Start Business in Asia with Hong Kong company registration


Getting Started with Hong Kong Company Registration

Hong Kong is a prime location to register and operate your business. Its robust legal system, low tax rates, and business-friendly environment make it an ideal hub for doing business in Asia.


Corporate tax rate of 8.25% on the first HKD 2 million of profits, and 16.5% on everything thereafter. One of the lowest corporate tax rates in Asia and in the world


No capital gains tax / No VAT


Zero printed paperwork and same-day 100% remote registration with Corporation China

Think China Business is Complex? We Might Change Your Mind.

WFOE Company registration services in China

Kickstart your business journey in China and join our outstanding community of more than 1,500 clients

thinfilm 1
sony 1
disney2 1
nike 1
tmall 4
bank of beijing 1
sony 1
disney2 1
tmall 4
thinfilm 1
bank of beijing 1
nike 1

Hong Kong Business Opportunities and Pros and Cons of a Hong Kong Company

Hong Kong has long been a major hub for international business and finance in Asia. Its strategic location, robust legal system, low taxes, and business-friendly policies make Hong Kong an attractive base for multinational corporations looking to expand into China and the broader Asia-Pacific region. Here we explore some of the key opportunities as well as potential challenges of setting up a company in Hong Kong.

Business Opportunities in Hong Kong:


Gateway to China and Asia: Hong Kong provides convenient access to Mainland China and acts as a springboard into the broader Asian market, with free trade agreements in place with China, ASEAN, Australia, and New Zealand.


Established financial center: As a global financial hub, Hong Kong offers a developed capital market, free flow of information and capital, and a convertible currency pegged to the US dollar. This makes financing and investment easy.


Favorable tax regime: Hong Kong has low taxes, with profits tax capped at 16.5% and no VAT, sales tax, or tax on dividends. There are also generous deductions and exemptions.


Ease of Doing Business: Hong Kong ranks highly on indexes of economic freedom and ease of doing business. Simple rules for company incorporation, visas, and employment make setup fast.


Legal system: Hong Kong has an independent judiciary and strong rule of law inherited from its time as a British colony. This provides confidence in contracts.


Free port status: Hong Kong is a free port, with no customs duties levied on imports or exports. This facilitates trade.


Social stability: Hong Kong offers political stability, safety, and low corruption levels compared to elsewhere in the region. This ensures operational certainty.

Challenges of a Hong Kong Company

High cost of living: Salaries, office rental, amenities, and other business costs are relatively high in Hong Kong compared to Mainland China.

Limited local market: With only 7 million people, Hong Kong has a restricted domestic consumer market. The focus is exporting abroad.

Tightening legal controls: Hong Kong’s legal autonomy from China is diminishing. The mainland’s growing influence raises uncertainties.

Bureaucracy: Despite business-friendly policies, Hong Kong still has red tape. Permits, visas, paperwork and compliance obligations take time.

Overall, Hong Kong provides an optimal launchpad for overseas companies to access the wider China market and Asia region. Its strengths as an international gateway city outweigh shortcomings for most firms. With the right strategy, knowledge and local partners, the opportunities are substantial.

Benefits of Using Corporation China for Hong Kong Company Registration

Setting up a business in Hong Kong as a foreign investor can be complex without local expertise. Corporation China provides valuable assistance during the company registration process and beyond.


Same-day registration

  • Get your Hong Kong company incorporated in just 1 day
  • We prepare all documents and handle the entire application process

Total Convenience

  • Use Corporation China as your registered agent so you don’t need to be in Hong Kong
  • English and Chinese bilingual services for everything related to your company
  • One-stop shop for all Hong Kong business services

Ongoing Legal Compliance

  • We assist with all post-registration compliance obligations
  • Stay updated on changing company regulations
who can

Requirements and Facts for Hong Kong Company Registration

Hong Kong makes starting a business relatively straightforward for foreign investors. Here are some key requirements and helpful facts regarding registering a Hong Kong company:

Requirements :

  • Company director: At least one director must be appointed, who can be a natural person or corporation. Directors can be foreign residents.
  • Company secretary: A Hong Kong resident or registered corporate services provider must be appointed as company secretary.
  • Registered office: The company must maintain a registered address in Hong Kong.
  • Shareholder: Minimum of one shareholder is required, who can be foreign or Hong Kong resident.
  • Share capital: While no minimum capital is legally required, at least one share must be issued.

