List of articles
Step-by-step process to open a travel company in Thailand 2025 (AZ)
The strong development of the tourism industry and the open foreign investment policy have turned Thailand into an attractive market for businesses wishing to expand operations in the fields of travel, hotels and tourism services.
Detailed instructions for registering an EIN number for a company established in the US (2025)
When Vietnamese businesses want to expand their operations to the US, one of the first questions often asked is: “How can my company operate legally, open a bank account and pay taxes in the US?”
What is the BRN number in Hong Kong? Registration and search guide for foreign enterprises
The company is planning Incorporating a company in Hong Kong, but do not clearly understand the necessary legal procedures, especially the BRN (Business Registration Number), one of the mandatory requirements when a business starts operating in Hong Kong.
Mastering the registration steps and complying with legal regulations not only helps businesses operate legally, but also creates a solid foundation for building credibility with partners, customers and management agencies.
In this article, GLA will provide detailed instructions on the role, registration process and how to look up and use BRN codes in Hong Kong, helping businesses to fully prepare and operate effectively right from the initial stage of establishment.
1. What is the BRN code in Hong Kong?
The BRN (Business Registration Number) in Hong Kong is a business registration number automatically issued by the Inland Revenue Department (IRD) after a business completes its business registration procedures.
Each enterprise has only one unique BRN code, consisting of 8 digits clearly stated on the Business Registration Certificate (BRC). This is the legal identification code of the enterprise in all administrative, accounting and tax activities in Hong Kong.

Business registration certificate with BRN number in Hong Kong
Transition to UBI system – BRN becomes unique identifier
From December 27, 2023, the Hong Kong Government officially implemented the UBI system (Unique Business Identifier) to standardize business identification in administrative, tax and legal transactions.
- Current BRN number automatically become UBI, play a role unique identifier for businesses throughout the administrative and tax system.
- Other identifiers, such as CRN (Company Registration Number), are linked or merged with BRN/UBI, helping eliminate duplication and confusion.
- Business & Investment No need to re-register or change BRN, this code is still used in all administrative transactions, tax returns and legal contracts.
2. Why do businesses need to register for a BRN number in Hong Kong?
The BRN number is not only a mandatory administrative procedure, but also a legal key to help businesses operate legally, transparently and effectively in Hong Kong.
1. Confirm the legal status of the enterprise
Possessing a BRN code helps businesses be legally recognized by the Hong Kong government and qualified to conduct business activities in Hong Kong.
- Sign contracts, commercial agreements and transactions with partners.
- Open a Hong Kong corporate bank account.
- Register an office or business location in Hong Kong.
- Recruit and sign labor contracts with staff.
2. Mandatory legal compliance obligations
Registration of a BRN or UBI number is a mandatory legal requirement for all businesses operating in Hong Kong, as stipulated in the Business Registration Ordinance (Business Registration Ordinance – Cap. 310).
- Complete BRN registration procedures within 01 month from the date of commencement of business operations.
- Renew the Business Registration Certificate (BRC) on time to maintain legal validity.
- Update information with the Hong Kong Inland Revenue Department (IRD) when there is a change in name, address, industry or form of organization.
- Use the BRN code in all administrative and tax transactions, including tax declaration, tax payment, audit and related procedures.
3. Tax management and accounting obligations
The BRN number is the basis for the Hong Kong Inland Revenue Department (IRD) to monitor and manage a business's tax obligations. Businesses need to use the BRN number in all tax transactions, including:
- Declare turnover, profits and deductions as prescribed by the Inland Revenue Ordinance (Cap. 112).
- Pay Profits Tax and other taxes through IRD's electronic system.
- Provide BRN codes in financial statements, audit files and annual tax returns.
- Synchronize accounting and tax information with other management agencies.
Note: Businesses without a valid BRN will not be able to complete their tax return or apply for a tax refund, and may be subject to penalties as prescribed by IRD.
3. How is the BRN code different from the CRN (Company Registration Number)?
BRN (Business Registration Number) and CRN (Company Registration Number) once used in parallel in Hong Kong for various management purposes.
However, from December 27, 2023, the code CRN only exist in archives, while BRN become the official identifier used in all administrative, tax and legal transactions.
| Criteria | BRN | CRN |
| Purpose | Business registration, tax management services. | Register to establish a company, establish legal status. |
| Object | All types of businesses, including companies, branches, sole proprietorships and multinational corporations. |
Companies incorporated under the Companies Ordinance:
|
| Format | 8 digits, appears on the Business Registration Certificate. | Company number shown on the Certificate of Incorporation, including letters + numbers. |
| Time of registration | Enterprises must register within 1 month from the date of commencement of business operations. | Upon company establishment, it is automatically granted upon filing at the Companies Registry. |
| The state after UBI (December 27, 2023) | Become a unique identifier (UBI) in administrative transactions. | Still exists but only for internal storage, no longer in official use. |
GLA provides comprehensive consulting services on Hong Kong company establishment procedures and BRN/UBI codes for Hong Kong businesses, ensuring valid documents and compliance with the latest UBI system regulations.
4. Which businesses need to register for a BRN number in Hong Kong?
All individuals/businesses conducting business in Hong Kong, regardless of whether they are domestic or foreign companies, are required to register for a BRN number. According to Circular No. 3/2023 of the Companies Registry.
- All companies and organizations are regulated by the Companies Registry. – including limited liability companies and other organizations under the management of this Agency.
- Companies and organizations that were established or registered before December 27, 2023 – Although there is no need to re-issue the Certificate of Incorporation, Certificate of Registration, etc. to replace the CR No. with a BRN, a Hong Kong company must still use the BRN as its primary identifier in transactions with the Companies Registry.
- Companies and organizations granted Certificates after December 27, 2023 – required to use BRN as "No." on certificates instead of current CR No.
- Organizations engaged in administrative transactions with the Business Registration Authority – must use BRN instead of CR No. when filling in forms and documents submitted to the Business Registration Office.
