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Main » Business services » Business setup assistance in Asia
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Business registration in Asia for Non-Residents

Planning to launch a business in Asia but unsure which country to choose? We’ll help you select the right jurisdiction for your business model and assist with company registration, account opening, bookkeeping, and a company audit

Free consultation
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WoBorders is an independent private consulting company. We provide advisory and administrative support and are not affiliated with any government authority or official registry

15

countries where we support international business launch

8

years of experience in international business consulting and structuring

+100

clients who successfully launched their businesses abroad with our support

We are grateful to our clients for their trust

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Which businesses are suitable for company registration in Asia

Company registration in Asia is not a universal solution, but for businesses working with international clients, payment infrastructure, and Asian markets, it is often an optimal choice. The most common jurisdictions for these purposes are Hong Kong and Singapore, depending on your business model, target markets, and operational needs.

Online business with a global market

Business registration in Asia is well-suited for e-commerce projects, IT, and SaaS companies operating globally. It helps simplify currency operations, international payments, and business expansion in the global market

Trading and international commerce

Company registration in Asia is often a good fit for businesses engaged in trading, import/export, and international commerce. Proximity to manufacturing, logistics hubs, and developed infrastructure provides greater control over supply chains, margins, and operational speed

Manufacturing and Hardware

Business registration in Asia is suitable for manufacturing and hardware companies working with components, assembly, and product scaling. It provides access to suppliers and production facilities, and enables faster solution testing within a single region, reducing costs and accelerating time to market

FinTech and payment solutions

Company registration in Asia is suitable for FinTech projects, payment services, and businesses dealing with international transactions. Such models benefit from clear regulatory frameworks, strong jurisdictional reputation, flexible infrastructure, and access to modern payment ecosystems
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Advantages of company registration in Asia

Company registration in Asia provides businesses with operational advantages through clear tax frameworks, currency flexibility, and efficient interaction with global clients. Developed manufacturing, logistics, and fintech infrastructure ensures fast capital turnover, access to suppliers and components, and accelerates transactions and business scaling

Access to payment infrastructure

Company registration in Asia allows businesses to prepare for integration with international payment systems and work with clients worldwide. This is critical for SaaS, e-commerce, and service businesses, where reliable payment processing is key

Access to Asian markets

Company registration in Asia opens access to one of the largest regions for trade, manufacturing, and international business. This is particularly relevant for companies working with China, Southeast Asia, and global suppliers

Clear corporate structure

Company registration in Asia helps establish a transparent, well-structured business setup for working with clients, partners, and service providers. This is important for companies planning systematic international expansion

Flexibility for international business

Company registration in Asia is suitable for businesses operating across different countries, currencies, and sales models. It simplifies international transactions, partner collaboration, and operational management

How to choose a country for business registration in Asia

Choosing a country for business registration in Asia depends on your business model, payment infrastructure, tax specifics, and company goals. Below are the key criteria for determining the most suitable jurisdiction.

We do not recommend a “default” country — we first analyze your business model, target markets, required payment tools, and scaling plans. Only after that do we propose a solution to avoid choosing a jurisdiction that doesn’t fit your business needs.

Business model analysis
We define your business type: SaaS, e-commerce, consulting, agency, or startup. Based on this, we determine which Asian country best fits and which company structure is required
Payment infrastructure assessment
We evaluate the ability to connect Stripe, PayPal, Airwallex, Payoneer, Wise, bank accounts, and other payment tools that match your business model
Tax model and company structure
We analyze the tax burden and reporting requirements based on the specifics of the business, including the ownership structure, turnover, counterparties, and business goals
Substance requirements
We check whether a local director, company secretary, physical presence, registered address, office, or other requirements are needed for setup and ongoing operations
Business goals and scalability
We assess whether the business plans to attract investment, enter new markets, work with international clients, or scale operations, and also take into account financial goals — whether profits will be reinvested or distributed as dividends

Where we help you open companies in Asia

We support company registration in Hong Kong and Singapore — key jurisdictions for international business. Each has its own specifics: from company structure and tax model to payment infrastructure and setup requirements.

Hong Kong flag icon

Setup time: from 5 days

Hong Kong

For international business in Asia, the most common format is a Private Company Limited by Shares. It is a convenient solution for e-commerce, SaaS, consulting, trading, and companies working with international clients.

Hong Kong has no VAT, and profits sourced outside the jurisdiction may not be taxed under certain conditions

Learn more
Singapore flag icon

Setup time: up to 5 days

Singapore

In Singapore, businesses are most commonly registered as a Private Limited Company (Pte Ltd). This structure is suitable for startups, tech companies, service businesses, and international structures planning to scale.

Singapore offers a clear corporate model, a competitive corporate tax rate, and potential tax incentives for new companies, subject to eligibility criteria

Learn more

Need help choosing a country and setting up a company in Asia?

