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.
| Sole | Partnership | |
| 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 |
| Serevice Fee | 2-3days |
| 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.