What will businesses face if they do not comply with the BRN code regulations?
Hong Kong businesses that fail to comply with the BRN regulations in Hong Kong may face serious legal consequences, including:
- Fines up to HK$5,000 and may be imprisoned for up to 1 year.
- Having difficulty in financial transactions, opening a bank account or cooperating with partners due to lack of necessary legal documents.
- Recorded in corporate governance records, affecting operational reputation and ability to participate in incentive programs in Hong Kong.
5. How to register a BRN code when establishing a new company in Hong Kong
Below are the basic steps that new businesses should know when registering for a BRN number to register a business in Hong Kong:
Step 1: Prepare company registration documents
Enterprises need to prepare complete legal documents to register the company with the Companies Registry, including:
- Company name (English/Chinese).
- Head office address in Hong Kong.
- List of shareholders/directors
Step 2: Submit application for Hong Kong company establishment
Enterprises submit applications for company registration and business registration in Hong Kong through the Companies Registry system. The application must include the following documents:
- Application for company establishment (Form NNC1).
- Articles of Association.
- List of directors and shareholders.
- Registered address and company secretary information.
- Pay the company registration fee as prescribed in Hong Kong.
GLA supports businesses in establishing a company in Hong Kong with a complete package including preparing and submitting all legal documents, providing company secretarial services, and renting an office quickly and legally in accordance with Hong Kong regulations.
Step 3: Verify and activate BRN code
Once the company registration application is approved, the business information is transfer to the Hong Kong Inland Revenue Department (IRD) to issue a BRN number.
- BRN code is automatic leveling and activation khi BRC Business Registration Certificate issued.
- Businesses can check their BRN code through the IRD lookup system.
Step 4: Receive completed documents and handover
After the application for company establishment in Hong Kong is approved and the fee is paid, the enterprise will be handed over a complete set of valid legal documents, including:
- Certificate of Incorporation – issued by Companies Registry.
- Business Registration Certificate (BRC) – issued by IRD, showing code number BRN.
- Company charter, list of shareholders, directors and company secretary.
6. Renewal and change of BRN number in Hong Kong
6.1 BRN code renewal
The BRN number in Hong Kong is valid for a certain period of time and needs to be renewed to maintain the legality of the business in doing business in Hong Kong.
- The Hong Kong Inland Revenue Department (IRD) will send notice of extension to the registered address of the business first 2-3 weeks when the Business Registration Certificate is about to expire.
- The enterprise must notify IRD in writing within 1 month from the date of expiry of the Certificate, if it does not receive a notice from IRD.
Enterprises can renew their BRN codes through the following methods:
- Online: Log in to your eTAX account to download your renewal notice and pay online.
- By mail: Send a copy of the expiring Business Registration Certificate, together with the payment voucher made out to "The Government of the Hong Kong Special Administrative Region" to the Business Registration Office.
- Direct: Go to the Business Registration Office in Hong Kong, along with a copy of your current Business Registration Certificate to submit your application and receive a new renewal notice.
6.2 Change information related to BRN code
When there is changes in business information, you need to notify in time to update the BRN code.
- Update registered office address: Send written notice or use IRC Form 3111A within 1 month of the date of change.
- Update business name: Send written notice or use IRC Form 3110A within 1 month of the date of change.
- Update business type: Send written notice or use form IRBR 193 within 1 month of the change.
Note from GLA: Updating information on time helps businesses maintain legality, avoid the risk of penalties and ensure all administrative and tax transactions go smoothly.
7. Common mistakes when registering BRN code in Hong Kong
1. Do not register BRN for foreign companies operating in Hong Kong.
Some foreign businesses believe that simply registering in their home country is sufficient, but All businesses in Hong Kong are required to have a BRN., even if the company does not have a permanent representative office in Hong Kong, resulting in:
- Illegal activities, resulting in administrative penalties.
- Unable to open a bank account in Hong Kong or conduct legal transactions.
- Encounter legal risks when signing contracts in Hong Kong.
For example: A US trading company opens a representative office in Hong Kong to introduce its products. The company does not register its BRN. When the IRD inspects the representative office, it is fined and forced to complete the BRN registration procedure before it can continue to operate legally.
2. Registering BRN too late after company establishment
Some businesses, after completing the procedures for establishing a company in Hong Kong, Delay in BRN registration, due to not understanding the regulations or thinking that it can be done after starting the operation.
"Starting operations" does not necessarily mean having revenue, as long as the business has any business activities (sending commercial emails, signing contracts, opening bank accounts, renting offices, etc.), the business needs to register for a BRN code within 1 month.
Late BRN registration may result in the following consequences:
- Administrative fine due to violation of registration deadline regulations.
- Unable to file taxes on time, affecting financial obligations and business reputation.
- Disruption in transactions with banks, partners, due to lack of valid identification code.
- Fine up to HK$5,000 (about US$640) per violation.
- Prison up to 1 year if prosecuted.
For example, a Singapore-based technology company opened a Hong Kong branch on June 1 but did not register its BRN until September. During that time, the company signed a contract with a partner and opened a bank account. When the IRD inspected the company, it was fined for operating without a BRN and was required to pay the fine and complete the registration before continuing trading.
3. Failure to fulfill legal obligations after obtaining BRN
Some businesses believe that having a BRN number is enough to operate in Hong Kong, but in reality, BRN is just the beginning of the compliance process.
After being granted a BRN, the enterprise must still fully perform the mandatory obligations as prescribed by tax authorities and the government.
- Submit annual return.
- Pay taxes (Profits Tax, Employer's Return).
- Maintain corporate secretary.
For example, a financial services company in Hong Kong was granted a BRN in March but did not file its first tax return as required by IRD. In September, the company was issued a penalty notice and required to file additional tax returns and pay an administrative penalty for breaching its post-registration legal obligations.
GLA provides services corporate secretary in Hong Kong, helping businesses fully comply with legal obligations after being granted a BRN, including filing annual reports, tax declarations and maintaining up-to-date company records.
