🇭🇰 Wan Chai, Hong Kong Business Services

Bookkeeping, Company Secretary & Incorporation in Wan Chai Hong Kong · Limited Company · BRC · Annual Return · Profits Tax · MPF

Indian entrepreneurs, global startups & NRIs — register a Hong Kong Limited Company in Wan Chai in 5–10 working days. Mandatory company secretary, bookkeeping, Profits Tax, and annual return filing — all handled from India.

🏢
Company Incorporation
From HK$3,800
📋
Company Secretary
HK$2,400/year
📊
Bookkeeping
From HK$1,800/month
📍 Wan Chai District
📍 Central HK
📍 Causeway Bay
📍 Sheung Wan
🌏 From India
🌏 Pan-Asia

🇭🇰 Why Wan Chai for Your Hong Kong Company:
Wan Chai — Hong Kong's iconic commercial district flanked by Central and Causeway Bay — is home to HSBC, Standard Chartered, ICICI Bank HK, major law firms, and the Hong Kong Convention & Exhibition Centre. A Wan Chai HK Limited Company gives Indian entrepreneurs immediate access to Asia's premier financial gateway, China trade routes, 16.5% Profits Tax, and zero dividend withholding under India-HK DTAA.

🌏 Indian Entrepreneurs
📦 Trading Companies
💻 Tech & SaaS
🏭 Manufacturing Holding
🚀 Asia Expansion
💼 Holding Structures
🌐 Import-Export
✅ 5–10 Day Incorporation
🔐 Mandatory Co. Secretary
📊 HKD Bookkeeping
📋 Annual Return (NAR1)
🏦 Bank Account Guidance
🗣️ Hindi & English
300+
HK Companies Setup
5 days
Fastest Incorporation
4.9
Client Rating
🇭🇰
Wan Chai HK Business Experts

Start Your Hong Kong Company

Our HK-India CA calls within 2 hours — Hindi & English

⚡ Hong Kong Limited Company: 5–10 working days — 100% remote

Application Received!

Our Wan Chai HK specialist calls within 2 hours with your complete Hong Kong setup plan.

🔒 SSL Secured · Confidential · 2-hour callback · Hindi & English
Wan Chai HK Services

Complete Hong Kong Business Services
for Indian & Global Entrepreneurs

From Companies Registry incorporation to annual Profits Tax return — Sirus Infotech handles every Hong Kong compliance requirement for your Wan Chai company.

🏢

HK Company Incorporation

Hong Kong Limited Company registration with the Companies Registry. Includes Memorandum & Articles of Association, Certificate of Incorporation, and Business Registration Certificate (BRC). Registered office address in Wan Chai. 5–10 working days.

From HK$3,800
📋

Mandatory Company Secretary

Hong Kong law requires every company to have a licensed Company Secretary based in Hong Kong. Our Wan Chai partner firm provides professional company secretary — filing Annual Returns (NAR1), maintaining statutory registers, Significant Controllers Register (SCR), and Companies Ordinance compliance.

HK$2,400/year
📊

Bookkeeping & Accounting

Monthly bookkeeping in Hong Kong Dollars (HKD) using Xero or QuickBooks Online. Bank reconciliation (HSBC, Hang Seng, Airwallex), Stripe and PayPal feeds, management accounts. Annual statutory accounts prepared per HKFRS standards for HKICPA-registered auditor review.

From HK$1,800/month
📅

Annual Return (NAR1)

Hong Kong companies must file Annual Return (NAR1) with the Companies Registry within 42 days of incorporation anniversary. We prepare and file NAR1 with all director, shareholder, and share capital updates. Includes Significant Controllers Register maintenance. Late filing penalty: HK$870–HK$3,480.

Due within 42 days
💰

Profits Tax Return (BIR51)

Annual Profits Tax Return filing with Hong Kong Inland Revenue Department. Two-tier regime claim (8.25% on first HK$2M), offshore income claim where applicable, deduction optimisation. Working with your HKICPA auditor. Includes preparation of tax computation and notes to accounts.

