Choosing the right jurisdiction for your company for Amazon is crucial for tax efficiency, legal protection, and business growth. Many e-commerce sellers opt for an offshore structure to maximize profits and simplify compliance. If you’re looking for the best offshore company for Amazon, Hong Kong stands out as the top choice.
Why a Hong Kong Company is Perfect for Amazon Sellers
1. Tax Advantages
– Hong Kong operates on a territorial tax system, meaning profits earned outside Hong Kong are tax-free.
– No VAT, sales tax, or capital gains tax, making it ideal for an Amazon seller account Amazon company.
2. Business-Friendly Environment
– Easy company registration and low corporate tax rate (16.5% on local profits).
– Strong legal system and international banking access.
3. Global Reputation & E-Commerce Support
– Hong Kong is recognized as a leading financial hub, increasing trust with suppliers and customers.
– Many payment processors (like PayPal and Stripe) work seamlessly with Hong Kong companies.
4. No Restrictions on Foreign Ownership
– Unlike some jurisdictions, Hong Kong allows 100% foreign ownership of companies.
How to Set Up Your Amazon Business in Hong Kong
– Register a Hong Kong company (takes ~1 week).
– Open a corporate bank account (HSBC, DBS, or virtual banks like Airwallex).
– Apply for an Amazon seller account under your Hong Kong entity.
For Amazon sellers seeking the best offshore company for Amazon, Hong Kong offers unbeatable benefits. Its tax efficiency, ease of doing business, and global credibility make it the best jurisdiction for work with Amazon.
How to Open a Company in China in 2025
Opening a company in China can be a profitable venture due to its growing economy and business-friendly policies. Whether you want to open a trading company in China, open an export company in China, or open a branch of a company in China, understanding the registration process and costs is essential.
1. Steps to Register a Company in China
The registration of a company in China involves several steps:
– Choose a business structure (WFOE, Joint Venture, Representative Office).
– Select a company name and get approval from the company registration authority in China (Administration for Market Regulation).
– Submit required documents (business scope, registered capital, legal representative details).
– Obtain business licenses (Business License, Organization Code Certificate).
– Complete tax and customs registration.
2. How Much Does It Cost to Open a Company in China?
The cost to open a company in China 2025 depends on the business type and location. Generally, you should consider:
– Registered capital (varies by industry, minimum ¥10,000 for some sectors).
– Government fees (around ¥1,000–¥5,000).
– Legal and agency fees (¥5,000–¥20,000 if using a service).
– Office rental and operational costs.
3. Company Registration Authority in China
The main company registration authority in China is the Administration for Market Regulation (AMR). They handle business licenses, compliance, and legal approvals.
4. Why Open a Trading or Export Company in China?
China is a global trade hub. If you open a trading company in China or open an export company in China, you benefit from:
– Access to manufacturing and suppliers.
– Favorable tax policies for exporters.
– Efficient logistics and global shipping networks.
To register company in China, follow legal procedures and prepare the necessary budget. With proper planning, your business can thrive in China’s dynamic market.
Would you like assistance with legal or agency services for company registration? Contact experts for a smooth process!
Legal Address in China and Hong Kong: Key Requirements and Differences
When registering a company in Mainland China or Hong Kong, one of the essential requirements is providing a legal address (also known as a registered address). This address serves as the official location of the business for government correspondence, tax purposes, and legal notifications.
Legal Address in Mainland China:
Requirements:
– Must be a real, physical address (P.O. boxes are not accepted).
– Should match the business scope and local regulations (some industries require specific zones, like free trade zones).
– Foreign companies often use:
– A leased office (with a rental contract).
– A virtual office (if allowed in the region).
– A registered agent’s address (common for WFOEs and representative offices).
Key Restrictions:
– Some cities (like Beijing and Shanghai) have strict zoning laws.
– Residential addresses are usually not allowed for business registration (exceptions exist in certain free trade zones).
2. Legal Address in Hong Kong
Requirements:
– Can be a commercial or residential address (unlike Mainland China).