8. How does GLA support businesses to register BRN codes in Hong Kong accurately and legally?
GLA supports businesses to register BRN (Business Registration Number) in Hong Kong accurately and legally through:
- Clear advice on legal procedures and requirements: Detailed explanation of BRN, its importance and regulations of Hong Kong Inland Revenue Department (IRD).
- Support, companionship open company in Hong Kong Full package from A to Z from choosing business name, office address, appointing secretary, director, shareholders of Hong Kong company
- Representative submits application directly to IRD: Ensure that the application is submitted in the correct form and according to current legal standards.
- Track the progress of your application: GLA updates registration status and provides additional support if requested by IRD.
- Receive and deliver Valid Business Registration Certificate for the business.
- Check BRN information publicly on the IRD system to ensure the code is officially activated.
- Guide for businesses using BRN in invoices, contracts and tax obligations to comply with Hong Kong law.
- Support for renewing or updating BRN information when there are changes in business operations.
10. Frequently asked questions when registering a BRN number for a company in Hong Kong
1. Does the BRN match the company's Tax ID?
Yes. In Hong Kong, Tax ID (tax code) of the business is TIN (Tax Identification Number), and TIN is identified by the BRN (Business Registration Number) code issued by the Hong Kong Inland Revenue Department (IRD).
When a business registers for BRN, this code will be used as official tax code in the entire tax administration system, including tax declaration, corporate income tax payment, auditing and other administrative transactions.
2. Can I use BRN to open an international bank account?
Yes. BRN code one of required documents when businesses open an international bank account in Hong Kong. Banks, including HSBC, Citibank, Standard Chartered, Bank of China – typically require:
- Business Registration Certificate (BRC)
- BRN number included on BRC
- Information of directors, shareholders, company address
3. If the company ceases operations, will the BRN be cancelled?
When a business ceases operations or dissolves, the BRN is not automatically cancelled, but the business must carry out legal procedures to close or cancel the BRN.
- Notification to IRD: When a company decides to cease operations, it must file a notice of termination of business with IRD.
- Complete tax obligations: Businesses must file final tax returns, pay taxes owed, and handle related obligations.
- Cancel BRN: Once IRD confirms that the business has fulfilled its tax obligations and ceased operations, the BRN will be closed and no longer valid.
4. Can I apply for BRN online from abroad?
Yes, foreign enterprises can absolutely Register for BRN via GovHK portal or through authorized representative in Hong Kong.
Note: Must prepare full documents as required by IRD, including company documents, director/shareholder information, registered address.
5. What language is used for the BRN registration application?
Applications for BRN registration in Hong Kong must be submitted in English or Chinese.
Note: All official documents must be accompanied. notarized translation if using a language other than English or Chinese.
- BRN (Business Registration Number) is a business identification code issued by IRD, consisting of 8 digits recorded on the BRC Business Registration Certificate.
- From 27 December 2023, BRN will become a unique identifier for all businesses in Hong Kong.
- BRN registration is mandatory and must be completed within 1 month of commencement of operations.
- BRNs need to be renewed periodically and updated when the name, address or form of business changes.
Corporate Income Tax in the US: Structure, Rates and Regulations
The corporate income tax system in the US is one of the factors that overwhelms many foreign businesses right from their first year of operation.
When establishing a company in the US, businesses must simultaneously comply with two levels of taxes – federal tax and state tax. It is worth noting that each state applies different tax rates, calculation methods and exemption policies, making tax declaration and payment a difficult task.
Without understanding how this system works, businesses can easily pay higher tax rates than necessary, lose valid deductions, or be subject to additional taxes or administrative penalties.
In this article, GLA will help you understand the big picture of Corporate income tax in the US in 2025, along with bottom line It is important to note that businesses need to operate effectively and comply with regulations.
1. The corporate income tax system in the US
1.1 What is corporate income tax in the US?
Corporate Income Tax in the US is the tax that businesses must pay for federal government , and state government, based on net profit after deducting valid business expenses such as employee salaries, operating costs, etc.
Corporate income tax is a mandatory legal obligation for businesses operating in the United States, including domestic and foreign businesses with income arising in the United States.
1.2 What is the current corporate income tax rate in the US?
Businesses in the US are required to comply with the corporate income tax system. multi-layered, applied simultaneously at the federal tax and state tax levels.
Federal level:
Federal corporate income tax is administered by the Internal Revenue Service (IRS), at a rate of fixed 21%, effective beginning in 2018 under the Tax Cuts and Jobs Act.
Previously, the highest federal tax rate was 35%, reducing it to 21% helps the US attracting foreign investment, while increasing global competitiveness.
This adjustment has brought the US corporate tax rate down to a more competitive level compared to many other countries.
State level:
Each state in the US has the right to set its own corporate income tax, independent of federal tax and not subject to IRS management.
- 44 states apply tax rates ranging from 1% to more than 10%, depending on the specific regulations of each state.
- Some states like Nevada, South Dakota, Texas, etc. no corporate income tax, but other taxes such as sales tax and franchise tax apply.
2. Federal Corporate Income Tax for each type of company in the US
The federal corporate income tax system in the United States is designed flexibly to suit each type of business. Depending on the legal structure, each model will have different ways of calculating and paying taxes:
2.1 C-Corporation (C-Corp) Business Model
C-Corp is the only type of business entity in the US subject to direct corporate income tax at the corporate level.
Businesses must pay taxes on profits after deducting eligible expenses, before distributing them to shareholders. Tax obligations for C-Corp include:
- Tax declaration by form Form 1120 (US Corporation Income Tax Return) with the IRS.
- Pay federal corporate income tax with 21% flat tax rate.
- Pay state corporate income tax according to the regulations of the state where the company is registered.
- Pay additional local business taxes if the city or county where you operate has specific regulations.
Note: Businesses may be taxed twice (double taxation) – once in corporate level, once when shareholders receive dividends, which could result in the actual total tax liability exceeding 30%

2.2 S-Corporation (S-Corp) business model
S-Corp businesses enjoy a special tax regime, not subject to federal income tax at the corporate level (meaning the business does not have to pay 21% tax like a C-Corp).