IRD Annual Filing
👥

MPF (Mandatory Provident Fund)

Mandatory Provident Fund scheme enrollment and administration for Hong Kong employees. Employer contribution 5% (capped HK$1,500/month) + employee 5% deduction. Monthly MPF remittance to MPF trustees (HSBC, AIA, Manulife). Employer's Return (IR56B/IR56F) filing with IRD.

Employees Required
🏦

HK Corporate Bank Account

Preparation and guidance for corporate bank account opening in Hong Kong. HSBC Business, Hang Seng, Standard Chartered, ICICI Bank HK (Wan Chai branch — best for Indian companies), Airwallex, and Currenxie digital accounts. Full document pack, business plan, and application support.

ICICI HK Specialists
🌐

India-HK DTAA Advisory

India-Hong Kong Double Taxation Avoidance Agreement (2021) — structuring dividends, royalties, and service fees for tax efficiency. India ITR Schedule FA (Foreign Assets) disclosure for Indian owners of HK companies. RBI FEMA compliance for Indian resident shareholders and directors in HK companies.

DTAA 2021
📝

Offshore Income Claim

Hong Kong follows territorial taxation — offshore-sourced profits are not subject to Profits Tax. Indian companies using HK as a trading hub may qualify for offshore exemption claims with IRD. We prepare the offshore claim application, supporting documentation, and handle IRD queries for Wan Chai companies.

Zero HK Tax on Offshore
Annual Compliance Calendar

HK Company Annual Compliance
Deadlines & Penalties

Every Hong Kong Limited Company has mandatory annual filings. Missing these deadlines results in automatic penalties from Companies Registry or Inland Revenue Department.

🏢 Business Registration Certificate (BRC) Renewal

Annual — 1 month before expiry
HK$1,400+ penalty if late

Every HK company must renew its Business Registration Certificate annually with the Business Registration Office. Fee: HK$250/year (currently waived for many companies under government concessions). Our team tracks renewal dates for all client companies and files 6 weeks in advance.

📅 Annual Return (NAR1) — Companies Registry

42 days after incorporation anniversary
HK$870–HK$3,480 late penalty

NAR1 (Annual Return for private companies) must be filed within 42 days of the incorporation anniversary date. It updates the Companies Registry with current directors, company secretary, shareholders, and share capital information. Filing fee: HK$105. Our company secretary files NAR1 30 days in advance for all Wan Chai client companies.

💰 Profits Tax Return (BIR51) — Inland Revenue Department

1 month after issue (extension available)
IRD assessment + surcharge if missed

The Inland Revenue Department issues Profits Tax Returns (BIR51) annually. Most HK companies have financial year ending 31 March or 31 December. Audited accounts must accompany the return. IRD grants bulk extension to November/December for authorized tax representatives. Sirus Infotech files Profits Tax Returns for all Wan Chai clients using IRD's e-Filing system.

📊 Audited Accounts — HKICPA CPA Requirement

Before Profits Tax Return deadline
Cannot file BIR51 without audit

Hong Kong companies must have their annual financial statements audited by a Certified Public Accountant (CPA) registered with the Hong Kong Institute of Certified Public Accountants (HKICPA). Our clean monthly bookkeeping ensures audit-ready accounts — reducing auditor time and audit fees significantly for Wan Chai clients.

👥 MPF Monthly Contributions — MPF Authority

By 10th of following month
HK$5,000–HK$450,000 + imprisonment

For HK companies with employees: 5% employer contribution (capped HK$1,500/month per employee) + 5% employee deduction must be remitted to MPF trustees by the 10th of the following month. New employees must be enrolled within 60 days. Sirus Infotech manages monthly MPF remittance and Employer's Return (IR56B) filing for all client companies with employees.

🎬 Hong Kong Company Guide

Watch: Setting Up Your Hong Kong Company
from India — Complete Guide

60 seconds — Company incorporation to bookkeeping to Profits Tax — everything an Indian entrepreneur needs before setting up in Wan Chai, Hong Kong.

WATCH NOW

Everything an Indian Founder Needs Before Incorporating in Wan Chai, HK

Before you register your Hong Kong Limited Company, before you open your HSBC Wan Chai account, before you file your first Profits Tax Return — understand the complete structure, costs, and compliance requirements.

