Starting a business in Hong Kong is straightforward, thanks to its business-friendly environment, simple tax regime, and world-class infrastructure. Here's a step-by-step guide:

• Choose a Business Structure – Most entrepreneurs go with a Private Limited Company (Ltd) for its limited liability and scalability. Sole Proprietorships and Partnerships are also options.
• Register Your Business – Register your company with the Companies Registry (CR) and apply for a Business Registration Certificate with the Inland Revenue Department (IRD).
• Open a Business Bank Account – A corporate bank account is essential to manage your business finances.
• Check for Licenses & Permits – Some industries (e.g., F&B, financial services) require additional licenses.
• Set Up Accounting & Tax Compliance – Maintain proper bookkeeping, file annual returns, and comply with IRD tax obligations.
• Build Your Online Presence – Secure your domain, launch a website, and activate social media channels.

To simplify the process, Aspire Launchpad connects entrepreneurs with trusted incorporation specialists, accountants, and digital service providers—making business setup in Hong Kong seamless and worry-free.🚀

Yes, foreigners can 100% own a business in Hong Kong—even without local residency. Here’s what you’ll need:

• Form a Private Limited Company – The most common and scalable structure for foreign founders.
• Appoint a Local Company Secretary – Hong Kong companies must appoint a local secretary to ensure regulatory compliance.
• Provide a Registered Business Address – A local Hong Kong address is required for registration and correspondence.
• Engage a Professional Service Provider – Many foreigners partner with incorporation firms for company setup, secretarial services, and ongoing compliance.

With Aspire Launchpad, foreign entrepreneurs can connect with vetted partners who handle company formation, compliance, and back-office support—so you can focus on growth, not paperwork.

Top accounting solutions for Hong Kong startups include cloud-based software, outsourced bookkeeping, and firms offering full financial reporting and tax filing services.

Look for services that cover:

• Bookkeeping and monthly reporting
• Tax computation and filing with IRD
• Payroll and MPF contributions
• Annual audits (if applicable)

Aspire Launchpad helps startups connect with reliable accounting partners who handle compliance, giving founders more time to grow their business.

To operate efficiently and scale quickly, startups in Hong Kong need a solid digital and operational toolkit:

• Incorporation & Compliance – Tools for registering your business, managing filings, and staying compliant with local laws.
• Banking & Payments – Digital business accounts, cross-border payments, and expense management platforms.
• Productivity & Collaboration – Tools for messaging, video calls, task tracking, and cloud document sharing.
• Marketing & Growth – Website builders, SEO tools, email marketing platforms, and CRM software.
• Finance & Accounting – Cloud accounting, payroll processing, and tax filing systems.

With Aspire Launchpad, you can discover and connect with top-rated service providers across these areas—so you can start, manage, and scale your business with confidence.