Setting Up an Employment Agency
Launching an employment agency in Hong Kong involves securing licenses and registering your business. Here's a general roadmap:
1. Company Registration:
Choose a business structure (sole proprietorship, partnership, limited company).
Register your business with the Inland Revenue Department (IRD) to obtain a Business Registration Certificate (BRC).
If you opt for a limited company, register with the Companies Registry (CR) for a Certificate of Incorporation.
2. Employment Agency License:
Apply for an Employment Agency License from the Hong Kong Labour Department. You'll need your BRC and (for limited companies) Certificate of Incorporation.
Nominate a person as the agency operator who will oversee daily operations.
Ensure the operator has a clean criminal record.
3. Additional Steps:
Pick a suitable business name and get approval from the Labour Department.
Find a commercial office space.
Set up accounting and bookkeeping practices.
Detailed Information and Application Forms
The Hong Kong Labour Department is the primary source for detailed information and application forms for an Employment Agency License. Here's how to access them:
Website: Visit the Labour Department's Employment Agencies Administration (EAA) website on licensing: https://www.eaa.labour.gov.hk/en/licensing.html
Application Form: The downloadable application form titled "Employment Agency Licence Application" (EA-LD184S.pdf) can be found on the EAA website.
Key Points from the Website:
License Requirement: The website clarifies that operating an employment agency in Hong Kong requires a license or a Certificate of Exemption (CoE) issued by the Commissioner for Labour.
Name Approval: Before submitting the application, propose your agency's name and phone number to the EAA for approval via email (ea-ee@labour.gov.hk) or fax (2115 3756).
Validity: The license is valid for one year and needs renewal two months before expiry.
Resources:
For detailed information and application forms, refer to the Hong Kong Labour Department website or consult a business advisor in Hong Kong. Here are some resources to get you started:
Hong Kong Labour Department Licensing of employment agency
How Bestar can Help
Here's a breakdown of Bestar's area of expertise in setting up your employment agency in Hong Kong:
General Business Registration: We offer general advice on choosing a business structure (sole proprietorship, partnership, limited company) and assist with registering your business with the Inland Revenue Department (IRD) to obtain a Business Registration Certificate (BRC).
Employment Agency License Application: Obtaining the license is a crucial step and requires expertise in employment agency regulations. Bestar handles this process. Our business advisors in Hong Kong have a proven track record of helping clients with the Employment Agency License application.
Understanding Regulations: Bestar can help you understand relevant regulations for employment agencies in Hong Kong, including labor laws, data privacy, and tax implications.
Accounting and Bookkeeping: Setting up accounting practices is crucial, and Bestar can help establish a system for recording your financial transactions.
Taxation Advice: We can advise on tax regulations relevant to employment agencies in Hong Kong.
Leverage Bestar for initial business setup guidance and understanding regulations, and the Employment Agency License application.
Contact Bestar: Reach out to us to inquire about our services for setting up an employment agency. We can assist you with the entire process, including the Employment Agency license application.
Comments