Updated 17 March 2026
Is using an agent to form a Hong Kong company worth it? DIY vs agent compared: cost, time and risk at a glance
Starting a company yourself can save on agency fees; the government’s electronic application costs about HK$3,895. However, if you are unfamiliar with the regulations, the time and trial and error costs could be higher; if the company structure is complex, it could take longer to complete the process. […]
Updated 17 March 2026
Company formation FAQs: SetupHK explains timing, documents and after-sales service in full
Engaging SetupHK to form your company generally takes about 5-7 working days, with a dedicated account manager following up after the service. Fees are transparent with no hidden charges, and refund and related terms […]
Updated 12 March 2026
After setting up a Hong Kong company: first-year to-do list
In its first year after incorporation, a Hong Kong company must open a bank account, set up an accounting system, file its annual return (NAR1), file its profits tax return and renew its business registration, each with a clear […]
Updated 12 March 2026
Company bank account requirements and 4 common reasons for rejection: what to do if an account is refused
Most Hong Kong company bank account rejections come down to four points: higher-risk business nature, incomplete documents, concerns about the directors' background, or proof of address that does not meet requirements. Key points: Hong Kong […]
Updated 12 March 2026
Hong Kong profits tax basics: key tax points for first-time founders
Hong Kong profits tax is charged only on profits from Hong Kong businesses. Limited companies are subject to two-tier tax rates: 8.25% on the first HK$2 million and 16.5% on the remainder. If a company […]
Updated 11 March 2026
Hong Kong limited company registration process: 5 steps, so even a first-time DIY applicant can get it right in one go
Forming a limited company in Hong Kong takes 5 steps: search the name, prepare documents (Form NNC1, articles of association, proof of identity, proof of address), submit the application, pay the fees and collect the certificate. […]
Updated 11 March 2026
Can one person set up a limited company? Understand the rules for a sole shareholder-director in 3 minutes
Hong Kong law allows one person to be both the sole shareholder and sole director, so a one-person limited company is entirely legal. However, the company secretary cannot be the sole director and must be appointed separately […]
Updated 10 March 2026
Online shop business registration in Hong Kong | SetupHK
You do not necessarily need a company to run an online shop, but if you trade continuously for profit you must have a business registration. Registering as an individual is enough at the start; upgrade to a limited […]
Updated 13 January 2026
What do Hong Kong tax filing services include? Company tax filing process, fees and real benefits explained
Hong Kong tax filing services cover bookkeeping, audit coordination and profits tax returns. A professional team helps calculate tax, submit the audit report and reply to IRD enquiries, reducing errors and omissions for businesses […]
Updated 9 January 2026
How much does an audit cost? Does a company have to be audited? Audit process and fee factors
A Hong Kong limited company must be audited every year. The service covers the statutory audit report, profits tax computation and filing of the tax return. Audit fees depend on the company's size, the complexity of its business and the completeness of its […]
Updated 9 January 2026
How should an SME handle its accounting? In-house vs outsourced: differences, fee factors and process compared
Hong Kong accounting services help companies organise their accounts, prepare financial statements, file tax returns and manage payroll. Outsourcing to professional accountants can save cost and risk, ensure compliance and financial transparency, […]
Updated 9 January 2026
What is the difference between accounting and auditing? 4 key differences for Hong Kong companies
Accounting records the financial data; auditing (an audit) verifies the statements. A Hong Kong limited company must complete both processes every year. Without an audit, you face tax penalties, […]