- Allocation mechanism:S-Corp passes all income, losses, deductions and credits to shareholders in proportion to ownership.
- Tax declaration responsibility: Each shareholder must report the income received from the S-Corp on their personal income tax return.
- Applicable tax rates: The personal income of each shareholder is taxed under the pass-through tax mechanism.
Note: The S-Corporation type of business is only allowed for individuals who are US citizens and permanent residents in the US. Foreign investors will not be able to establish a company in the US under this type.
To qualify to operate under the S-Corp model, a business must meet the following two conditions:
- Limit on the number of shareholders under 100 people.
- Ensure all shareholders are US citizens or permanent residents.
2.3 Limited Liability Company (LLC) business model
LLC is a type of business with a flexible tax mechanism, often chosen by small and medium-sized businesses when establishing a company in the US. In principle, LLCs are not subject to corporate income tax, unless the business voluntarily registers to be taxed as a C-Corp.
For a 1-member LLC, a US business needs:
- Declare all income , and cost of the business on the owner's personal tax return by April 15 each year.
- Conduct reporting of foreign owner information through BOI report (Beneficial owner information report).
For LLCs with 2 or more members:
The IRS considers this a type of partnership, however the company will not be subject to corporate income tax, instead each member will declare and pay personal income tax based on capital contribution or profit ratio divided within the company.
Businesses need to send tax return information regarding profit allocation by March 15th of each year, and each member will receive a Schedule K-1 to file with their individual tax return, due by April 15th.
GLA supports and advises businesses in determining the type of US company, optimizing income tax in the US during business operations, helping businesses operate their companies in the US effectively and sustainably.
2.4 How to calculate federal taxable income in the US
There is no single formula for calculating federal corporate tax in the United States that applies to all types of businesses.
Each model such as C-Corp, S-Corp, LLC has different tax calculation and filing methods depending on the IRS tax classification.
However, to determine the amount of corporate income tax payable, the following general formula can be used to calculate federal taxable income:
Taxable income = Total revenue – Eligible expenses – Tax deductions – Tax incentives
- Gross Income: Includes all sources of income such as sales, services, investments, interest, royalties, dividends, etc.
- Deductible Business Expenses: Allowable deductions include salaries, office rent, advertising costs, depreciation, legal fees, etc.
- Tax Deductions: Special deductions such as medical expenses, charitable contributions, student loan interest (applies to individuals or small businesses).
- Tax Credits: Direct tax reductions, such as R&D tax credits, clean energy credits, and special employment credits.
Note: The formula is commonly applied to the C-corp model, but can be adjusted to better suit LLCs and S-Corps depending on the chosen business taxation method.
3. State Corporate Income Tax
Unlike federal corporate income tax, state corporate tax in the US is very diverse, with different rates and regulations from state to state.
3.1 States subject to US corporate income tax
The corporate income tax rate for each state in the US depends on type of company , and state-specific regulationsSome states apply a flat tax rate to all corporate income, while others use a progressive tax system with different tax brackets.
44 states Applying corporate tax rates in the US, here are 12 popular states that apply state-level corporate income tax rates.
| State | CIT rate 2025 | Income taxes |
| Alaska | 0% –9,4% |
|
| California | 8.84% | Applies to all income |
| Colorado | 4.4% | Applies to all income |
| Delaware | 8.7% | Applies to all income |
| Florida St | 5.5% |
|
| Georgia | 5.39% | Applies to all income |
| New Hampshire | 7.5% | Applies to all income |
| New Mexico | 5.9% | Applies to all income |
| New York | 6.5% –7.25% |
|
| North Carolina | 2.25% | Lowest in the US |
| Oregon | 6.6% –7.6% |
|
| Washington, D.C. | 8.25% | Applies to all income |
3.2 States that do not pay US corporate tax
Currently, there is only 2 states in the US do not apply any type of corporate tax, including:
- South Dakota.
- Wyoming.
These two states no collection both corporate income tax and gross sales tax (gross receipts tax). This helps businesses operate here. significantly reduce the tax burden, increase profitability and attract new investment.
The resort North Carolina also announced the roadmap completely abolish Corporate income tax before 2030, promises to become the third state to join the “no corporate tax” group.
Some states do not impose a corporate income tax, but instead levy a gross receipts tax — a tax on total revenue (regardless of profit or loss). Specifically:
| State | Applicable tax type |
| Nevada | Gross Receipts Tax |
| Ohio | Gross sales tax |
| Texas | Franchise Tax |
| Washington | Gross income tax (Business & Occupation Tax) |
However, experts say that gross sales tax is often disadvantageous for businesses, as it can lead to "tax pyramiding" and has a heavier impact on businesses with low profit margins.
4. Who must pay provisional corporate income tax in the US?
Businesses in the US are required to make quarterly provisional corporate income tax payments based on their estimated profits for the year. This is a mandatory requirement from the federal tax agency (IRS) and many states.
- C Corporation: Is a type of company that is directly taxed. If the company is expected to pay from $500 or more During the year, quarterly tax payments must be made to the IRS.
- S Corporation: No direct corporate tax, but shareholders must provisionally pay personal tax if their corporate income exceeds a certain threshold.
- LLC: Must pay provisional corporate tax if taxed as a C-Corp, or provisional personal tax if it is a pass-through entity and has significant income.
The US Internal Revenue Service (IRS) specifies four interim payment periods: April 15, June 15, September 15, and January 15 of the following year. Late payment may be subject to penalties and interest according to IRS regulations.
GLA assists US businesses in calculating and making quarterly income tax payments, ensuring compliance with IRS regulations and optimizing tax obligations.
5. Employment Taxes in the US
In the United States, every business has employees, including foreign companies with workers in the US - must fulfill the obligation to pay employment tax (Employment Taxes).
