Tap Your Way to Creating
Your HK Company Anywhere

HK company formation in just 15 minutes

Guaranteed multi-currency banking account

After-sales care from our incorporation specialists

Why Hong Kong ? PRICE MUST KNOW STEPS BANK TEST FAQ WHY ASIABC BLOGS

Business Booster ~~US$1,650~~ US$ 1,050 / HK$ 8,250 Company Setup + Free Digital Banking Account
What do I get? Remote HK incorporation handling Company name search of all-new entity Articles of Association (with bound certified copies) Share certificates & statutory books Submission of signed docs to the Companies Registry Settlement of CI & BR’s govt fees 1-year license of Certificate of Incorporation & Business Registration Certificate Designated company secretary Company secretary nomination that will handle company maintenance & take the role for 1 year after incorporation Significant Controllers Register (SCR) 1 set of Significant Controllers complying with the Companies Ordinance Registered office address with electronic company stamp Prestigious HK business correspondence address Govt & bank letters will be forwarded to your given address Provision of electronic company stamp Remote multi-currency account opening Open a business transaction account instantly with Statrys / Currenxie / Payoneer / Neat / Airwallex / WorldFirst. These accounts allow global money transfers.

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Let’s Get You Started

Here’s what you need to know about HK incorporation and how we cover essential compliance for you.

Process Time

The incorporation process of an all-new company takes 1 business day.
For a ready-made company, it takes 1 week to process the ownership transfer.

Basic Requirements

Incorporation application form.
Proposed company name.
At least 1 director, 1 shareholder and 1 company secretary (AsiaBC will provide you with a company secretary in our package).
Passport of all directors and shareholders with 25% or more shares.
Selfie with a clearly visible passport and your face.
Recent address proof issued within the last 3 months.
Registered office address in Hong Kong (AsiaBC will provide you with a prestigious office address in our package).

Registered Address

Hong Kong Companies Ordinance mandates every company to have a local registered address at the point of incorporation. While you can use your home address as long as the tenancy agreement allows it as an office address and it must be able to receive all communication and notices, note that this might invade your privacy as the address will be submitted to the public information.
A more common way is to use a business address as your registered office address. At AsiaBC, you can uplift your corporate image with our prestigious address located at the vibrant metropolis of HK, 8th Floor, China Hong Kong Tower,‌ ‌8-12 Hennessy‌ ‌Road,‌ ‌Wan‌ ‌Chai,‌ ‌Hong‌ ‌Kong‌
Our provided office address receives your business’s Government and bank letters, and forwards them to your given address.

Low Tax System

Hong Kong follows the two-tiered tax system in which entrepreneurs will settle 8.25% on assessable profits up to HK$2 million or 16.5% on earnings over HK$2 million. The profits tax rate of 8.25% is amongst the lowest in the world.
An employee’s salaries tax is at 15% and will be based on their net chargeable income’s progressive rate.
Renting a property in Hong Kong has a standard tax rate of 15% on the property’s net assessable value.
Entrepreneurs can also elect Personal Assessment to lighten an individual’s tax liabilities and relieve their income chargeable by profits, salaries, and property taxes. Some of the items that can be deducted are :
- Mandatory employee contributions to Mandatory Provident Fund scheme
- Contributions to recognized occupational retirement schemes
- Business losses incurred in the year of assessment
- Losses brought forward from previous years under personal assessment
- Personal allowances

Useful Offerings

We will assign a company secretary to assist you in preparing and submitting the company’s annual return. He / she will also ensure that your Hong Kong company complies with the statutory filings, laws, and regulations.
You can make your first business transaction while waiting for your formal bank account. The Business Booster Package includes a digital banking (FinTech) account, and our specialist will assist you in opening the account with our partnered FinTech providers such as Statrys, Neat, Currenxie, Airwallex, Payoneer, and WorldFirst for instant global money transfer.

Registration Made Simple

Don’t stress out. The 4 easy steps to register a company in Hong Kong.

Let’s check if your preferred company name is available. We’ll also help arrange your director(s) and shareholder(s)’ ownership details in the process. 1 FREE company name check		We’ll prepare a full set of incorporation & KYC documents for your original signature. Please feel free to send an electronic copy of your signed documents back to us if you are overseas. 2 Sign incorporation documents		We’ll submit your application with all completely filled-out paperworks to the HK Companies Registry for finishing the incorporation. You will receive a valid Business Registration Certificate. 3 Submit to the Companies Registry		You’re almost set! Open a multi-currency account with our trusted FinTech partners for free to kickstart your business transactions. Popular choices include Airwallex, Currenxie, Neat, Statrys, etc. 4 Open a banking account

Discover the Right Digital Banking for Your Business

Take the test. Save your time. Skip the hassle.

