Review the trading or service model
Share the activity, owner residence, supplier and customer countries and management location. Include any banking or payment-provider requirement already identified.
Company formation in Hong Kong
Coordinate incorporation with the transaction evidence, local company administration and accounting your business needs.
Discuss my Hong Kong company
We can discuss the supplier and customer relationships, supporting documents and local company services your setup would need.
Explain how the company trades and receives money
We form a Hong Kong LTD for EUR 3,555, with an annual fee of EUR 1,350. The annual return costs HKD 105 when filed within 42 days after the incorporation anniversary; a late return costs HKD 870 to HKD 3,480. Profits tax is 8.25% on the first HKD 2 million of assessable profits and 16.5% above that.
We help form Hong Kong companies for international trade and services. The setup needs to reflect the company’s contracts, ownership and payment flows, with records ready for banking and reporting.
Last checked: 6 November 2026, Aleksandar
Fit, documents and risks
Our price list
- Hong Kong LTD
- Formation: EUR 3,555
Annual cost: EUR 1,350
Prices are stated in the currency of our price list. The formation price includes the first year of maintenance, so the annual fee applies from the second year.
Who it suits
- Trading businesses able to explain their supplier, customer and logistics arrangements.
- Service companies with identifiable contracts and a documented delivery model.
- Owners prepared to keep accounting records and pay for the accounting and audit work the local accountant confirms.
Documents to prepare
- Passport and proof of address for each director and shareholder.
- A description of goods or services, counterparties, currencies and payment routes.
- For trading: where goods are bought and delivered, with sample contracts or invoices.
- For a corporate shareholder: constitutional and registry documents and an ownership chart.
Common misconceptions
- Income earned outside Hong Kong is automatically untaxed. The source of income is assessed on the facts. Contracts and evidence of where the work happens support that review.
- The annual return is the company’s accounts. The annual return is a registry filing. Accounts, audit and the profits tax return are separate.
- A Hong Kong company guarantees a Hong Kong bank account. Each bank decides on its own criteria, and attendance requirements differ.
Risks to plan for
- A late annual return raises the fee from HKD 105 to as much as HKD 3,480.
- Weak transaction records make the offshore income question hard to support.
- Bank refusal where the business explanation does not match the evidence.
Incorporation and transaction records
Accounting and annual company costs
Formation is EUR 3,555 and the annual fee is EUR 1,350, in euros as listed in our price list. The annual fee is the minimum of the mandatory yearly costs, without bookkeeping and audit. Accounting and audit depend on the volume and complexity of transactions and are agreed separately, as are banking support, certified copies and ownership changes. The annual return fee is HKD 105 when filed on time.
Discuss my Hong Kong companyOff-Shore.net, a service of Euro Commerce LLC, coordinates company formation, banking preparation and annual administration from contact offices in the United States and Serbia.Meet the people coordinating your case
Document the goods, services and payments
For a bank or accountant, a broad activity description leaves important questions open. Who supplies the goods, where are they delivered and which company invoices the customer? A service business must explain where and by whom the work is performed. Establishing that story before formation helps reveal missing documents and operational assumptions.
Map the commercial transactions
Describe the goods or services, principal counterparties, currencies and expected payment routes. For trading, include where goods are purchased and delivered. For services, identify the people doing the work. This helps your advisers assess the setup and gives the banking application a concrete business explanation.
Organise the local company roles
Confirm the directors, company secretary and registered-office arrangements for the chosen company. Ownership and control records need to remain current. If a corporate shareholder is involved, prepare its constitutional and registry documents with a clear chain to the ultimate owners.
Distinguish the annual return from financial reporting
Hong Kong’s Companies Registry requires an annual return for private companies, subject to the applicable rules. That registry filing is separate from business registration, accounting, audit and tax requirements. Identify who will handle each area and how transaction records will reach them throughout the year.
Offshore profits need evidence of where work happens
Customer location alone does not prove that Hong Kong profits arose offshore. Keep evidence of where work, negotiation and management occurred. A bank’s review of the business and the tax authority’s assessment have different purposes.
The business behind the account
Your company- Owners
- Residence and who makes decisions
- Customers
- Where payments come from
- Suppliers
- Where the company sends money
- Activity
- What customers actually buy
Together, these facts explain why the company needs this account.
Trading, reporting and banking
What does a Hong Kong company cost with you?
Hong Kong LTD formation is EUR 3,555 and the annual fee is EUR 1,350, both in euros as listed in our price list. Accounting and audit are agreed separately.
When is the annual return due and what does it cost?
The Companies Registry requires a private company’s annual return within 42 days after its incorporation anniversary, except in the year of incorporation. Filed on time, the fee is HKD 105; filed late, it rises to between HKD 870 and HKD 3,480.
How much profits tax does the company pay?
The two-tier regime taxes the first HKD 2 million of assessable profits at 8.25% and the rest at 16.5%. Whether particular income is sourced in Hong Kong is assessed on the facts.
Is income earned outside Hong Kong automatically untaxed?
Do not assume that from incorporation alone. The source and nature of income, actual operations and current rules require professional assessment. Keep the contracts and transaction evidence needed to support that review.
Does the annual return replace the accounts?
No. The registry return serves a different purpose from financial statements, audit work and tax filing. Your service scope should identify those responsibilities separately.
Can the bank application be completed without travel?
That depends on the bank, owners and activity. Confirm current identification and attendance requirements for your case. Banking support is a separate service priced from EUR 300 to EUR 3,000, excluding bank deposits and the institution’s own fees. The bank decides on the account; our fee covers the agreed work.
How is a Hong Kong company taxed in my home country?
It depends on your tax residence, where you and any staff do the work, and the rules of your country, including any rules on foreign companies. Where the company is managed matters as much as where it is registered. Ask a tax adviser in your country of residence before the company starts invoicing.
Compare your next options.
United Arab Emirates
Start by separating international holding and business-company needs from local operating licences, premises and residency plans.
Singapore
Plan directors, company secretary, registered office and ongoing administration alongside your incorporation.
Banking preparation
Review the activity, ownership and payment flows an institution will need to understand.
Sources and further reading
Check the original requirements for your case. Rules, fees and provider policies can change.
Discuss your Hong Kong company
A Hong Kong company needs a clear role in your trading or service business. Contracts, payments and ownership records should explain that role consistently. Share the customer and supplier countries so we can discuss incorporation with the banking preparation and annual work it requires.
Discuss my Hong Kong company