This is a compulsory tax, calculated on the income that businesses pay to employees, including the deductions from employee wages and corresponding contributions from the business side.
Businesses need employee income declaration by submitting:
- Form W-2 for full-time employees
- Form 1099-NEC for independent contractors
Taxes deducted must be reporting and depositing with the IRS through Form 941 (quarterly) or Form 940 (annual).
Businesses can choose to submit applications. paper copy or send online through the IRS e-file system.
Common employment taxes that businesses in the US must pay include:
- Federal Income Tax: direct deduction from employee salary.
- Federal Insurance Contributions Act (“FICA”) tax: includes Social Security and Medicare taxes.
- Federal Unemployment Tax Act (“FUT”A): paid by enterprises to support the national unemployment insurance fund.
- State Unemployment Tax Act (“SUTA”): depending on the regulations of each state.
6. Declare and pay corporate income tax for US companies
In addition to tax obligations, businesses must comply with periodic reporting requirements at the state level to maintain legal status and avoid dissolution.
Annual Report and State Requirements
In addition to federal tax filing obligations, businesses in the United States must comply with annual reporting requirements at the state level to maintain legal operating status.
This requirement includes updating basic company information with the Secretary of State's Office.
- Names and contact information of directors/members/owners.
- Name of Registered Agent.
- Residential address of directors or members of the company.
Note: Depending on the state, annual reports may be annual or biennial.
7. How does GLA support businesses in complying with and optimizing corporate income tax in the US?
Any business operating in the US must comply with the multi-layered tax system and periodic reporting regulations to maintain a valid legal status in the US. GLA understands and accompanies businesses in ensuring compliance and optimizing corporate income tax obligations in the US through the following solutions:
- Consulting and choosing the right type of company in the US for your company: C-Corp, LLC.
- Support set up company in usa, register for a business license and rent office address in the states.
- Advise and prepare timely federal, state and local corporate income tax returns, including Sales Tax.
- Support quarterly tax filing, ensure IRS compliance and optimize tax obligations.
- Providing accounting services according to US GAAP standards, including monthly/annual financial reporting and preparation of audit documents.
- Support open a bank account in the US: physical bank account, digital bank.
- Consulting on procedures and registration documents on e-commerce platforms such as Walmart and TikTok Shopping.
- Timely updates and advice on changes in tax laws and business regulations, helping you proactively adjust your strategy when doing business in the US market.
8. Frequently asked questions about corporate income tax in the US
1. Can I pay US corporate income tax from abroad?
Businesses can absolutely pay US corporate income tax, without having to be physically present in the US to pay taxes. The IRS allows remote tax payment through the following methods:
- EFTPS (Electronic Federal Tax Payment System): Businesses log in online and pay taxes directly to the IRS.
- Authorized tax agent or accountant: Enterprises can authorize an agent to declare and pay on their behalf.
- International Payments: Some cases may be subject to IRS-accepted international bank payments.
GLA supports businesses in the US to fully fulfill their tax obligations, helping the tax payment process take place quickly and in compliance with IRS regulations.
2. Is income from foreign activities taxed in the US?
Yes. US-resident businesses are generally required to report worldwide income. However, there are tax treaty exemptions and foreign tax credits.
3. Do I need to hire an accountant or tax agent when filing corporate taxes in the US?
Not required, but recommended. The US tax system is complex, multi-layered, with many forms and regulations that change frequently. Hiring a CPA (Certified Public Accountant) or tax agent helps:
- Submit on time, correct form
- Tax cost optimization
- Avoid the risk of penalties or audits from the IRS
GLA advises and supports businesses in choosing suitable tax solutions in the US, helping businesses pay taxes accurately, legally and most cost-effectively.
4. Is corporate income tax the same as employment tax?
Not the same, these are two completely different types of taxes in nature, subject of application and calculation.
- Corporate Income Tax: Calculated on the net profit of the business after deducting eligible expenses
- Employment Taxes: Taxed on employee wages and contributed or deducted by the business
- The corporate income tax system in the US is divided into two levels: federal tax and state tax.
- The current federal corporate income tax rate is 21%, applied uniformly to all types of companies in the US.
- Different business models (LLC, S-Corp, C-Corp) are taxed differently.
- Foreign enterprises with business activities, representative offices or income sources in the US must declare and pay corporate income tax according to IRS regulations.
- GLA supports businesses in fulfilling their tax and accounting obligations in the US, ensuring compliance with IRS regulations, optimizing costs and maintaining legal and effective operations.
What is a UEN (Unique Entity Number)? A detailed guide for businesses in Singapore
“We have prepared all the documents, but the bank still refused to open an account in Singapore.” – this is a common situation for newly established businesses in Singapore. The reason is not because of missing documents, but because of not understanding the UEN (Unique Entity Number) code – a mandatory identifier for all organizations in Singapore.
In this article, GLA will help businesses understand: what is the Singapore UEN code, why it is important, and how to look up and use UEN effectively to help businesses operate smoothly right from the start.
Singapore Dependant's Pass: Conditions, benefits & detailed procedures
If you are working in Singapore with an Employment Pass (EP), S Pass or EntrePass, you probably want to bring your spouse and children to live with you to stabilize your family life. The main solution is the Singapore Dependant's Pass issued by the Ministry of Manpower (MOM).
Setting up an AI company in Japan (2025): A detailed guide
Japan is becoming an ideal destination for international technology and artificial intelligence (AI) businesses. Not only attracting giants such as OpenAI, Anthropic, Microsoft, SoftBank, but also Vietnamese businesses such as FPT Software, CMC Technology are expanding strongly in Tokyo. With urgent demand for automation, support from the government and a potential market, Japan opens up great opportunities for AI companies wanting to assert their position in Asia.
If you are looking for How to set up a company in Japan to do technology business (AI)This article will provide a comprehensive overview from legal conditions, costs, procedures to special advantages when doing AI business in Japan.
