Hong Kong offers a wide variety of premises to suit any business, there are several types of office for investor/merchant to choose.
Serviced or virtual offices are a popular choice for newly arrived companies.
Serviced offices are available across the city, allow for short-term leases and often provide tenants with a range of secretarial services.
Virtual offices provide a mailing address and a receptionist, who will answer the phone on behalf of your company.
Industrial buildings
Hong Kong offers three main types of industrial buildings for office set-up:
1. Flatted factories – for general manufacturing, normally intended for sale or lease;
2. Industrial/office premises – floor space in developments with planning permission and lease modification for industrial/office use, certified for occupation;
3. Specialised factories – primarily purpose-built for specialised manufacturing process, usually for occupation by a single operator;
Leasing an office
Leases are typically for two to three years with an option to renew. They should always come with a full tenancy agreement. Outgoings will include:
1. Cash security deposit (up to three months’ rent, including service charge and government rates) One-off fee to the property agent (normally one month’s rent);
2. Management service charges – typically covering air conditioning, security, common areas, cleaning and other building services;
i. Government rates at five percent of annual rateable value, payable quarterly in advance;
ii. Government rent is calculated at three percent of the rateable value of the property and is adjusted in step with any subsequent changes in the rateable value;
iii. Legal fees (if you employ a lawyer to process the tenancy agreement).
We Tannet provides services in leasing activities, like searching targeted offices, handling tenancy agreements and other related items, helping you to deal with leasing issues.
Contact us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.
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