Hong Kong is a tourist destination as well as a top business jurisdiction. The city is known for its cultural blend, the shopping districts, and the international cuisine. What’s more, tourists are welcomed by a variety of companies in Hong Kong that provide entertainment options.
Investors who open a yacht charter company in Hong Kong appeal to the tourists who want to enjoy their trip in yet another way than spending time in the city. The geography of the region makes Hong Kong an ideal location for water sports and a yacht cruise is preferred by many who want to enjoy a leisure cruise.
Yacht charter companies in Hong Kong
Yacht charter companies in Hong Kong provide a number of services and packages to their clients. Most of these types of companies have a diverse fleet of boats, with options fitted to all budgets.
Companies that specialize in yacht services in Hong Kong offer packages for:
– corporate events;
– family cruises;
– private dining;
– DJ parties;
– island hopping;
– photoshoots;
– overnight stays;
– weddings;
– other celebrations.
Hong Kong yacht renting companies can also enter into a partnership with other businesses that provide connected services like water sports. These services can be included in a special watersports package.
Special permits and licenses are needed by companies that provide these types of services. Pleasure vessels, also referred to as Class IV vessels, need to be licensed by the Government and their operators also need to be licensed. Moreover, the vessels need to operate under a valid third-party risk insurance policy.
One of our Hong Kong company formation agents can give you detailed information on the requirements for pleasure vessels operators and the boat licenses.
How to open a Hong Kong company
Company formation in Hong Kong is a simple and straightforward process. Investors who want to open a yacht charter company should follow these steps:
– have a business plan and choose the type of company;
– find and reserve an available company name;
– draft the Articles of Association;
– open a bank account;
– submit the documents and pay the fees for company registration with the Hong Kong Companies Registry;
– establish a registered office and purchase the fleet of vessels;
– hire personnel and promote your new business.
Please note that these steps are only a simplified version of the Hong Kong company formation procedure.
You can contact us for more detailed information and assistance.