1. Why is Japan attractive to technology and AI companies?
Market demand
Japan is facing one of the biggest challenges of the 21st century: a rapidly aging population and a shrinking workforce. This is a national problem that Japanese businesses, government and society must find a way to solve.
In that context, AI has become a strategic solution to automate, optimize processes and reduce dependence on traditional human resources. This urgent need has opened up a large market for international technology companies.
Advanced technology environment
Japan is globally renowned for its strengths in robotics, IoT, and smart manufacturing. Its tech ecosystem is increasingly integrating AI into areas such as manufacturing, finance, logistics, healthcare, and self-driving cars.
This is a favorable platform for international AI companies to cooperate, test and deploy products right in a highly applicable market.
Legal corridor and support policies
The Japanese government has placed innovation and digital transformation at the heart of its economic development strategy. Many preferential policies, support funds and international cooperation programs have been implemented to attract foreign technology enterprises, especially in the field of AI.
This helps international companies when opening branches or subsidiaries in Japan not only be welcomed but also have access to financial and research resources.
Potential business customers
Japan is home to many of the world's leading corporations such as Panasonic, Rakuten, SoftBank, Toyota, Honda, etc. These are all business-to-business (B2B) customers with strong demand for AI applications in manufacturing, e-commerce, telecommunications, and financial services.
For international AI companies, having a presence in Japan makes it easier to access global partners, expand business scale and affirm prestige in the Asian market.
2. Reality: Many “big guys” choose Japan to expand AI
It is no coincidence that Japan is continuously chosen by the world's leading technology companies to expand their operations. In just the past few years, the wave of investment and presence of large enterprises in the field of AI in Japan has become increasingly evident.
Anthropic – Strategic move with Tokyo office
anthropic, the famous American AI company with the Claude app, has officially announce plans opened its first Asian branch in Tokyo. The new office focuses on serving Japanese corporate customers and also cooperates with large corporations such as Panasonic and Rakuten Group to deploy products.
It can be said that this move not only helps Anthropic get closer to Japanese customers, but also affirms that Tokyo is becoming Anthropic's strategic "gateway" to penetrate deeper into the Asian market.

OpenAI – Tokyo becomes the first destination in Asia
Before Anthropic, OpenAI – the name associated with ChatGPT – also took a similar step. In April 2024, OpenAI chose Tokyo as the location for its first office in Asia. Not only simply expanding its presence, OpenAI also revealed plans to “localize” the GPT model for Japanese – a move that shows its seriousness in this market.
Microsoft – Investing Billions of Dollars in AI in Japan
Not staying out of the game, Microsoft – the American technology giant – also stepped up its investment with a $2,9 billion package in cloud computing infrastructure and GPUs in Japan. At the same time, the company also established the Microsoft Research Asia research center in Tokyo, focusing on pioneering areas such as embodied AI, social AI and neuroscience.
Microsoft's goal is clear: to bring AI from the lab into practice, accompanying Japanese businesses on their digital transformation journey.

SoftBank + OpenAI – Joint Venture SB OpenAI Japan
Another bright spot is the SB OpenAI Japan joint venture, a collaboration between SoftBank and OpenAI. With an investment budget of up to billions of dollars per year, this joint venture not only provides AI solutions for the Japanese market, but also sends a strong message: Japan wants to play a central role in the Asian AI map.
Sakana AI – Japan's Domestic AI Star
Not only is Japan riding the international wave, it is also witnessing its own rise. Sakana AI, a startup founded by two former Google engineers in Tokyo, has reached a valuation of $1,5 billion just one year after its launch.
Sakana AI focuses on collective intelligence research, a different direction that demonstrates a very "Japanese" creative spirit: when AI is not just technology, but also a philosophy of connecting people.
Vietnamese Enterprises – Firm Steps into Japan
Besides global corporations, Vietnamese enterprises are also asserting their position in the Japanese market:
- FPT Software: more than 20 years of presence, with thousands of employees and many AI projects for Japanese corporations.
- CMC Technology: opens third office in Tokyo (2024), becomes a member of Keidanren - Japan's leading economic organization.
Additionally, companies like NashTech, VSII are also entering the market with AI and digital transformation services.
Besides Japan, Singapore, Mỹ, Hong Kong are also potential countries to open companies, register technology IP and develop AI, and call for technology investment capital.
3. Benefits of establishing a company in Japan to do business in technology (AI)
Choosing Japan as a destination to open a company in the technology field, especially AI, brings many practical benefits to businesses:
3.1 Access to high-demand, high-budget AI markets
Japan is one of the countries investing heavily in AI with many application areas: healthcare, automated manufacturing, finance, logistics, retail. The Japanese government and businesses are willing to spend large budgets to deploy AI solutions, opening up abundant cooperation opportunities for startups and international companies.
3.2 Leveraging the ecosystem of cooperation with Japanese corporations
Big names like Sony, SoftBank, Rakuten, and Panasonic are always looking for technology partners to increase their competitiveness. New businesses can take advantage of this ecosystem to collaborate on research, product development, or expand distribution channels.
3.3 Policy support and funding from the government
The Japanese government is promoting Digital Transformation (DX) and Society 5.0, with AI as the focus. Preferential policies on tax, research funds, and support for international startups help foreign businesses reduce risks and accelerate development.
3.4 Increase brand reputation when setting up an office in Tokyo/Osaka
Owning an office in Tokyo or Osaka – the two largest economic and technological centers in Japan – helps businesses enhance their reputation in the eyes of international partners, while easily attracting high-quality human resources in the technology industry.
With these advantages, Japan is not only a potential market, but also a strategic springboard for technology and AI companies to expand globally.
4. Forms of presence in Japan for international AI companies
Technology companies, especially in the AI field, can choose from a variety of forms of presence when expanding to Japan.
Depending on your business strategy, investment level, and long-term development needs, you can consider one of four options. Japanese company types popular after:
4.1 Establishment of Branch Office
A branch is a direct extension of a parent company overseas. Businesses can use the branch to conduct business, sign contracts, and provide AI services right in Japan.