Why Hong Kong, why Wan Chai — Asia's gateway for Indian entrepreneurs
Two-tier Profits Tax — 8.25% on first HK$2M explained
Mandatory Company Secretary — Hong Kong's unique requirement
Annual Return + Profits Tax — compliance calendar
India-HK DTAA 2021 — protecting Indian owners from double tax
How It Works

HK Company Setup
in 5 Steps from India

From Mumbai, Bengaluru, Delhi or anywhere in India — register your Wan Chai Hong Kong company without visiting HK.

1
📞

Consultation

HK-India CA calls in 2 hrs. Company structure, Wan Chai registered office, director/shareholder advice.

2
📄

Documents

Passport, address proof, proposed company name, business activity — WhatsApp or email.

3
🏛️

Companies Registry

M&AA drafted, submitted to HK Companies Registry + Business Registration Office simultaneously.

4
📋

Co. Secretary + BRC

Mandatory Company Secretary appointed. Business Registration Certificate issued. Statutory registers opened.

5
🚀

Fully Operational

Bank account guidance, Xero bookkeeping setup, MPF enrollment, Annual Return calendar activated.

Transparent Wan Chai HK Pricing

All-Inclusive Hong Kong
Company Packages

All government fees, company secretary year 1, and registered office address included. No surprise invoices from your Wan Chai HK company.

Starter

Incorporation Only

Hong Kong Limited Company setup — for those with existing company secretary arrangements

Hong Kong Dollars
HK$3,800
One-time · Govt. fees included
⚡ 5–10 working days
Companies Registry Filing
M&AA Preparation
Certificate of Incorporation
Business Registration Cert (BRC)
Wan Chai Registered Address (Yr 1)
Company Secretary (Year 1)
Bookkeeping
Full Service

Incorporation + Compliance

Complete first-year setup + monthly bookkeeping + Profits Tax + MPF for active HK company

Hong Kong Dollars
HK$Custom
Based on transaction volume
Best for active trading / services HK companies
Everything in Complete
Monthly Bookkeeping (Xero)
Annual Audited Accounts
Profits Tax Return (BIR51)
MPF Administration
Employer's Return (IR56B)
India ITR Schedule FA
Indian Entrepreneurs in Hong Kong

Indian Founders Who Set Up
Their Wan Chai HK Company with Sirus

★★★★★
🌏 Trading Company — Wan Chai HK

"Set up a trading company in Wan Chai for China-India import-export. Sirus handled Companies Registry, company secretary, and ICICI Bank HK account introduction. Two-tier Profits Tax structure explained clearly — saving significant tax vs India. 8 days from start to BRC. Excellent cross-border expertise!"

RK

Rahul Kapoor

Director, Kapoor Asia Trade Ltd · Wan Chai, Hong Kong
★★★★★
💻 Tech Company — HK + India

"Our SaaS company needed a Hong Kong entity for Asia expansion. Sirus incorporated us in Wan Chai, set up Xero bookkeeping, and handled the Profits Tax Return with offshore income claim. India-HK DTAA advisory was invaluable — saved significant tax. The team knows both Indian CA requirements and HK IRD filing perfectly!"

AS

Ananya Sharma

CEO, AsiaTech Solutions Ltd · Hong Kong (Wan Chai) & Bengaluru
★★★★★
🏭 Manufacturing Holding — HK

"Indian manufacturing group needed a HK holding company for Southeast Asian JVs. Sirus incorporated in Wan Chai, appointed company secretary, and structured the dividend flow using DTAA for zero withholding. Annual Return and Profits Tax filed on time every year. India ITR Schedule FA also handled. One firm for both jurisdictions!"

VP

Vikram Patel

MD, Patel Holdings (HK) Ltd · Wan Chai, Hong Kong
Why Sirus Infotech

India's Most Trusted
Hong Kong Business Partner

300+ Hong Kong companies set up for Indian entrepreneurs. Our team combines deep knowledge of Hong Kong Companies Ordinance, IRD requirements, and India-HK DTAA — giving you true one-stop service across both jurisdictions.

Wan Chai Registered Office & Company Secretary

Our HK partner firm provides genuine Wan Chai registered office address and licensed Company Secretary. Your company complies fully with the Companies Ordinance mandatory Company Secretary requirement from Day 1.

