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Public Company Limited by SharesImport / Export & Trading

Public Company Limited by Shares in Hong Kong — Import / Export & Trading Formation Guide

Choose a jurisdiction with strong logistics infrastructure, favorable customs agreements, and access to major trade blocs (like the EU or US). Consider VAT deferral schemes and free trade zones.

Last verified: June 13, 2026

Corporate Tax

16.5%

State Tax

0.0%

Formation Cost

$499

Annual Fee

$319

Forming a Public Company Limited by Shares in Hong Kong as a Import / Export & Trading means a total tax burden of 16.5% and an official formation cost of $499. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.

First-year total cost

$1,799

Ongoing (per year)

$3,119

Detailed cost calculator →

Why Public Company Limited by Shares for Import / Export & Trading?

A business model focused on sourcing goods from one country and selling them in another. Success relies heavily on supply chain efficiency, customs compliance, and navigating international trade tariffs.

Ideal for

  • Physical product brands
  • Wholesalers and distributors
  • Dropshippers scaling to bulk inventory
  • Cross-border B2B traders

Challenges to watch

  • Complex customs and import duties
  • High shipping and logistics costs
  • Cash flow management due to inventory delays
  • Regulatory compliance across multiple jurisdictions

Key decision criteria

  • Proximity to major ports or logistics hubs
  • Availability of Free Trade Zones (FTZs)
  • VAT and sales tax registration requirements (e.g., EORI in the EU)
  • Double taxation treaties between sourcing and selling countries

Estimated breakdown (based on avg. $1,000,000 revenue)

Gross Revenue$1,000,000
Corporate Tax-$165,000
Formation Cost-$499
Annual Fee-$319
Net Profit$834,182

Simulate with your own revenue →

VAT / Sales Tax

Standard rate 0%. Hong Kong does not levy Value Added Tax (VAT), Goods and Services Tax (GST), or any general sales tax on goods and digital services.

Banking & payments for Import / Export & Trading

Opening a traditional bank account in Hong Kong can be rigorous for non-resident founders, often requiring an in-person interview, a solid business plan, and extensive KYC/AML documentation. However, fintech alternatives like Statrys and Airwallex offer fully remote onboarding with much faster approval times.

Supported payment gateways

StripePayPalAirwallexAdyenCheckout.com

Remote-friendly accounts

  • Statrys

    A popular Hong Kong-based fintech offering multi-currency business accounts with fully remote onboarding.

  • Airwallex

    Excellent for global startups needing virtual cards, multi-currency accounts, and fast remote setup.

Public Company Limited by Shares formation steps

1

Choose a proposed company name and verify its availability via the Companies Registry Cyber Search Centre.

2

Appoint at least one director, one shareholder, and a mandatory Hong Kong-resident company secretary (or licensed TCSP).

3

Secure a physical registered office address in Hong Kong (P.O. boxes are strictly prohibited).

4

Draft the Articles of Association, typically adopting the Model Articles for Public Companies Limited by Shares.

5

Submit the incorporation form (NNC1G) along with the Articles to the Companies Registry and pay the HKD 1,545 fee.

6

Obtain the Certificate of Incorporation and the Business Registration Certificate (BRC fee is HKD 2,350 for the 2026-2027 period).

7

Open a corporate bank account, register for the Mandatory Provident Fund (MPF) for employees, and apply for any specific industry licenses.

Import / Export & Trading FAQ

Do I need a company in the country I am importing to?

Not always. You can often act as a Non-Resident Importer (NRI), but having a local entity can simplify customs, VAT registration, and local banking.

What is an EORI number and do I need one?

An Economic Operators Registration and Identification (EORI) number is required for businesses importing or exporting goods into or out of the European Union.

Should I incorporate in a Free Trade Zone (FTZ)?

FTZs offer tax exemptions and simplified customs procedures, making them ideal if you plan to re-export goods without them entering the local domestic market.

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