- Advantages: Quick establishment procedures, lower operating costs compared to subsidiaries.
- Limitations: The parent company is directly legally and financially responsible for all activities of the branch.
4.2 Establishment of a subsidiary
A subsidiary is an independent legal entity, usually established as a Kabushiki Kaisha (KK) or Godo Kaisha (GK) in Japan. This is the form chosen by many large corporations in the AI field for long-term development.
- Advantages: Independent legal entity, increased reputation with Japanese customers, easy to sign large contracts.
- Disadvantages: Requires charter capital, more complicated establishment and maintenance procedures.
4.3 Representative Office
Representative offices are suitable for new businesses exploring the market. These offices are not allowed to conduct revenue-generating business activities but only focus on research, surveys, marketing or communications.
- Advantages: Easy to set up, low cost.
- Restriction: No direct revenue generation in Japan.
4.4 Joint Venture with Japanese company
This is a form of cooperation with a Japanese partner to establish a joint venture company. This model is suitable for AI businesses that want to take advantage of the resources, available customers, and local knowledge of the Japanese partner.
- Advantages: Cost savings, risk reduction, easy access to Japanese customer network.
- Limitations: Clear agreement on equity ratio, control rights and development strategy is required.
In general, if an AI company wants to test the market quickly, a representative office or branch office will be suitable. But if the goal is to build a brand, sign large contracts, and grow sustainably, a subsidiary or joint venture will be a more strategic choice.
5. Basic procedures to open a technology company in Japan
Job set up company in japan, especially in the field of AI and Digital Transformation, in Japan requires careful preparation and compliance with many legal regulations. Below are the basic steps with support solutions from GLA:
Step 1: Select legal type: KK, GK or Branch
- Kabushiki Kaisha (KK): Joint stock company, highly reputable, easy to attract Japanese partners.
- Godo Kaisha (GK): Similar to LLC, low cost, flexible management.
- Branch office: Suitable for companies that already have a parent entity and want to quickly establish a presence.
GLA helps you analyze the advantages and disadvantages of each type, and advises on the type that is suitable for your business's AI expansion strategy.
Step 2: Prepare capital conditions, office address and seal
- Minimum capital: Not required, but usually recommended is 5–10 million Yen to build trust with partners.
- Office address: Must be in Japan, usually in Tokyo or Osaka for convenient transactions.
- Seal (Hanko/Inkan): Must be officially registered for use in legal transactions.
GLA supports you in renting offices in Japanese technology centers, consulting on appropriate capital levels, and preparing procedures for registering a seal for your company.
Step 3: Business registration and Japanese corporate tax
- The application is submitted to the Legal Affairs Bureau.
- After obtaining the certificate of incorporation, it is necessary to register for tax at the local Tax Office.
- For AI companies, additional licenses related to IT services or data processing may be required.
GLA supports drafting registration documents, representing submissions to Japanese agencies, and providing specific tax advice for technology businesses, especially in international transactions.
Step 4: Apply for a work visa for foreign experts
- The AI technology field often requires international personnel, so companies must sponsor visas for experts.
- Popular visa types: Engineer/Specialist in Humanities/International Services or Business Manager Visa for founders.
GLA advises on the appropriate visa type, prepares sponsorship documents, and accompanies your team of experts during the visa application process.
Step 5: Register copyright & intellectual property
For AI companies, intellectual property (IP) is a core asset. Japan requires software copyrights, patents, and trademarks to be legally protected. This is especially important when working with Japanese corporations.
GLA supports connections with copyright lawyers in Japan, supports trademark registration, AI patents, and advises on strategies to protect businesses' intellectual property.
The process of opening an AI company in Japan is quite complicated but completely feasible with the support of GLA. With practical experience and a network of partners in Japan, GLA helps your business save time, reduce legal risks and quickly exploit the potential of the AI market worth tens of billions of USD in Japan.
6. Challenges & Notes for Technology Companies (AI) in Japan
When opening a technology company, especially in the AI field in Japan, international businesses need to be well prepared for the following challenges:
- Fierce competition from local and international businesses: Japan has many large technology corporations (NEC, Fujitsu, SoftBank, NTT Data) and a series of thriving AI startups. Market penetration requires foreign companies to have different solutions, outstanding technology or clever cooperation strategies.
- Data Privacy, AI Ethics: Japan has strict regulations on personal data (APPI – Act on the Protection of Personal Information) and is increasingly focusing on AI Ethics. Businesses need to ensure that AI systems comply with the law to avoid legal risks.
- There are cultural differences: The Japanese value trust, long-term relationships and collective decision-making. If foreign companies do not understand this culture, negotiating and cooperating with Japanese companies/partners can be difficult.
- High operating and personnel costs: Tokyo and Osaka are among the cities with the highest cost of living, office rent and salary in Asia. Businesses need to carefully budget when operating here.
7. How to leverage AI trends to succeed in Japan
International businesses looking to expand into the Japanese market can take advantage of the artificial intelligence (AI) trend through the following strategies:
- Investment in research & development (R&D) in Japan: Establishing an R&D center in the country helps businesses access high-quality human resources, quickly update new technology trends and grasp the actual needs of the Japanese market.
- Combining recruitment of local AI engineers and international experts: This combination brings a balanced advantage between global technological knowledge and understanding of Japanese consumer culture, behavior and tastes.
- Multilingual AI Product Development, Japanese priority: Localization is not just about language translation, but also about adjusting the user experience to suit Japanese culture, thereby increasing trust and competitive advantage.
- Cooperate with large corporations in Japan: Partnering with leading names such as Panasonic, SoftBank or Rakuten will help businesses expand their ecosystem, increase brand reputation and quickly reach a large customer network.
International AI companies that want to succeed in Japan need to combine technological innovation, product localization, and strategic partnerships. This is the key to helping businesses make a lasting mark in one of the world's leading technology markets.
