Appoint Acclime as your process agent to accept services of notices, proceedings or legal documentation for your cross-border financial transactions in Hong Kong & Singapore. As your agent, we will receive locally-served legal documents on your behalf and ensure they are in the right hands. We can notify you via courier mail, email, WhatsApp or WeChat.
A process agent is someone who represents you or your business when performing international transactions or entering into legal agreements in a country where you don’t have a physical presence or a registered address.
They can act in a broad capacity, including acting as a process agent for court actions, receiving documents in connection with arbitration proceedings and receiving notices under contracts where an independent party is needed, and their appointment is highly recommended when dealing with suppliers, banks or lenders in foreign countries.
An example of a situation involving a process agent is taking a loan by a foreign entity in a country with no presence. The lending institution will require the foreign entity to appoint a process agent who will receive the court proceedings in the case that the entity defaults on the loan.
Service scope of a process agent:
Acting as your Hong Kong and Singapore process agent, Acclime is a reliable point of call for all cross-border transactions within these two jurisdictions.
Duration of Appointment | Number of related documents concerned in transaction* | ||
---|---|---|---|
1 – 3 | 4 – 6 | 7-10 | |
Up to 1 year | HK$ 5,500 | HK$ 5,500 | HK$ 6,000 |
1 – 2 years | HK$ 5,500 | HK$ 6,000 | HK$ 6,500 |
2 – 3 years | HK$ 6,000 | HK$ 6,500 | HK$ 7,000 |
3 – 4 years | HK$ 6,500 | HK$ 7,000 | HK$ 7,500 |
4 – 5 years | HK$ 7,000 | HK$ 7,500 | HK$ 8,000 |
5 – 6 years | HK$ 7,500 | HK$ 8,000 | HK$ 8,500 |
Duration of Appointment | Number of related documents concerned in transaction* | ||
---|---|---|---|
1 – 3 | 4 – 6 | 7-10 | |
Up to 1 year | S$ 700 | S$ 900 | S$ 1,100 |
1 – 2 years | S$ 900 | S$ 1,100 | S$ 1,300 |
2 – 3 years | S$ 1,100 | S$ 1,300 | S$ 1,500 |
3 – 4 years | S$ 1,300 | S$ 1,500 | S$ 1,700 |
4 – 5 years | S$ 1,500 | S$ 1,700 | S$ 1,900 |
5 – 6 years | S$ 1,700 | S$ 1,900 | S$ 2,100 |