Timeline and Facts

  • Registration: Takes just 1-2 days once all documents are ready.
  • Maintenance: Must file an Annual Return and pay a registration fee to the Companies Registry annually.
  • Taxes: Only profits generated in Hong Kong are taxed. Several exemptions exist.
  • Work visas: Relatively easy for staff of HK registered companies to obtain employment visas.
  • Bank account: Can take 2-4 weeks to open a corporate bank account as a foreigner in Hong Kong.

Overall, Hong Kong registration is fast and convenient for overseas investors. With professional help from a provider like Corporation China, meeting the requirements is straightforward.

steps to register a wfoe company in China

Step-by-Step Guide to Remote Hong Kong Company Registration

1. Choose a Company Name

Pick one or more names for your Hong Kong company. We’ll check availability and feasibility with Hong Kong’s Companies Registry.

    2. Prepare Incorporation Documents

    We’ll prepare all the documents like the M&A and elect director(s) and shareholder(s) based on your provided details.

    3. Sign Documents Remotely

    Once finalized, the documents can be signed electronically without needing to be physically in Hong Kong.

      4. Make Payment

      Pay government registration fees and service provider fees online with credit card, bank transfer or other options.

        5. Submit the Application

        We’ll submit the signed application and documents to the Companies Registry on your behalf.

          6. Obtain Registration Certificate

          Within 1-2 days, the Registry will issue a certificate of incorporation for your new Hong Kong company.

              The entire registration process takes just few days from start to finish. At Corporation China, our experts handle it all smoothly while you focus on your business. We enable easy remote registration without travel to Hong Kong required.

              Required Documents for Remote Hong Kong Company Registration

              To register a Hong Kong company without needing to be physically present, the following documents must be prepared and submitted:


              Required Documentation for WFOE Company Formation In China

              1. Company Memorandum & Articles of Association (M&A)

              The M&A outlines the company’s purpose, share structure, director powers and internal organization. This key document must comply with Hong Kong company regulations.

              2. INC-1 Incorporation Form

              This standard form provides details on the company’s name, proposed business activities, director(s) and shareholder(s).

              3. Declaration of Identity and Consent

              Signed declarations from each director and shareholder, which can be done electronically.

              4. Proof of Appointment of Company Secretary

              The Corporate Services Provider that will act as Company Secretary must issue proof of consent.

              5. Proof of Registered Office Address

              Evidence that the company has a registered physical office address in Hong Kong.

              6. Copies of Director and Shareholder ID/Passports

              Certified copies of identification documents for directors and shareholders.

              With Corporation China’s expertise, the entire process of preparing correct documents, getting them signed digitally, and submitting the application is smooth and fast. Contact us to remotely register your Hong Kong company easily.

              Ready to Register Your Hong Kong Company ?

              Corporation China makes it fast, easy, and convenient to register your Hong Kong company remotely on a same day.

              Start your business journey in China and join our community of 1,500+ clients partnering with Corporation China.

              thinfilm 1
              sony 1
              disney2 1
              nike 1
              tmall 4
              bank of beijing 1
              sony 1
              disney2 1
              tmall 4
              thinfilm 1
              bank of beijing 1
              nike 1

              Hon Kong company Registration FAQ

              Expanding into a new market naturally involves questions. See some common FAQs about our HK incorporation services below:

              How fast can I get my company registered?

              With our streamlined incorporation process, we can complete registration in as little as 1-2 days.

              What ongoing legal obligations will I have?

              You must submit an Annual Return and pay fees yearly to keep your company legally compliant.

