If you’re a dropshipper or eCommerce entrepreneur, registering a Hong Kong company can offer significant benefits, from lower taxes to better payment solutions. Many European dropshippers struggle with high corporate taxes, limited banking options, and complicated regulations in their home countries.
Let’s explore why setting up a Hong Kong company is the best choice for your eCommerce business.
1. Save Thousands in Taxes Compared to European Countries
One of the biggest reasons to register your business in Hong Kong is its business-friendly tax system. Here’s how it compares to some major European countries:
Why is Hong Kong’s Tax System Better for Dropshippers?
✅ No VAT / Sales Tax – Unlike Europe, you don’t have to charge customers VAT, which makes your prices more competitive.
✅ Only 8.25% Tax – For profits up to HK$2 million (~€235,000), your tax is just 8.25%, and beyond that, it’s 16.5%, still lower than most European countries.
✅ No Capital Gains Tax – You don’t pay tax when selling company shares or reinvesting in your business.
✅ No Tax on Offshore Profits – If your sales and customers are outside Hong Kong, you can apply for offshore tax exemption, meaning you may pay zero corporate tax.
2. Better Payment Processing with an Airwallex Account
One of the biggest challenges for European dropshippers is finding a reliable, low-cost payment solution. Many banks and payment providers in Europe charge high fees and hold payments for long periods, affecting cash flow.
At OneClick, we help you open an Airwallex business account to handle your payments with ease.
Why Use Airwallex for Your Hong Kong Company?
✅ No Need to Visit Hong Kong – We set up your account completely online.
✅ Multi-Currency Accounts – Receive and send money in USD, EUR, GBP, HKD, and more without high conversion fees.
✅ Lower Fees Than PayPal, Shopify payment and Klarna – Up to 90% cheaper than traditional banks.
✅ Instant Transfers – Move money easily between your Airwallex wallet and your business bank accounts.
✅ Issue Virtual & Physical Cards – Use Airwallex cards for ad spend, supplier payments, and Shopify transactions.
3. Shopify Integration & Lower Transaction Fees
If you’re running a Shopify store, a Hong Kong company gives you more control over payments and lower fees.
Why is a Hong Kong Company Better for Shopify?
✅ Easier PayPal, Shopify payment and Klarna Approvals – Many dropshippers struggle to get approved for payment gateways in Europe due to strict regulations. Hong Kong companies face fewer restrictions and have higher acceptance rates.
✅ Cheaper Fees Than European Banks – Airwallex and Hong Kong business accounts charge lower transaction fees than traditional EU payment processors.
✅ Faster Payouts – No long holding periods—funds are available faster, improving cash flow.
Many large Shopify sellers and Amazon FBA businesses register in Hong Kong to avoid high fees and restrictions in their home countries.
4. Global Business Credibility & Trust
A Hong Kong-registered company builds trust with both suppliers and customers.
✅ Chinese Suppliers Prefer Hong Kong Companies – Many suppliers trust Hong Kong businesses more than offshore companies because of its legal and financial stability.
✅ Easier Contracts & Bulk Orders – Having a registered business makes it easier to negotiate better deals with manufacturers.
✅ More Trust from Customers & Payment Providers – Customers are more likely to trust an HK-based company than a personal or offshore account.
5. No Foreign Ownership Restrictions
Unlike some countries that require local partners, Hong Kong allows 100% foreign ownership.
✅ Full Control Over Your Business – You own 100% of your company with no local shareholders required.
✅ No Local Director Required – You can operate your business from anywhere without hiring local employees.
6. Easy Compliance & No Annual Surprises
Hong Kong has a simple and predictable compliance system, unlike Europe, where businesses face constant tax changes and unexpected audits.
✅ No complex reporting – Just one annual filing to maintain your company.
✅ Clear tax rules – No unexpected VAT calculations or government-imposed restrictions.
✅ Cost-Effective Accounting – Hong Kong accountants charge less than European firms for tax filing and bookkeeping.
How OneClick Helps You Set Up a Hong Kong Company
We make the entire process simple—you don’t need to visit Hong Kong or handle any complex documents.
Our Services Include:
✅ 100% Online Company Registration – We handle all paperwork remotely.
✅ Business Bank Account Setup – Get an Airwallex account for easy transactions.
✅ Tax & Compliance Support – We ensure your company stays compliant without hassle.
✅ Payment Gateway Setup – We help you integrate PayPal, Shopify Payment and Klarna seamlessly.
Start Your Hong Kong Company Today with OneClick!
If you’re a dropshipper or eCommerce entrepreneur, registering a Hong Kong company is the best way to reduce taxes, lower payment fees, and grow globally.
With OneClick, you can set up your company 100% online, open an Airwallex business account, and start selling worldwide without restrictions.
🔹 Ready to take your eCommerce business to the next level?
📩 You can now schedule an online meeting with us to learn more about our services. Book a time that works for you here: Zoom Meeting Link.
