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UnionSPACE

Private advisory service — not a Hong Kong government website. UnionSPACE is a private business consultancy and commercial services provider. We are not part of, affiliated with, or endorsed by the Hong Kong Companies Registry, Inland Revenue Department or any other Hong Kong government authority. Certificates, business registrations, tax matters and other official outcomes are issued or controlled by the relevant authorities.

Hong Kong Market Entry · Private Business Advisory

Planning a Hong Kong Limited Company? Set Up the Compliance Structure Before You File.

Hong Kong can support a 100% foreign-owned company structure, but incorporation is only the first step. Before proceeding, plan the shareholder and director profile, company secretary, registered office, Significant Controllers Register support, banking route, accounting, audit and annual compliance.

Start with a Hong Kong Company Fit Review: tell us what the company will do, who will own it, where customers and suppliers are located, and how you expect to bank. We will identify the setup and first-year compliance questions that should be resolved before you commit.

100% foreign ownership supported Secretary & registered-office planning Banking, audit & compliance roadmap
Download Hong Kong Company Setup Brochure (PDF)

Advisory page reviewed: 14 September 2026

PRIVATE CONSULTATION

Request a Hong Kong Company Fit Review

Share the essentials. The form opens WhatsApp with your answers so our team can continue the discussion there.

Submitting this form does not submit an application to the Companies Registry, Inland Revenue Department or any financial institution and does not guarantee incorporation, tax treatment or bank-account approval.

Private Advisor

Commercial advisory and coordination. We do not issue Hong Kong government documents.

Statutory Setup First

Secretary, registered office, officers and corporate records should be planned before filing.

Bank Approval Is Separate

Financial institutions conduct their own KYC and make independent onboarding decisions.

WHY REVIEW FIRST

A Hong Kong Company Is More Than a Certificate of Incorporation

The structure can be simple, but the operating setup still needs a company secretary, registered office, corporate records, banking plan and recurring audit/tax compliance.

1. Ownership & Directors

The source page states that Hong Kong permits 100% foreign ownership. Confirm shareholders, beneficial owners and the natural-person director before KYC and filing.

2. Company Secretary & SCR

Plan the mandatory company-secretary role and the support needed to maintain the Significant Controllers Register and related corporate records.

3. Registered Office

A physical registered office in Hong Kong is required. The source page highlights a registered-address service as part of its implementation support.

4. Banking & Substance

Decide whether the priority is a digital institution, traditional bank or both, then prepare the business profile and supporting evidence for the bank's own review.

WHY HONG KONG

Commercial Features Highlighted in the Existing Service Page

The source page positions Hong Kong as an Asia-Pacific gateway with full foreign ownership, no VAT/GST and a two-tiered profits tax regime.

Regional Gateway

Positioned as a gateway to Mainland China and wider Asia-Pacific markets.

Two-Tiered Profits Tax

IRD states 8.25% on the first HKD 2 million of assessable profits and 16.5% above that amount for qualifying corporations under the two-tiered regime.

No VAT / GST

The source page highlights that Hong Kong does not levy VAT or GST.

Cross-Border Use

The source page highlights capital and profit remittance flexibility. Tax treatment still depends on the actual facts and applicable rules.

CLEAR RESPONSIBILITIES

What Hong Kong Authorities Do — and What UnionSPACE Does

UnionSPACE provides private professional support. Government authorities and financial institutions remain responsible for official systems, registrations and independent decisions.

Hong Kong Authorities / Financial Institutions
UnionSPACE Private Advisory
  • The Companies Registry administers company incorporation and statutory company filings.
  • The Inland Revenue Department administers business registration and tax matters.
  • Authorities determine whether filings satisfy their requirements.
  • Banks and payment institutions conduct KYC and decide account applications independently.
  • Review the proposed company profile, ownership, officers and business model.
  • Coordinate incorporation documents and company-secretarial support within scope.
  • Provide registered-office, bookkeeping, audit/tax coordination and compliance support where included.
  • Prepare banking documents and introductions without representing bank approval as guaranteed.

