Your international window. Right next door.
For Mainland China founders and entrepreneurs, a Hong Kong company is the most natural and powerful structure to access global markets, receive USD payments, and operate internationally — without capital control restrictions.
8 reasons why Mainland founders choose HK.
Hong Kong offers unique advantages that no other jurisdiction can match for Chinese founders expanding internationally.
No Capital Controls
Move funds freely between your HK account and global accounts. No SAFE approval, no quota limits, no CNY conversion restrictions.
USD Business Account
Receive client payments in USD, EUR, and other currencies without forced conversion. Hold balances in any currency.
Common Law Legal System
HK uses English common law — the standard for international contracts. Your HK company is recognized and trusted worldwide.
Global Credibility
International clients and suppliers are comfortable contracting with Hong Kong entities. More credible than a Chinese WFOE for global trade.
Offshore Tax Exemption
If your customers and operations are outside HK, apply for the offshore profits tax exemption — 0% profits tax on offshore income.
Access to China
A HK entity provides a bridge into Mainland China — CEPA agreements give HK companies preferential access to the Chinese market.
One-Person Company
One shareholder, one director — both can be the same person. 100% owned by a Mainland Chinese national without restriction.
Simple Annual Compliance
Annual return, company secretary, registered address. No complex Mainland-style inspections or annual audit for small companies.
Receive USD, pay in RMB — with no SAFE restrictions.
One of the biggest challenges for Mainland entrepreneurs is receiving and holding USD. Through Airwallex, your HK company opens a multi-currency account that holds USD, EUR, HKD, and CNH (offshore RMB) — completely outside China's capital control framework.
- Hold USD, EUR, HKD, CNH separately
- Pay Mainland suppliers in CNH/RMB
- Receive international client payments via SWIFT
- No SAFE approval — no $50,000/year quota
- Visa business card for international purchases
Mainland founder questions, answered.
Can a Mainland Chinese national own a Hong Kong company?
Yes. There are no nationality restrictions. A PRC national can be the 100% shareholder and sole director of a Hong Kong private limited company without any restriction or quota.
Do I need to report my HK company to Chinese authorities?
Chinese residents are generally required to report overseas company ownership to SAFE (State Administration of Foreign Exchange) under the ODI (Overseas Direct Investment) framework. We recommend consulting a cross-border tax advisor for your specific situation.
Can I open an Airwallex account with a Mainland China passport?
Yes. Airwallex accepts Mainland Chinese passports for director KYC. The business account is opened under the Hong Kong company — not subject to China's capital control rules.
What documents do I need to incorporate?
A valid PRC passport (certified copy), proof of residential address in Mainland China (utility bill or bank statement less than 3 months old), and your company's intended business activities. All submitted remotely through our onboarding platform.
Go deeper — read our expert guides
Your global business. Launched from Hong Kong.
USD 2,290. Operational in 3–5 days. 100% remote for Mainland founders.