Hong Kong Company Formation, Offshore Company Incorporation

A company in china may hold several chops and each being for different purposes and document.
Some chop is mandatory for every company incorporated in china and some is not.

Example :

• Company Chop is mandatory.
  It should be only one and required to record in local police station.
  If this chop is damage or by any reason need to make a new one to replace.
  Company need to :
  • Notice in the newspaper that the old Company Chop can not be used;
  • Make a new one and record in the police station.

• Financial Chop is mandatory.
  For every company incorporated in china, a RMB bank account is mandatory. And for all bank issue, a Financial Chop is mandatory.
  Therefor, Financial Chop also become mandatory.

• Contract Chop is optional.
  Generally a business agreement will use the Company Chop to sign.
  For some big company, since only one Company Chop, the company will consider to make a Contract Chop to sign the business agreement.