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Main » Business services » Business setup assistance in Asia
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Business setup assistance in Asia

We’ll help you choose the right country, provide expert consultation, and guide you through every stage of establishing your company

Free consultation
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Remote company formation in Asia

Tailored solution
We help you find the most suitable country for your business according to your goals and requirements
Payment infrastructure
We help open payment accounts in the world’s and Asia’s most popular payment systems
Sofa startup
In most Asian countries, a business can be registered entirely remotely—through online procedures, a power of attorney, or with the support of a local representative. This format enables entrepreneurs to quickly start operations without being physically present in the country
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Advantages of Doing Business in Asia

Personal assistance

Taxation

Opportunity to choose the optimal tax regime. Free movement of capital: no currency controls, funds can be freely withdrawn

Accessibility

Access to markets with a billion-strong audience: China, India, Indonesia, Vietnam

Confidential

In some countries, no public registries exist, and reporting is not required for small businesses

Reliable logistics and infrastructure

Hong Kong and Singapore serve as Asia’s key trade and logistics hubs торгівлі та логістики

Asian countries where we assist with company formation

Timeframes and costs are approximate and depend on the chosen jurisdiction and service package. Final terms are specified in the commercial offer. We assist with document preparation and submission, while the competent authorities carry out the issuance of numbers and access.

Hong Kong

Up to 5 days

Hong Kong

Learn more
Singapore

Up to 5 days

Singapore

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Planning to start a business in Asia?

We’ll help you choose the most convenient country and launch your company smoothly and hassle-free

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Asia Business Registration in 2026

Asia is one of the most attractive regions for company registration in 2026. According to the trusted statistics, the region leads in forming new corporate structures.

The primary reasons are a favorable tax environment, a well-developed financial infrastructure, rapid company registration, and access to global markets.

Among the most popular jurisdictions are Singapore, Hong Kong and the UAE. They offer various formats:
from companies for freelancers and small businesses to financial holdings, IT companies, and e-commerce projects.

What to consider before opening a company in Asia?

Legal form of the future company. The most common type is a Private Limited Company (equivalent to an LLC), which is used in Singapore and HK. In the UAE, the most popular type of company is the Free Zone Company, which allows 100% foreign ownership.

The list of documents required to establish a business structure is usually minimal:

  • passport
  • proof of address
  • a short business model description
  • sometimes, confirmation of the source of funds or a reference letter is also required

In most Asian countries, local directors and secretaries are required to establish a company. In Singapore, at least one local director is mandatory. In the UAE and HK, it is possible to form a structure without resident directors.

Bank account opening and payment solutions for Asian companies

In 2026, opening a corporate bank account in Asia has become significantly easier thanks to digital verification tools (eKYC). In most cases, video identification without physical presence is sufficient. Previously, the bank account opening process was complicated by the need for in-person banking checks in the country of registration.

The most open jurisdictions for business account opening are:

  • The UAE has a high approval rate for account openings, and even for new companies
  • Singapore has a stable banking system, which is convenient for international settlements
  • Hong Kong payment accounts can be opened either at a bank or through a payment system, depending on the industry

Alternatives to banks in Asian countries are payment solutions for business, which are convenient for non-resident owners due to their fast account opening and barrier-free business operations. The most popular payment systems for business in Asia:

  • Airwallex — multi-currency accounts, access to markets in China, ASEAN, Europe, and the US
  • Wise Business (formerly TransferWise) — fast SWIFT transfers and convenient integration
  • Payoneer — solutions for freelancers, marketplaces, and SaaS
  • Statrys, Currenxie — local solutions for HK
  • Wio, Zolve, Fintech Galaxy — fintech alternatives for the UAE

Business taxation in Asia

Tax conditions in Asian countries remain among the most attractive in the world for international business. Most jurisdictions offer reduced tax rates or tax incentives for companies that establish offices in free economic zones (Free Zones) or special regions.

Approximate base corporate tax rates for 2026:

  • UAE — 0% rate in most Free Zones; 9% for companies with profits exceeding 375,000 AED
  • Singapore — introductory rate 17%, but discounts for new companies reduce the effective tax burden to 4–6% in the first years
  • Hong Kong — 8.25% on the first 2 million HKD of profit, then 16.5%. If the company has no profit in HK, no tax is payable

All three countries have Double taxation avoidance agreements with your country. For example, dividends from an HK company are not taxed in HK, while personal income tax and social contributions may be payable locally.

Key points to know before starting a business in Asia

Before registering a company, it’s essential to consider several practical details that may vary depending on the jurisdiction:

  • The UAE has introduced licensing for freelancers and digital businesses. Not all free zones are suitable for every type of activity
  • In Hong Kong, confirmation of the source of funds may be required. This is a standard procedure, but it is essential to be prepared
  • Singapore requires a local director and secretary — this requirement can be bypassed, but it is important to have a legally sound structure from the start

Which businesses are suitable for Asia?

IT companies
Freelance
e-Commerce
FinTech

For optimizing tax burden, easy access to global markets, and convenient interaction with international clients. Asian countries allow for reducing costs and scaling teams without unnecessary restrictions.

To work legally without the need for physical presence. Registering a company in Asia opens access to payment systems, platform contracts, and simplifies income receipt.

An ideal solution for scaling sales to Asian, Middle Eastern, and European markets. Access to warehouses, logistics hubs, and tax incentives greatly facilitates trade operations.

Asia offers a stable legal infrastructure, transparent regulations, and the ability to open accounts in reliable banks that serve clients worldwide.

Get a free consultation on launching your business in Asia

You’ll be answered by

Іван Чеботарьов WoBorders

Ivan Chebotarov

CEO & co-Founder

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We’ll reply within 15 minutes during business hours

    Frequently asked questions about doing business in Asia

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

    The most popular options for IT business registration in Asia are:

    • Hong Kong — ideal for international operations, low tax, stable legal system, possibility of 0% taxation on foreign income
    • Singapore — prestigious jurisdiction, good banking system, strong reputation, simple company administration
    • UAE (Free Zones) — 0%-9% corporate tax. Geographically, the UAE is in the Middle East, but it is often used as a regional hub for Asia
    • Malaysia, Philippines — for physical presence or local market
    Is it possible to open an Asia company remotely?

    Yes, remote business registration is possible in most countries. In Hong Kong, Singapore, and the UAE, complete remote registration is available. Company registration may require a local secretary and registered address; in some cases, virtual presence or an office in a Free Zone is necessary (as in the UAE). Bank accounts are often replaced by fintech solutions (Wise, Airwallex, Payoneer).

    What are the taxes for an Asian company?

    Like Europe, Asia offers low-tax jurisdictions and benefits convenient for foreign businesses. HK: 8.25%/16.5%, or 0% for income sourced outside HK; Singapore: 17%, with possible partial tax exemptions for new companies. UAE (Free Zones): 0%–9%. Dividend tax rates in these countries are also 0%.

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

    Yes, especially Hong Kong and Singapore are designed for this. These countries enable fully remote business operations. HK does not tax profits arising outside its territory.

    Is reporting and audit required for an Asian company?

    Generally, each country has its own rules. In HK, annual audits are mandatory but often formal. In Singapore, annual reporting is required, and an audit is only required after a certain threshold of turnover is reached. In UAE Free Zones, only basic reporting is often required. These processes are not complicated if you have reliable accountants and auditors who can fully handle these tasks.

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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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