By Vlad Cuc, specialist in company formation matters
The tourism sector in Hong Kong
Hong Kong is a tourist destination as much as it is a business one and visitors from all around the world are coming to visit this vibrant city. Travel agencies in Hong Kong are offering various services to their clients and because tourism is one of the three most important sources of income for Hong Kong, opening a travel agency is a good business option for investors.
Most of the tourists who visit Hong Kong come from Mainland China but tourists from the United States and Taiwan are also in the top nationalities that visit the city. In order to facilitate this business sector, various measures to encourage tourism were introduced in 2002. Since then, travel agents in Hong Kong have increased significantly.
Hong Kong is promoted as a business and leisure destination and the city attracts its visitors with well-known landmarks like Victoria Harbour and Victoria Peak, museums, resorts and many others.
We invite you to watch a short video about opening a travel agency in Hong Kong:
Start a travel agency
A travel agency in Hong Kong will need to obtain a special permit known as a travel agent’s license. This is required for any travel agency that offers outbound or inbound services. Our Hong Kong company formation agents can help you obtain the business licence and start your company.
The first step is company registration in Hong Kong. Business owners must first set up a type of company and obtain a certificate of incorporation from the Hong Kong Companies Registry. Our experts can also help you set up an office, either by renting an office space in Hong Kong or purchasing a property.
A travel agency in Hong Kong must appoint an executive for the company. This person must have relevant experience in the field and must be a Hong Kong citizen or a holder of an employment visa. The appointed executive will apply for a travel agent license and he/she must be a member of the Travel Industry Council of Hong Kong. A travel agency or agent in Hong Kong must also be a member of a travel association in Hong Kong. Our Hong Kong company formation representatives can give you more information about the available travel associations.
Special permits for travel agencies in Hong Kong
In order to obtain a travel agent’s license, the applicant needs to submit certain documents and a fee to the Hong Kong Travel Agent’s Registry. Some of the documents are:
-the application form;
-a copy of the company’s Board Resolution appointing the executive who will represent the company in applying for the travel agent license;
-the travel agency’s scope of business;
-copies of the company’s incorporation documents;
-copies of membership in the Travel Association and the Travel Industry Council;
Other documents may also be needed to provide information about the company, its members, and scope of activities. Our company incorporation specialists in Hong Kong can give you more details.
Call us now at(+44) 203-287 0408to set up an appointment with our company formation experts in Hong Kong. As our client, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Hong Kong.
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