Two-Tier Profits Tax Optimization

We structure your HK company to fully utilise the two-tier Profits Tax regime (8.25% on first HK$2M). Offshore income claims, appropriate deductions, and group relief planning — maximizing your Hong Kong tax efficiency.

India-HK DTAA Dual Compliance

We file both your HK Profits Tax Return AND your Indian ITR (Schedule FA and FSI) — giving you genuine India-HK dual jurisdiction compliance under one engagement. No coordination across multiple CA firms needed.

ICICI Bank Hong Kong Introduction

ICICI Bank's Wan Chai branch specialises in serving Indian companies and individuals in HK. Our team provides direct introduction to ICICI HK relationship managers — making corporate bank account opening significantly easier for Indian passport holders.

Hindi & English — One Team

Your Hong Kong company is a global asset — but communication should be in your preferred language. Our CA team speaks Hindi and English, ensuring every Indian founder fully understands their HK compliance obligations from Companies Registry to IRD.

300+
HK Companies
4.9★
Client Rating
5 Days
Fastest Setup
8.25%
Tier 1 Tax Rate
Our Performance
Companies Registry Approval100%
On-Time Annual Returns100%
IRD Tax Filing Accuracy99%
Client Satisfaction99%
Hong Kong Business FAQ

Questions Indian Entrepreneurs Ask
About Wan Chai HK Companies

Real questions from Indian traders, SaaS founders, NRIs, and manufacturing groups about setting up and running a Hong Kong company from India.