              Can I open a bank account without visiting Hong Kong?

              Yes, we can handle opening a Hong Kong business bank account remotely for you.

              Will my company information be publicly available?

              The company name and directors are listed on Hong Kong's public Companies Registry.

              Can I use my HK company to enter Mainland China?

              Yes, a Hong Kong company is a great way to expand into and operate in Mainland China.

              Is travel to Hong Kong required?

              No, our full-service incorporation process can be done 100% remotely. No need to visit Hong Kong.

              Are work visas needed for company registration?

              No HK visas needed. The entire registration process is done remotely without visiting Hong Kong.

              What are the tax benefits?

              Hong Kong registered companies enjoy generous offshore tax exemptions and low tax rates.

              What help do you provide after registration?

              We assist with business licensing, tax registration, bank account opening, and meeting all compliance needs.

              Not Ready to Start a Company?

              China Presence

              Be  in China without a physical office -  we represent you. 

              • Start in just 25 days
              • Dedicated China team to represent your company
              • Manage operations remotely
              • Maintain control of your brand image and IP
              • Minimize investment and risk

              Latest news, Business Guides & industry insights

              Corporation China Soccer team 00

              Corporation China sponsors the Shanghai Cosmos Football Club

              by | Sep 19, 2023 | News,articles | 0 Comments

               Shanghai Cosmos FC: Rising Stars of Chinese FootballShanghai Cosmos FC: Rising Stars of Chinese Football In the fast-evolving world of Chinese football, one team has...

              Setting up an import-export trading company in China

              China import-export trading company

              by | Sep 18, 2023 | articles,China business guides,E-commerse | 0 Comments

              6 Easy Steps to Set Up an China import-export trading company and Reclaim VAT Tax China has emerged as a global trading powerhouse, making it an...

              5 in 1 Business License China WFOE - People on stage

              5 in 1 Business License China WFOE

              by | Sep 18, 2023 | articles,China business guides | 0 Comments

              Applying for a “5 in 1” Business License for Your China WFOE A significant change was introduced in 2016 – the "5 in 1" WFOE (Wholly-owned enterprise) business license...

              How to Get a China Expert Certificate - Girl with How to Get a China Expert Certificate

              How to Get a China Expert Certificate

              by | Sep 11, 2023 | articles,China business guides | 0 Comments

              How to Get a China Expert Certificate and Work Permit: Qualifications and Process China has become an economic powerhouse and a hub for international business and...

              China's Alien Employment Permit - Nordic Aliens

              China’s Alien Employment Permit – Would China be considering changing the name?

              by | Sep 10, 2023 | articles,News | 0 Comments

               "China's Alien Employment Permit": Would China consider changing the name? Would China be considering changing the name of the "Alien Employment...

              Export of Second-Hand Cars in China - cars

              Export of Second-Hand Cars in China

              by | Sep 9, 2023 | articles,China business guides | 0 Comments

                Export of Second-Hand Cars in China: Rules, Exportation, and Selling Strategies China is known for its massive automotive market in terms...

              How to Get a Work Visa for China - guy and girl holding passports

              How to Get a Work Visa for China

              by | Sep 9, 2023 | articles,China business guides | 0 Comments

              How to Get a Work Visa for China: A Smart Guide for 2023 Getting a work visa in China can be quite an adventure, akin to navigating a maze filled...

              Corporation China over the years - Girl with Screen

              The incredible journey of Corporation China over the years

              by | Sep 5, 2023 | articles,Exclusive Executive Society,News | 0 Comments

              Watch on Tube The incredible journey of Corporation China over the years. It's been a challenging ride with the COVID-19 pandemic, Shanghai...

              NVOCC qualification application process China - Ship NVOCC

              NVOCC Qualification in China Application Processes

              by | Sep 5, 2023 | articles,China business guides | 0 Comments

              NVOCC Qualification in China Application Processes Streamlined NVOCC Qualification Application Process in China  Guide 2023 Introduction:...