– Many companies use secretarial service providers that offer registered addresses along with mail handling.
Key Benefits:
-No restrictions on foreign ownership.
– Lower costs compared to Mainland China (many firms provide affordable registered address services).
3. Differences Between China and Hong Kong
| Aspect | Mainland China | Hong Kong |
| Address Type | Must be commercial (with few exceptions) | Can be commercial or residential |
| Virtual Offices | Limited availability (depends on the city) | Widely accepted |
| P.O. Boxes | Not allowed | Allowed (if registered with HK Post) |
| Cost | Higher (due to stricter requirements) | Lower (flexible options available) |
4. How to Obtain a Legal Address?
– In China: Lease an office or use a registered agent service (common for WFOEs).
– In Hong Kong: Use a company secretary service, which often includes a legal address.
Conclusion
Choosing the right legal address is crucial for compliance in both China and Hong Kong. While Mainland China has stricter requirements, Hong Kong offers more flexibility, making it a popular choice for international businesses.
Trademarks in China: Registration and Purchase
Trademarks of China: Key Facts
Registering a trademark in China is essential for businesses looking to protect their brand. China follows a “first-to-file” system, meaning the first applicant gets the rights. The process is handled by the China National Intellectual Property Administration (CNIPA).
How to Register a Trademark in China
1. Trademark Search – Check for existing trademarks to avoid conflicts.
2. Application Submission – File with CNIPA, including the trademark design and goods/services classification.
3. Examination – CNIPA reviews the application (takes 9-12 months).
4. Publication & Registration – If approved, the trademark is published and registered.
Buy Trademark in China
If you need a trademark quickly, you can buy a trademark in China from existing owners. This is faster than registration but requires proper transfer procedures with CNIPA.
Trademark in Hong Kong: Special Considerations
Hong Kong has a separate trademark system from mainland China. To protect your brand, you must register a trademark in Hong Kong separately through the Hong Kong Intellectual Property Department.
Buy Trademark in Hong Kong:
Purchasing an existing trademark in Hong Kong is also an option. Ensure the transfer is recorded with the Hong Kong IPD for legal protection.
Whether you register a trademark in China or buy a trademark in Hong Kong, protecting your brand is crucial for business success. Seek professional help for a smooth process.
How to Open an Offshore Company
Opening an offshore company can provide numerous benefits, including tax optimization, asset protection, and international business expansion. Popular offshore zones include Hong Kong, the British Virgin Islands (BVI), Seychelles, Dubai, Singapore, Switzerland, and the UK.
Why Open an Offshore Company?
– Tax Advantages – Many offshore zones offer low or zero corporate tax rates.
– Asset Protection – Safeguard assets from lawsuits and creditors.
– Confidentiality – Offshore companies often ensure privacy for owners.
– Global Banking Access – Open accounts in offshore banks for international transactions.
Popular Offshore Zones:
1. Hong Kong Offshore Company– Strong banking system, low taxes.
2. British Virgin Islands (BVI) Offshore Company – No corporate tax, high confidentiality.
3. Seychelles Offshore Company– Fast registration, tax-free benefits.
4. Dubai Offshore Company – Zero taxes, business-friendly policies.
5. Singapore Offshore Company– Reputable jurisdiction, strong legal system.
6. Switzerland Offshore– Banking privacy, stability.
7. UK Offshore Company– Prestigious, non-resident tax benefits.
How to Register an Offshore Company:
1. Choose a Jurisdiction – Select between Hong Kong, BVI, Seychelles, etc.
2. Prepare Documents – Passport, proof of address, company name.
3. Submit Application – Work with a registered agent for offshore company registration.
4. Open a Bank Account – Select an offshore bank for financial operations.
Offshore Banking.
You can open an account in an offshore zone to manage international transactions securely. Popular choices include:
– Switzerland Offshore Bank– High security and privacy.
– Singapore Offshore Bank– Strong financial hub.
– Offshore British Virgin Islands Bank– Flexible banking solutions.