Why do Indian entrepreneurs choose Wan Chai for their Hong Kong company?
Wan Chai is Hong Kong's premier commercial district between Central and Causeway Bay. For Indian entrepreneurs: Proximity to HSBC HQ, Bank of China, ICICI Bank HK (Wan Chai branch) — essential for corporate banking. Access to major international law firms and Big Four accounting firms. Hong Kong Convention and Exhibition Centre for India-HK trade events. Excellent MTR connectivity. Hong Kong itself offers 16.5% Profits Tax (8.25% on first HK$2M under two-tier regime), zero capital gains tax, zero VAT/GST, zero dividend withholding under India-HK DTAA, and free profit repatriation to India. For Indian businesses trading with China, Southeast Asia, or seeking international credibility, a Wan Chai HK company is Asia's most powerful business gateway.
Under the Hong Kong Companies Ordinance (Cap. 622), every Hong Kong Limited Company must appoint a Company Secretary at all times — this is non-negotiable. Key rules: If the sole director is an individual, the company secretary CANNOT be that same individual. A separate natural person or corporate entity must serve as company secretary. The company secretary must be a Hong Kong resident individual OR a body corporate with a registered office in HK. Indian-based founders use a professional company secretary firm in Hong Kong. Responsibilities include filing Annual Returns (NAR1), maintaining the Statutory Register of Members and Directors, organising Board resolutions, handling share transfers, maintaining the Significant Controllers Register (SCR). Penalty for no company secretary: HK$5,000. Sirus Infotech provides professional company secretary through our Wan Chai HK partner firm.
Hong Kong's two-tier Profits Tax regime provides significant tax savings: Tier 1 — First HK$2,000,000 of profits: 8.25% (corporate). Tier 2 — Profits above HK$2,000,000: 16.5% (standard corporate rate). Only one entity in a connected group can elect for the two-tier regime. Practical example: On HK$3,000,000 profit — Tax = (HK$2M × 8.25%) + (HK$1M × 16.5%) = HK$330,000. Effective rate ~11%. Compare to India 25.17%, UK 25%, USA 21%. Additional advantages: No capital gains tax. No dividend withholding tax (under India-HK DTAA). Offshore income not subject to HK Profits Tax (requires offshore claim). Territorial taxation — global income outside HK is not taxed. Sirus Infotech structures Indian-HK group taxation to maximise DTAA benefits and two-tier regime savings for Indian entrepreneurs.
Annual HK company compliance: (1) BRC Renewal — annually with Business Registration Office. (2) Annual Return (NAR1) — within 42 days of incorporation anniversary. Fee HK$105. Late penalty: HK$870–HK$3,480. (3) Profits Tax Return (BIR51) — issued by IRD annually. Must submit with audited accounts. (4) Audited Financial Statements — mandatory annual audit by HKICPA-registered CPA. (5) MPF — monthly contributions if company has employees (5% employer + 5% employee, capped HK$1,500 each per month). (6) Significant Controllers Register (SCR) — maintained at registered office. (7) Employer's Return (IR56B) — if company has employees, annual filing with IRD. Sirus Infotech handles all annual compliance for Wan Chai HK companies with 60-day advance reminders for every deadline.
Traditional HK banks (HSBC, Hang Seng, Standard Chartered) typically require in-person visits to Hong Kong. Best options for Indian founders: ICICI Bank Hong Kong (Wan Chai branch) — specifically serves Indian companies and diaspora. Easier process for Indian passport holders. Our team provides direct relationship manager introduction. Airwallex — most popular digital option for Indian entrepreneurs. Full online onboarding for HK companies. USD, HKD, EUR, INR multi-currency. Currenxie and ZA Bank Business — digital alternatives. Required documents for all banks: Certificate of Incorporation, BRC, M&AA, Company Secretary letter, KYC for directors and beneficial owners, business plan describing HK operations and expected transactions. Sirus Infotech provides a complete bank application document pack and ICICI Bank HK introduction as part of the complete incorporation package.
India and Hong Kong signed a comprehensive DTAA effective 2021. Key protections: (1) Dividends: HK withholding on dividends capped at 5% for 10%+ shareholding (vs standard 0% — HK has no dividend withholding, so DTAA primarily protects Indian income tax on dividends). (2) No double taxation on profits of HK company: HK Profits Tax paid gives credit against Indian tax on same income. (3) Capital Gains: No HK capital gains tax. India taxes share disposal gains under Indian capital gains rules. (4) Permanent Establishment: HK company does not create Indian PE merely from Indian directors if actual management is exercised in HK. (5) India ITR mandatory disclosure: Schedule FA (Foreign Assets) + Schedule FSI (Foreign Source Income) in Indian ITR. Penalty under Black Money Act for non-disclosure: Severe. Sirus Infotech files both HK Profits Tax Return AND India ITR with proper DTAA and foreign asset disclosure — genuine one-stop dual-country compliance.
Hong Kong Limited Company: English common law; simple incorporation (5–10 days); no minimum capital; 16.5% Profits Tax (8.25% on first HK$2M); no foreign exchange controls; free repatriation to India; used for trading, services, holding, IP; widely accepted internationally. China WFOE: Mainland China corporate law; complex setup (3–6 months); minimum capital varies; 25% Enterprise Income Tax (15% in high-tech zones); strict SAFE forex controls; required only for physical China operations. Recommendation: Start with a Hong Kong company for Asian trade. Use cross-border B2B transactions with China. Set up a China WFOE only when you need actual operations, retail, or government contracts in mainland China. Sirus Infotech incorporates HK companies and can advise on China WFOE through our Shenzhen partner network when your mainland China operations require it.
HK bookkeeping requirements: Books must be kept under Hong Kong Financial Reporting Standards (HKFRS) — closely aligned with IFRS. Small private companies may use SME-FRS. Annual accounts must be audited by a CPA registered with HKICPA (Hong Kong Institute of CPAs) — this is mandatory with no exceptions. Software: Sirus Infotech uses Xero (preferred) or QuickBooks Online for all Wan Chai client companies. We connect your HSBC/Hang Seng/Airwallex bank feeds, Stripe, PayPal, and Amazon accounts for automated reconciliation. Monthly management accounts in HKD: P&L, Balance Sheet, aged payables/receivables. Annual statutory accounts prepared to audit-ready standard before HKICPA auditor review — reducing your audit fees significantly. Penalty for not maintaining proper accounts: HK$300,000 fine + up to 12 months imprisonment for company officers.
🇭🇰 India's Most Trusted Hong Kong Business Partner

Register Your Wan Chai
Hong Kong Company Today

300+ Indian entrepreneurs have set up Hong Kong companies with Sirus Infotech. From trading companies to tech holdcos to Asia expansion vehicles — India's gateway to Hong Kong starts here.

💬 WhatsApp a HK Expert