Banking Account Success
Likelihood Test

Ready to take your newly incorporated company to the next level with a centralized multi-currency account?

Skip the endless applications with no guaranteed results. Take our 3-minute test and find the perfect banking platform for your business.

BANKING ACCOUNT SUCCESS 3-MIN TEST

TRADITIONAL BANK ACCOUNT OPTIONS

Why Hong Kong?

Transform the future. Start building your business at the heart of Asia.

Business Hotspot

HK’s impressive location allows business to access different countries easily, especially to Mainland China.

Quick Incorporation

Remote business registration in HK only takes about 1 to 5 business days, making it a striking convenience for entrepreneurs.

Simple Tax Regime

HK’s economic tax collection system is highly favourable for business at 8.25% or 16.5% depending on assessable profits.

Competent Workforce

HK’s pool of skilled and knowledgeable labor force are versatile, well-informed, and with high education qualifications.

Superb Infrastructure

Shipping, logistics, and freight forwarding are efficient, while telecommunications are competitive and highly advanced.

Legal Safeguards

HK offers a safe environment and a sound legal framework that provides excellent protection for int’l businesses.

You Can Ask Us Anything

Take a look at our most common FAQs and see if we answered your queries.

Do I need to be in Hong Kong to set up my business?

No. We will do an identity verification once all requirements and documents are sent through electronic means, so you can start your new company without flying to Hong Kong.

Should the company director be a resident in Hong Kong?

No. A foreigner can set up a business in Hong Kong. They can be the sole director and shareholder of the company. However, a resident company secretary is needed, and AsiaBC can provide one for you. .

What is a ready-made company?

It is also known as a ‘shelf company’ or ‘shell company.’ These companies are registered for reselling to a new business owner and don’t have any prior business activities, making it clear from debts.

While shelf companies are still required to comply with the same set of requirements similar to all-new companies, corporate directors and shareholders are allowed and have no restrictions on their nationality.

What’s the difference between ready-made and all-new companies?

	Ready-Made Company	All-New Company
Registration Date	Since it is ready-made, older registration dates can give a more established sense to entrepreneurs.	Opposite to ready-made companies, all-new companies might take time and effort to build their credibility for their customers and suppliers.
Process Time	It takes around 1 week to process the ownership transfer.	It only takes 1 business day to set up. Company director(s) and shareholder(s) are required to appear.
Fees	Its fee is higher than an all-new company generally. However, some shelf companies have a very expensive price due to their early establishment and also the cost of Government fees that were put in before.	For all-new companies, incorporation package costs are the only fee the clients need to settle, plus additional services they would want to avail.
Annual Renewal	The renewal date for ready-made companies is earlier than the date of purchase, which means that the due date is less than 1 year after the purchase.	The renewal date of newly incorporated companies is on the anniversary date of incorporation.

Can I open a bank account remotely?

Traditional banks still prefer face-to-face appointments to comply with their Know-Your-Client (KYC) process, making bank account applications lengthy and tedious ultimately. However, there are corporate service providers that can still assist you in opening remote business accounts without a direct presence.

What is a digital banking (FinTech) account and why should I open one?

FinTech is coined from Financial Technology which is an alternative multi-currency banking platform for entrepreneurs slowly getting their formal bank account. FinTechs allow them to open a quick account remotely and do global business transactions such as paying suppliers or receiving payments from global bank accounts anytime.

Note :

Same as a traditional bank account opening, there are also restrictions for companies and nationalities who can open an account due to the respective sanction lists of different FinTech companies.
These providers usually charge handling fees per payment, both incoming and outgoing. They also have a subscription fee to maintain your business account.

What is the role of a company secretary?

A company secretary is the business’s representative and must ensure that the company complies with Hong Kong companies ordinance. It is a mandatory requirement to hire such a role when establishing a company in HK as he / she will be responsible with the following :

Prepare and submit Annual Returns.
Act as the designated representative for the Significant Controllers Register (SCR).
Maintain communication with the Government and regulatory bodies like Companies Registry, IRD, SFC, and HKEX.
Keeping statutory records.
Ensure compliance with Hong Kong laws and regulatory requirements.

Why Choose AsiaBC?

We go beyond the extra mile to give you a seamless incorporation process.