Whether you want to buy an offshore company, register a company in an offshore zone, or open an offshore bank account, selecting the right jurisdiction is crucial. Consult with experts to ensure compliance and maximize benefits.
Start your offshore journey today!
How to Open a Bank Account Abroad
Opening a bank account abroad can provide financial flexibility, access to foreign currencies, and international investment opportunities. Whether you need a payment account abroad for business, a brokerage account abroad for investments, or simply want to transfer money to an account abroad.
Why Open an Account Abroad?
– Hold multiple currencies with currency accounts abroad.
– Easily transfer to an account abroad for international transactions.
– Manage tax accounts abroad for legal tax optimization.
– Access global markets with a brokerage account abroad.
– Securely top up account abroad for travel or business needs.
Types of Accounts You Can Open Abroad
1. Personal bank account abroad – For daily transactions and savings.
2. Currency accounts abroad – Hold USD, EUR, or other foreign currencies.
3. Payment account abroad – Useful for freelancers and businesses.
4. Brokerage account abroad – Invest in international stocks and assets.
5. Account of the company abroad – For international business operations.
How to Open an Account in a Bank Abroad
1. Choose a Country & Bank
– Popular destinations: Switzerland, Singapore, USA, UAE, EU countries, Hong Kong.
– Research banks that allow you to open an account online abroad.
2. Prepare Required Documents
– Passport & proof of address.
– Tax ID (for opening account abroad tax compliance).
– Business documents (if opening an account of the company abroad).
3. Submit an Application
– Some banks let you open an account in a bank abroad remotely.
– Others may require an in-person visit.
4. Fund Your Account
– Transfer money to account abroad from your home bank.
– Use services like SberBank to transfer to account abroad.
– Top up account abroad via wire transfer or cryptocurrency.
How to Transfer Money to an Account Abroad
– Bank wire transfers (SWIFT/SEPA).
– Digital wallets (PayPal, Wise).
– Cryptocurrency transfers (Bitcoin, USDT).
Tax & Legal Considerations
– Check tax accounts abroad rules in your home country.
– Some countries require reporting money on account abroad if it exceeds a threshold.
Can You Open an Account Abroad?
Yes! Many banks allow non-residents to open an account abroad, but requirements vary. Some banks offer account open abroad services digitally, while others require residency.
Whether you need a bank account abroad for travel, business, or investments, the process is simpler than ever. With options to open a currency account abroad or manage a brokerage account abroad, you can optimize finances globally. Just ensure compliance with account abroad tax laws and choose the right bank for your needs.
Hong Kong company registration
Hong Kong is one of the best places in Asia to start a business due to its low taxes, strong legal system, and international reputation. If you want to establish a Hong Kong company, the most common structure is a Hong Kong limited company.
Why Choose a Hong Kong Limited Company?
– Tax Benefits: Corporate tax rate is only 16.5% (for profits).
– No Restrictions on Foreign Ownership: 100% foreign shareholders allowed.
– Strong Legal System: Based on English common law.
– Global Business Hub: Easy access to China and international markets.
Hong Kong Company Registration Process:
1. Choose a Company Name (Must be unique and end with “Limited” (e.g., “ABC Trading Limited”).
2. Physical Director with age 18 or above
3. Prepare Documents – Director and shareholder IDs, business scope, registered address in Hong Kong.
3. Submit to the Hong Kong Company Register.
4. Receive Certificate of Incorporation.
Process Time will be 7 working days after receiving all required document. After registration, the Company Registry issues a Business Registration Certificate (BR) via the Business Registration Office. If you plan to set up or manage a Hong Kong company, you’ll need to interact with key government bodies, including the Business Registration Office (BRO), Companies Registry (CR), and Hong Kong Inland Revenue Department (IRD). Here’s how these agencies work and what you need to know.
1. Hong Kong Companies Registry – Registering Your Business
The Hong Kong Companies Registry (CR) is responsible for the incorporation and regulation of companies in Hong Kong.