Prefer to use official government channels directly?

Hong Kong government information and electronic services can be accessed directly. Official fees and government services are separate from UnionSPACE's private professional-service fees.

Official resources: Hong Kong Companies Registry and Inland Revenue Department.

HOW WE WORK

Start With Fit. Then Move Through Setup and Activation.

The source page describes a largely remote incorporation process. The advisory approach below separates incorporation from banking and first-year compliance.

Company Fit Review

Confirm the business activity, shareholders, director, beneficial owners, preferred company name, registered-office needs and banking plan.

Incorporation & Statutory Setup

Coordinate KYC, incorporation documents, Articles of Association, company secretary, Business Registration Certificate and statutory records within the agreed implementation scope.

Banking & Compliance Activation

Prepare bank onboarding, bookkeeping, annual audit, Profits Tax Return and annual company-filing workflows. Each institution and authority controls its own decisions.

INVESTOR FIT

When a Hong Kong Limited Company May Be Worth Considering

Often Relevant When You Plan To

  • Use a Hong Kong entity for regional trading, services or holding activities.
  • Maintain a 100% foreign-owned corporate structure.
  • Build banking and payment relationships in or through Hong Kong.
  • Maintain proper annual accounting, audit and statutory compliance.

Review the Structure Carefully When

  • You expect tax outcomes based only on incorporation location rather than actual facts.
  • Traditional-bank onboarding is critical and the owners cannot attend if the bank requires it.
  • The business operates in a regulated industry requiring separate licences.
  • You are not prepared for annual bookkeeping, audit and filing costs.

PRIVATE CASE REVIEW & PLANNING

Start With a Written Hong Kong Setup Recommendation Before You Commit to Implementation

Before committing to incorporation, company-secretarial services, a registered office, tax compliance or banking, we first review the owners and business model and map the most suitable Hong Kong setup path.

STATUTORY FRAMEWORK

Core Hong Kong Company Requirements Highlighted in the Source Page

Shareholders

Minimum 1. The source page states shareholders may be individuals or corporate entities with no nationality restriction.

Director

Minimum 1. The source page states at least one director must be a natural person over 18; Companies Registry guidance confirms a private company needs at least one natural-person director.

Company Secretary

Mandatory. Companies Registry guidance states an individual secretary must ordinarily reside in Hong Kong, or a corporate secretary must have its registered or principal office in Hong Kong.

Registered Office

Must be situated in Hong Kong. The source page specifies a physical address and excludes PO boxes.

Share Capital

Companies Registry guidance states there is no minimum paid-up capital requirement. The source page notes HKD 10,000 as a commonly adopted amount.

Significant Controllers Register

The source page identifies a designated representative role to support maintenance of the Significant Controllers Register.

ONGOING COMPLIANCE

Budget Beyond Incorporation

The source page makes annual audit, annual return and bookkeeping part of the expected maintenance picture.

Annual Audit

The source page states that accounts are audited annually by a Hong Kong CPA.

Annual Return

The source page states an annual return must be filed with the Companies Registry each year.

Bookkeeping

The source page lists bookkeeping from THB 7,000/month for fewer than 20 transactions.

Profits Tax Filing

Tax filing and the applicable profits-tax position should be reviewed against the company's actual facts and IRD requirements.

Dormant — Audit & Tax Filing Estimate

Source-page estimate:

~THB 59,500

Estimate only. Confirm current scope, audit status, government charges and tax-filing requirements before engagement.

Revenue Below HKD 5M — Audit & Tax Filing Estimate

Source-page estimate:

~THB 100,000

Estimate only. Actual audit effort and tax work depend on records, transactions, business activity and auditor/tax requirements.

PRIVATE PROFESSIONAL SUPPORT

One Advisory Team Across the Hong Kong Setup Workstreams

Once the structure is considered suitable, the engagement can be scoped around the private support your project actually needs.

Incorporation & Corporate Records

Company profile review, KYC coordination, incorporation documents, Articles of Association and post-incorporation corporate records.