We help you evaluate your business model, select the right jurisdiction, and understand requirements for registration, payment infrastructure, and accounting support

Your consultant

Ivan Chebotarov

CEO & co-Founder

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Describe your request

    Accounting and reporting for companies in Asia

    After registering a company in Asia, it is important to properly organize accounting, corporate reporting, and compliance with local requirements. We help you understand which reports, deadlines, and support are required specifically for your company, depending on the country of registration, business structure, and operating model.

    Business accounting support

    Order advice

    Annual company audit

    Order advice

    Opening an account and payment solutions in Asia

    After registering a company in Asia, it is important to choose the right payment infrastructure. This directly impacts your ability to accept payments, work with international clients, and scale your business.

    In many cases, at the early stage, the optimal solution is to connect fintech platforms rather than open a traditional bank account. For companies in Hong Kong and Singapore, we help determine the most suitable format based on your business model: payment system, fintech solution, or a traditional bank.

    Fintech solutions (fast setup)

    Payoneer, Airwallex, Wise, and similar platforms enable you to quickly launch incoming and outgoing international payments. This is especially relevant for SaaS, e-commerce, consulting, and service businesses, where speed of setup, flexibility, and working with clients from different countries are critical

    Classic banking

    Bank accounts in Asia may require additional checks, a broader document package, and, in some cases, physical presence or proof of real business activity. This option is suitable for companies with more complex operations, higher volumes, or those planning to build a full banking structure from the start

    Frequently asked questions about doing business in Asia

    Is it possible to open an Asia company remotely?

    Yes, in many cases, a company in Hong Kong or Singapore can be registered remotely. Depending on the jurisdiction and business model, requirements may include a registered address, company secretary, local director, or additional verification documents.

    Can Asian companies be used for international online business (EU/US clients)?

    Yes. Companies in Hong Kong and Singapore are often used for SaaS, e-commerce, consulting, and service businesses that work with clients from Europe, the US, and other countries. These jurisdictions are well-suited for international payments, working with payment systems, and scaling globally.

    What are the taxes for an Asian company?

    The tax burden depends on the country of registration, company structure, and source of income. In Hong Kong and Singapore, corporate tax rates are competitive, and in some cases, tax incentives or specific treatment of foreign-sourced income may apply. The exact tax model should be assessed on a case-by-case basis for your business.

    Is reporting and audit required for an Asian company?

    Yes, after company registration, it is necessary to comply with accounting, corporate reporting, and mandatory filing requirements. The scope of reporting and audit obligations depends on the country, turnover, and company structure, so it’s important to assess these requirements before starting.

    Which Asian country is best for registering an IT or e-commerce business?

    Most commonly, Hong Kong, the UAE, or Singapore is considered for international IT, SaaS, e-commerce, and service businesses. The choice depends on payment infrastructure, tax model, company structure requirements, target clients, and scaling plans.

    Can I open a bank account for a company in Asia?

    Yes, but the format depends on the jurisdiction, business model, and the bank or fintech provider's requirements. In many cases, at the early stage, it is more practical to use payment solutions or fintech services. At the same time, a traditional bank account can be opened later once the business has an operational history.

    Which payment solutions are suitable for companies in Hong Kong and Singapore?

    Depending on the business model, Payoneer, Airwallex, Wise, Stripe, and other payment solutions may be suitable. The optimal choice depends on how the company accepts payments, which countries it operates in, and the type of clients it serves.

    Is a local director or company secretary required?

    This depends on the country of registration. In many cases, a company secretary and registered address are required, and in some jurisdictions, a local director or other elements of local presence are required as well. These requirements are best assessed at the stage of choosing the jurisdiction.

    How long does it take to register a company in Asia?

    Timelines depend on the country, company structure, and speed of document preparation. In many cases, registration in Hong Kong or Singapore takes from a few business days, while connecting a bank account or payment infrastructure may require additional time.

    Didn’t find the answer to your question?

    Your consultant

    Ivan Chebotarov

    CEO & co-Founder

    Telegram
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    WhatsApp

    Describe your case — we’ll suggest the best solution for your business

    We reply within one business day. We’ll advise which country fits your business, what requirements to consider, and how to get started

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        WoBorders is a private consulting company. We are not a government authority and do not provide governmental or administrative services, legalization, or issuance of official documents. The information on this website is for general informational purposes only and does not constitute individual legal or tax advice. Registration terms, processing times, government fees, KYC/AML requirements, and bank account openings are determined by the relevant governmental registries and financial institutions. WoBorders does not guarantee the approval of decisions made by third parties. All prices and timeframes indicated are approximate and may vary depending on the jurisdiction, company type, and selected service package. The actual terms and conditions are specified in the commercial offer or agreement. Certain services may be performed by accredited partners in the respective countries in accordance with local legislation. Personal data is processed in compliance with our Privacy Policy.

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