WEDNESDAY, MARCH 31, 1982
BUSINESS REGISTRATION REMINDER
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THE INLAND REVENUE DEPARTMENT TODAY (WEDNESDAY) REMINDED BUSINESS OPERATORS THAT ALL BUSINESSES, EXCEPT THOSE SPECIFICALLY EXEMPTED, ARE REQUIRED TO BE REGISTERED UNDER THE BUSINESS REGISTRATION ORDINANCE.
A SPOKESMAN FOR THE DEPARTMENT SAID THAT BUSINESS IS DEFINED AS ANY FORM OF TRADE, COMMERCE, CRAFTSMANSHIP, PROFESSION OR OTHER ACTIVITY CARRIED ON FOR THE PURPOSE OF GAIN. CLUBS ARE ALSO REQUIRED TO REGISTER IF THEY PROVIDE SERVICES FOR THEIR MEMBERS AND HAVE CLUB PREMISES OF WHICH THEIR MEMBERS HAVE A RIGHT OF EXCLUSIVE USE.
THE BUSINESSES WHICH ARE EXEMPT FROM THE PROVISIONS OF THE ORDINANCE ARE THE ACTIVITIES OF CHARITIES- THE BUSINESS OF AGRICULTURE, MARKET GARDENING OR FISHING THE BUSINESS OF BOOT-BLACK- ́AND BUSINESSES WHICH REQUIRE A HAWKER LICENCE UNDER THE HAWKERS' BY-LAW.
THE SPOKESMAN SAID THE REQUIREMENT APPLIES TO COMPANIES INCORPORATED IN HONG KONG AS WELL AS OVERSEAS COMPANIES TO WHICH PART XI OF THE COMPANIES ORDINANCE APPLIES, WHETHER OR NOT THEY CARRY ON BUSINESS LOCALLY.
APPLICATION FORMS FOR REGISTRATION MAY BE OBTAINED BY POST OR IN PERSON FROM THE BUSINESS REGISTRATION OFFICES OF THE INLAND REVENUE DEPARTMENT AT:
HONG KONG I KOWLOON
TSUEN WAN:
WINDSOR HOUSE, 3RD FLOOR, 311 GLOUCESTER ROAD. PARK-IN COMMERCIAL CENTRE, 12TH FLOOR,
56 DUNDAS STREET.MONG KOK.
FOU WAH CENTRE,210 CASTLE PEAK ROAD, GROUND FLOOR.
THE FORMS MAY BE COMPLETED IN CHINESE OR IN ENGLISH AND MAY BE RETURNED BY POST OR IN PERSON.
THE SPOKESMAN ADDED THAT A BUSINESS WITH TURNOVER OF LESS THAN $1 500 MONTHLY OR WHERE THE BUSINESS CONSISTS OF PROVIDING SERVICES WHICH HAD RECEIPTS OF LESS THAN $450 MONTHLY MAY APPLY FOR EXEMPTION OF THE REGISTRATION FEE OF $175.
ONCE A BUSINESS OR COMPANY IS REGISTERED, ANY CHANGE WHICH ALTERS THE REGISTERED PARTICULARS MUST BE NOTIFIED TO THE BUSINESS REGISTRATION OFFICE WITHIN ONE MONTH.
ANY ONE WHO FAILS TO COMPLY WITH THE PROVISION OF THE BUSINESS REGISTRATION ORDINANCE IS LIABLE TO A FINE OF $2 000 AND IMPRISONMENT FOR ONE YEAR, HE SAID.
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