Savvy Service Provider

With 12 years of experience in company setup services, our team has served 3,000+ clients and successfully built strong connections with overseas partners.

Direct Pricing System

No hidden charges, just pure services. Providing high-quality solutions without breaking your budget, we are fair and transparent with our costs and benefits.

Stress-Free Application

Our hands-on incorporation specialists always make necessary follow-ups and never miss a chance to keep you posted with your application progress.

Trusted Advisors

Knowledgeable in their field and incorporation process, our team goes beyond the extra mile to give you tailor-made advice and end-to-end assistance.

24-Hour Support

We are just one DM away. Your time is of the essence and our reliable experts are always on stand-by to answer your Whatsapp message anytime .

One-Stop Platform

Never stress out looking for an effective solution after your entity is formed. We have everything you need from A to Z so you can focus on your business.

Other Services We Excel At

Here are other ways we can help to grow your business while you can relax.

Xero Cloud Accounting & Tax
for Easy Bookkeeping

Control your business finances smoothly with every entrepreneur’s perfect partner – Xero. A cloud-based accounting platform embedded with AsiaBC’s audit and tax arrangement lets you efficiently manage your bills, invoices, and payroll anywhere, anytime.

You will also get a designated person to monitor and file Hong Kong Government taxes using Xero accounting documents.

LEARN MORE

Founder, Santex Aerospace Outstanding services. Prompt response and professionally managed. With them on our side it was as easy as A-B-C and here we are, successfully incorporated. Thank you AsiaBC. Shahzad Ahmad Founder, King Traders I would say AsiaBC is very professional with fast solutions provided. We’ve had a wonderful experience working with them. Knowing that my case was quite complex, they still made it happen and set up my company in just one day. They made it hassle-free and answered my questions promptly. Special thanks to Limbi’s fantastic job and amazing service. I will recommend AsiaBC for their sophistication and the support they give you through the whole process. These guys are the absolute runners, and you will be in safe hands! Florina Gjinovci

Equip Your Business with Our Blogs

Learning never stops. Boost your practice with our hot blog topics.

Why Is Xero’s Online Accounting Great for Startups in HK?

2020-11-27

Xero is all about making it easy to stay on top of your business’s finances.

DISCOVER MORE

How Can We Help?

Our friendly incorporation specialists are ready to help lighten your load.

Tap Your Way to Creating
Your HK Company Anywhere

US$1,650

1,050

8,250

Let’s Get You Started

Registration Made Simple

Discover the Right Digital Banking for Your Business

Banking Account Success
Likelihood Test

Why Hong Kong?

Business Hotspot

Quick Incorporation

Simple Tax Regime

Competent Workforce

Superb Infrastructure

Legal Safeguards

You Can Ask Us Anything

Why Choose AsiaBC?

Savvy Service Provider

Direct Pricing System

Stress-Free Application

Trusted Advisors

24-Hour Support

One-Stop Platform

Other Services We Excel At

Xero Cloud Accounting & Tax
for Easy Bookkeeping

Equip Your Business with Our Blogs

Why Is Xero’s Online Accounting Great for Startups in HK?

How Can We Help?

Hong Kong Incorporation

Singapore Incorporation

Offshore Incorporation

Singapore Bank Account Opening

Hong Kong Bank Account Opening

Hong Kong Taxation & Accounting

Singapore Immigration

We accept payment by

Tap Your Way to Creating Your HK Company Anywhere

US$1,650

1,050

8,250

Let’s Get You Started

Registration Made Simple

Discover the Right Digital Banking for Your Business

Banking Account Success Likelihood Test

Why Hong Kong?

Business Hotspot

Quick Incorporation

Simple Tax Regime

Competent Workforce

Superb Infrastructure

Legal Safeguards

You Can Ask Us Anything

Why Choose AsiaBC?

Savvy Service Provider

Direct Pricing System

Stress-Free Application

Trusted Advisors

24-Hour Support

One-Stop Platform

Other Services We Excel At

Xero Cloud Accounting & Tax for Easy Bookkeeping

Equip Your Business with Our Blogs

How Can We Help?

Hong Kong Incorporation

Singapore Incorporation

Offshore Incorporation

Singapore Bank Account Opening

Hong Kong Bank Account Opening

Hong Kong Taxation & Accounting

Singapore Immigration

We accept payment by

Tap Your Way to Creating
Your HK Company Anywhere

Banking Account Success
Likelihood Test

Xero Cloud Accounting & Tax
for Easy Bookkeeping