In Hong Kong, a business name registration is typically linked to the Business Registration Certificate, which is issued by the Inland Revenue Department. The duration of a business name registration can vary:
- One-year Certificate: This is the most common option where the business name registration is valid for one year from the date of issue.
- Three-year Certificate: Businesses also have the option to register for three years, which can be more convenient and slightly less expensive per year compared to the one-year certificate.
It’s important to renew the registration before it expires to avoid penalties and to ensure continuous legal operation of the business. The specific details of the business registration, including its expiry and renewal requirements, are usually clearly stated on the Business Registration Certificate itself.