What Happens After Hong Kong Company Formation? Your First 90 Days
So, you’ve completed your HK company formation — congratulations! But what happens next? The first 90 days after setting up your company are critical. It’s the foundation period that sets the tone for your future operations, compliance, and growth.
Here’s a clear breakdown of what to focus on during this important stage.
Week 1–2: Post-Incorporation Essentials
After successful company formation, you’ll receive key documents including:
- Certificate of Incorporation
- Business Registration Certificate
- Articles of Association
Next, you’ll need to appoint a company secretary (if not already done), confirm your registered address, and set up your company seal and statutory records.
Week 2–4: Open a Business Bank Account
Having a corporate bank account is crucial for operating in Hong Kong. Many traditional banks have strict onboarding procedures and may require an in-person interview. If that’s not feasible, some entrepreneurs opt for digital banks or virtual financial service platforms.
Working with a company formation service provider Hong Kong can increase your chances of approval. They often have banking partners and can guide you through the application process.
Week 4–6: Get Your Accounting System Ready
Hong Kong companies must keep proper financial records from day one. Even if your company isn’t generating revenue yet, you need to track startup costs, service fees, and banking transactions.
During this period, you should:
- Choose accounting software
- Engage with an accountant familiar with Hong Kong regulations
- Understand when your first audit and tax filings are due
Week 6–8: Understand Your Compliance Responsibilities
Hong Kong’s business-friendly environment still comes with strict compliance standards. In your first 90 days, be sure to understand:
- Your annual return filing deadline (usually within 42 days of incorporation anniversary)
- Employer obligations (if hiring)
- Business license requirements (depending on your sector)
A good service provider will set automatic reminders and ensure you don’t miss critical filings.
Week 8–12: Build Operational Readiness
Now that your company is legally ready and your bank account is open, it’s time to focus on business. Start by:
- Creating a company website and brand assets
- Finalizing your service or product offering
- Planning your marketing and outreach strategy
Let AsiaBC Support You Beyond Company Formation
Setting up a company in Hong Kong is just the beginning. What you do next determines whether you grow smoothly — or run into costly delays. At AsiaBC, we support entrepreneurs throughout their journey, from incorporation to daily compliance, banking, accounting, and expansion.
Our team helps you navigate the post-incorporation period confidently, ensuring you stay compliant while focusing on what matters most — growing your business.
Ready to move forward after your Hong Kong company formation? Let AsiaBC guide your first 90 days and beyond.
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