B.String Business Consulting Ltd.

Unlimited company fulfilling criteria as below may exempt from payment of Business Registration fee :

• Every person can claim one exemption only for each year;
• If a person is owner of 2 unlimited companies, he cannot claim exemption for any one of them;
• Only applicable to sole proprietor unlimited company;
• Both Hong Kong resident and non-Hong Kong resident are eligible;
• For service business – average monthly receipt is < HK$ 10,000;
• For other business – average monthly receipt is < HK$ 30,000.

We can help to apply for business registration fee exemption at a fee of HK$ 500.

For new business registration, you have to pay for the registration fee and wait for refund. As it is a new business, applicant need to prove that the income of the new business will fulfil the income requirement.

For business registration renewal, you can exempt from payment if application is lodged properly. Last year Income record of the business is required to prove fulfilment of requirement.

For all exemption application, applicant may need to pay back the exempted business registration fee if it is found that the income requirement (or any other requirement) is not fulfilled.