Unlimited company proprietor / partners to be no limit on liability, risk management by the proprietor / partner of full commitment, the company's debt also increased from proprietor / partner in full charge; creditor is entitled to the court for seizure and sale of the East Main / partners under the name of private property. the business should be carefully considered before the start of a limited company or an unlimited company business.
|Number of proprietors||1||2 to 20|
|Legal Status||No independent legal status, only the name of the proprietors of private assets and contract||No independent legal status, only the name of partnership has a total assets of partners and contract|
|Debt obligations||Unlimited liability for the proprietor, if the end of the insolvent company, the proprietor must take full responsibility||In addition to the limited partnership a partner, other partners are unlimited; if the end of insolvent companies, partners must take full responsibility|
|Tax year end||Without auditing, personal expenses not deductible (Including the salaries of the proprietors and their spouses)||Without auditing, personal expenses not deductible (Including the salaries of the partners and their spouses)|
|Other Notes||Required to pay an annual business registration fee. However, in some cases,business registration fee will be waived||Required to pay an annual business registration fee. However, in some cases,business registration fee will be waived|
|Business Registration Fee||Business Registration Fee|
|Serevice Fee||HK$ 800|
|Documents received||Business registration, company chop|
Unlimited companies also need to declare an company registered address, we also offers an unlimited company registered address, hotline and other services.