Secretary & Registered Office

Company-secretary coordination, registered-address support, statutory records and recurring company-maintenance support within scope.

Banking Readiness

Business-profile preparation, supporting documents and introductions to digital or traditional banking options. Approval remains with the institution.

Accounting, Audit & Tax

Bookkeeping onboarding, audit coordination, Profits Tax Return support and recurring compliance planning within the agreed service scope.

FAQ

Hong Kong Company Setup Advisory FAQs

Practical questions foreign founders often ask before proceeding with a Hong Kong limited company.

No. UnionSPACE is a private business advisory and commercial services provider. We are not the Hong Kong Companies Registry, Inland Revenue Department or any other Hong Kong government authority.

Yes. The attached service page states that a Hong Kong limited company can be 100% foreign-owned and that there are no nationality restrictions for shareholders or directors.

The source page identifies at least one shareholder, at least one natural-person director, a Hong Kong company secretary, a Hong Kong registered office and the corporate records required for the company. Companies Registry guidance confirms that a private company must have a company secretary, at least one natural-person director and a registered office situated in Hong Kong.

The source page states that incorporation can typically be handled remotely, subject to KYC, document and electronic-signing requirements. Bank onboarding is separate and may have its own attendance requirements.

The attached page contains different timing references: filing “typically” in less than 3 business days, a 5-business-day headline and approximately 7 working days in the FAQ. This advisory page therefore does not guarantee a fixed authority timeline. Confirm the current estimate for the actual filing method, KYC status and document readiness.

Companies Registry guidance states that there is no minimum amount of paid-up capital under the Companies Ordinance. The source page notes HKD 10,000 as a commonly adopted amount, but the capital should be chosen for the actual business rather than treated as a universal rule.

The source page states that traditional banks commonly require the business owner or director to attend for final account opening, while some institutions may support video or remote verification depending on the profile. The bank controls its own attendance and approval requirements.

Hong Kong's Inland Revenue Department states that, under the two-tiered regime, qualifying corporations are taxed at 8.25% on the first HKD 2 million of assessable profits and 16.5% on assessable profits above that amount, subject to the regime's conditions.

The source page lists annual return filing, Business Registration renewal, audited financial statements and Profits Tax Return filing as typical recurring requirements, along with ongoing bookkeeping.

No. Banks and payment institutions conduct their own KYC, beneficial-ownership, business-activity and source-of-funds review. UnionSPACE can assist with readiness, introductions and documents, but the financial institution controls approval.

Official Hong Kong Information Sources

For direct government information and official filing channels, consult the Hong Kong Companies Registry. For official profits-tax information, consult the Inland Revenue Department.

Information on this page is general and is intended to explain UnionSPACE's private advisory service. It does not constitute legal, tax, audit, banking or investment advice. Requirements, fees and authority practices can change. Obtain case-specific advice before acting.

NEXT STEP

Describe the Business. We’ll Help You Frame the Right Hong Kong Setup Questions.

Start with the actual activity, owners, banking expectations and first-year compliance needs—not with incorporation alone.

WhatsAppFit Review

Contact Our Multilingual Team in Thailand

Our team speaks English, Chinese (Mandarin), Russian, Kazakh, Burmese, Thai, and Indonesian — Monday to Friday, 9AM–6PM Bangkok time.

Get in Touch

Leave us a message and a UnionSPACE representative will contact you within 12 hours.

Location

Suite 201 - Level 2, 29 Sukhumvit Soi 39, Phrom Phong, Bangkok 10110, Thailand

Open Hours

Local Team. Regional Reach. One Accountable Partner

Free Initial Consultation Available

Tell us what the business will do, who will own it and how you plan to operate in Thailand. Our Bangkok advisory team will identify the lawful structures available and explain the practical cost and consequences of each.

  • A written structural recommendation
  • Consultation fee confirmed before booking
  • Advice available in seven languages
Arrange a consultation Email the advisory team

Prefer to speak directly? Call (+66) 02 1188 988
Monday–Friday, 9:00–18:00 Bangkok time.