the prices and relevant terms without any notice when deemed necessary Your Business Partner for Success 您的營商最佳夥伴 32

34 China Hong Kong Service Points China Service Points Kowloon Bay (Headquarter) 10/F., Tower A, Billion Centre, 1 Wang Kwong Road, Kowloon Bay Tel : (852) Fax : (852) kb@sbc.com.hk Tsimshatsui Unit 503, 5/F., Silvercord Tower 2, 30 Canton Rd., Tsimshatsui Tel : (852) Fax : (852) silvercord@sbc.com.hk Wanchai 11/F., Capital Centre, 151 Gloucester Road, Wanchai Tel : (852) Fax : (852) axa@sbc.com.hk SINGAPORE Service Point #11-20 International Plaza, 10 Anson Road, Singapore (079903) Tel : (65) Fax : (65) info@sbcincorp.sg BVI Service Point Shenzhen Unit 4505, 45/F.,Di Wang Comm. Ctr., Shennan Road East, Luohu District, Shenzhen Tel : (755) Fax : (755) shenzhen@sbc.com.hk Guangzhou Unit 3006, 30/F., Citic Plaza, 233 Tianhebei Road, Tianhe District, Guangzhou Tel : (20) Fax : (20) guangzhou@sbc.com.hk Shanghai (Jingan) Unit 1208, 12/F., South Tower, China Merchants Plaza, 333 Chengdu North Road, Jingan District, Shanghai Tel : (21) Fax : (21) jingan@sbc.com.hk Shanghai (Pudong) Unit 3410, 34/F., China Merchants Tower, No. 161 Lujiazhui East Road, Pudong New Area, Shanghai Tel : (21) Fax : (21) shanghai@sbc.com.hk Beijing Unit 606, 6/F, HNA Holding Tower, 108 Jianguo Road, Chaoyang District, Beijing Tel : (10) Fax : (10) beijing@sbc.com.hk Hangzhou Unit 2505, 25/F., Hongcheng International, 396 Juyuan Road, Qianjiang New City, Jianggan District, Hangzhou Tel : (571) Fax : (571) hangzhou@sbc.com.hk

35 Your Professional Consultant Serve You With The Greatest Pleasure Founded Since 1995 Reliable Business Partner Professional Team with over 400 Staff Service Points in Hong Kong, China and Singapore Tel : (852) (86) Fax : (852) info@sbcincorp.com

36 China Hong Kong: Kowloon Bay Tsimshatsui Wanchai China: Shenzhen Guangzhou Shanghai Beijing Nanjing Hangzhou Overseas: Singapore