Key Functions:
-Company Incorporation: Registers new Hong Kong limited companies.
– Annual Returns: Requires companies to submit yearly updates.
– Public Record Maintenance: Provides access to company details (e.g., directors, shareholders).
2. Business Registration Office – Legalizing Your Business
The Business Registration Office (BRO) operates under the IRD and ensures all businesses in Hong Kong are properly registered.
Key Requirements:
– Every company must obtain a Business Registration Certificate (BRC) within 30 days of incorporation.
– The BRC must be renewed annually (or every 3 years for some businesses).
– Display the BRC at your business location.
3. Hong Kong Inland Revenue Department (IRD) – Tax Compliance
The IRD oversees taxation, including profits tax, salaries tax, and property tax.
Key Responsibilities:
– Profits Tax Filing (16.5% for corporations).
– Employer Tax Obligations (MPF contributions, payroll reporting).
– Tax Audits & Investigations.
Major Corporate Tax in China Mainland (not Hong Kong)
In the article we would like to regard two major corporate tax in Mainland China. This is Value Added Tax (VAT) and Profit tax.
1) Standard VAT rate for goods is 13%. Tax is to be paid on monthly base.
As the base for calculation is Government invoice value. 政府发票.
All these invoices are recorded in Tax Department. Tax Department may impose some restrictions on value or the number of invoices and is eligible for checking all invoices for the company.
The value of all invoices, issued by the company with money received, should be deducted the value of all invoices, settled by the company for the same period (cost of sales or cost of the product). Then 13% of the difference should be settled to the government through designated bank account for the previous month.
VAT is not applicable to many services, like transportation and other services.
VAT may be lowered for small companies with revenue less than 700 000 RMB and companies for the 1st operating year.
2) Profit Tax.
Government invoices also act as the base for the calculation of the profit tax. Calculation should be done quarterly in the beginning of the quarter for the previous one.
For the companies with net profit less than 3 millions, the profit tax is only 5%. For companies with profit over 3 millions, the profit tax is up to 25%.
Many cities and special regions may have tax policy differences. Also there are special rates for some types of goods, like innovative and eco-related goods.
Above rates are applicable to standard goods in Guangzhou region, where our company mostly operates.
The change of registration number in company documents for HK company
Dear Colleagues,
Starting from 27th Dec 2023, the 2nd phase of the law about Unique Business Identifier (“UBI”) takes force.
The main idea of the changes is that start from 27th Dec 2023 Business Registration Number (“BRN”) (i.e. first 8 digits of the number which can be found in Business Registration Certificate) will become Unique Business Identifier (“UBI”).
This number “UBI” will also be implemented as the number in the 2nd chief company document: Certificate of Incorporation (“CI”).
Now let’s see how these changes influence our business practice.
- BRN will be officially the main number for communication with Inland Revenue Department and Company Registry;
- No any actions are required for CIs, which already were issued before the designated date. But in the case you will need the updated number for some reason, there’s special form for this;
As usual, clients of Asia Corp Prom has nothing to worry about. We are familiar with all the changes and we will follow up correctly everything.
The official document you can find by clicking this link: Companies Registry External Circular No. 3 / 2023
Changes in tax reporting for HK companies
Dear Colleagues,
We would like to draw your attention to the changes in HK tax legislation which occurred recently. The changes are related to companies’ “no-activity” reporting.
https://www.ird.gov.hk/eng/ppr/archives/23040301.htm“Starting from this year, all corporations and businesses, regardless of the amount of their gross income and the mode of return filing, must submit their profits tax returns together with all supporting documents (including financial statements and profits tax computations). “
In other words, starting from this year April, if the company claims “no commercial activity” it should provide profit tax return together with Audit report.
Besides, financial statement should include at least all government fees, company secretary charges or registered address charges and other compulsory charges. All these charges occur anyway if they company is not dormant status and even if the company claims “no commercial activity” in profit tax-return.
We as usual recommend all our clients to do accounting base on the HK ordinance.
