Singapore or Hong Kong: where to set up your company?
Two deliverable jurisdictions, side by side on the facts our profiles carry — company form, tax, capital, timeline, banking, substance and our price. Who each one fits, what really decides between them, and the traps of each.
| Singapore | Hong Kong | |
|---|---|---|
| Usual company form | Pte Ltd | Ltd |
| Corporate taxation | 17 % · start-up reliefs | 8.25 to 16.5 % · exemption possible on income earned outside the territory, on application |
| Share capital | SGD 1 | HKD 1 |
| Incorporation time | 1–5 days | 1–2 days |
| Banking access | Demanding | Demanding |
| Substance requirement | Real presence required | Necessary, but not sufficient on its own |
| Our services | from 3,290 € | from 2,390 € |
Singapore — who it's for
- Reputation and regulatory quality among the best in the world.
- Substantial reliefs for young companies.
- Excellent banking access once obtained.
Hong Kong — who it's for
- Natural gateway to the Chinese and Asian markets.
- Possible exemption on income generated outside the territory.
What really decides between them
- Corporate tax — Singapore : 17 % · start-up reliefs · Hong Kong : 8.25 to 16.5 % · exemption possible on income earned outside the territory, on application
- Minimum capital — Singapore : SGD 1 · Hong Kong : HKD 1
- Registration time — Singapore : 1–5 days · Hong Kong : 1–2 days
- Banking access — Singapore : Demanding · Hong Kong : Demanding
- Substance — Singapore : Real presence required · Hong Kong : Necessary, but not sufficient on its own
- Our price — Singapore : from 3,290 € · Hong Kong : from 2,390 €
Figures from each profile; to be checked there. The right choice depends on where you will really operate and bank.
Traps — Singapore
- A resident director is mandatory, and is the heaviest recurring item.
- A trip is generally necessary for account opening.
Traps — Hong Kong
- The exemption is not automatic: it is claimed and justified file by file.
- Account opening often requires a trip and demonstrable Asian clients.
Singapore or Hong Kong: frequently asked questions
Singapore or Hong Kong: which is cheaper to set up?
Singapore: from 3,290 €; Hong Kong: from 2,390 €. Starting prices, official fees included, excluding tax.
Singapore or Hong Kong: how does corporate tax compare?
Singapore: 17 % · start-up reliefs; Hong Kong: 8.25 to 16.5 % · exemption possible on income earned outside the territory, on application. To be checked on each profile.
Singapore or Hong Kong: which is faster to register?
Singapore: 1–5 days; Hong Kong: 1–2 days. Usual times.