8. How does GLA support you in establishing an AI technology company in Japan?
GLA provides comprehensive solutions to help international businesses open technology companies, especially in the field of artificial intelligence (AI), in Japan, including:
- Advisory choose the type of company suitable (Kabushiki Kaisha – KK or Godo Kaisha – GK) to optimize tax, legal and capital raising capabilities.
- Support in drafting and submitting company establishment documents to Japanese legal authorities, ensuring compliance with regulations.
- Providing business registration office address and representative office services for a quick start without renting a large headquarters.
- Consulting on visa/entrepreneur and residence permit for founders and AI experts who want to go to Japan to run a company.
- Connect to open a corporate bank account in Japan or an international bank that supports technology businesses.
- Legal - accounting - tax support for companies to operate legally, especially in the high-tech field (AI, data).
- Long-term companionship: Not only supporting the establishment stage but also accompanying the Enterprise throughout the development process in Japan.
With experience in supporting Vietnamese businesses to expand globally, GLA is a reliable partner for you to lay a solid foundation for your AI company in Japan.
9. Frequently asked questions when opening a Japanese company to do technology business (AI)
1. Is it possible to open a 100% foreign-owned technology company in Japan?
Yes. Japan allows foreign investors to own 100% of the company's capital. You can choose to establish Kabushiki Kaisha (KK) or Godo Kaisha (GK) without having to have Japanese shareholders or members.
2. What type of company is suitable for AI business in Japan?
AI companies often choose Kabushiki Kaisha (KK) because this type is highly regarded for its reputation, easy fundraising, and cooperation with large corporations. If you want simpler procedures and lower costs, Godo Kaisha (GK) is also a suitable choice.
3. Does Japan have a program to support foreign technology startups?
Yes. The Japanese government and local governments such as Tokyo and Osaka often have programs to support AI and high-tech startups through:
- Tax breaks and financial assistance.
- Connect with venture capital funds and R&D centers.
- Business Manager Visa for foreign founders.
Contact GLA for advice and support on policies to support your business when establishing a company in Japan.
4. Do I need a Japanese partner to open a branch?
Not required. Foreign companies can open branches or subsidiaries in Japan without a local partner. However, having a Japanese partner will help facilitate access to the local market, customers, and business networks.
- Japan is a potential but fiercely competitive market for technology (AI) companies, especially with high requirements on data security and business culture.
- Many leading brands such as Anthropic, OpenAI, Microsoft, SoftBank and Sakana AI have chosen to open companies, set up offices or expand operations in Japan, showing the strong attraction of the technology market here.
- Foreign enterprises can open 100% capital companies in Japan with many suitable options, but need to carefully prepare for operating costs and personnel.
- Success in Japan depends on combining local R&D, hiring local staff, building multilingual products, and partnering with large corporations.
- GLA can accompany you every step of the way — from legal advice, company formation, to compliance and long-term growth in Japan.
Guide to opening a company in Japan to export handicraft products (2025)
Opening a company in Japan to export handicraft products is the desire of many Vietnamese enterprises, especially when the Japanese market is famous for being strict but also full of potential. However, many enterprises are struggling with a series of questions:
US Corporate Annual Compliance 2025: Requirements, Deadlines, and Penalties
Open a company in the US doesn't mean it's over. But many business owners think so, just sell and do business, and leave the company alone.
GLA has advised more than 317 US business owners and found this to be the most common mistake. Many choose cheap, unreliable services, only to panic a year later when they receive compliance letters from tax and regulatory agencies in the states asking them to explain why they are not in compliance, have not paid taxes, or have not updated information.
In fact, annual compliance is not only a legal requirement, but also protects the reputation and stability of the company. Let's find out each requirement and how to prepare so that your company is always in compliance with the law in the article below.
Opening a company in Singapore to do solar energy business: Opportunity for sustainable growth
In the context of the market, many businesses and investors in the solar energy sector are facing challenges such as: difficulty in accessing international capital, lack of long-term support policies, barriers to exporting technology or equipment. This makes many businesses want to reach out to the global market, looking for a more transparent and favorable legal environment for sustainable development and easy capital mobilization.
Comparison of company dissolution and bankruptcy procedures in Singapore, Hong Kong, BVI (2025)
Terminating a business is more than just “closing the door” – it is a significant legal process that requires careful preparation and strict compliance with regulations in each country. Many international businesses have found themselves fined, blacklisted, or banned from starting new companies simply because they did not complete the proper dissolution procedures in the country where they operate.
Set up a Hong Kong company to open and operate a Google Play Console (Google Developer) account
Are you looking to develop apps on Google Play and need a Google Play Console account? Setting up a company in Hong Kong not only helps your business open a valid Google Play Console account, but also optimizes costs, easily receives international payments, and expands to the global market. This article will guide you in detail on why you should choose to open a Hong Kong company to operate a Google Play Console account and the steps you need to take to get started.
1. Google Play Console (Google Developer) account
1.1 What is Google Play Console?
Google Play Console is an application management platform provided by Google that helps game and application developers publish, track and optimize their products on the Google Play Store. This is an important tool that helps businesses and individuals control the entire application lifecycle, from publishing, updating, managing users to tracking revenue performance.
1.2 Why should Game and App Businesses register for a Google Play Console account?
Google Play Console is not only a tool to support application publishing but also helps businesses optimize products, reach customers and effectively increase revenue. Below are 5 important reasons why game and app businesses should register for a Google Play Console account:
- Build high quality apps and games: Google Play Console provides tools to help businesses improve the quality of their apps, from content, user experience to technical performance, ensuring products run smoothly and meet the highest standards.
- Publish secure and professional applications: Application testing, validation, and deployment tools help businesses release products with confidence, minimize the risk of technical and security errors, and optimize global distribution processes.
- Expand your user base and optimize growth: With in-depth analytics tools and optimized reports, businesses can understand user behavior and market trends to build appropriate growth strategies, helping to expand their reach on Google Play.
- Make money easily from apps: Google Play supports multiple monetization models such as paid apps, in-app purchases, and subscriptions, helping businesses generate stable revenue and maximize revenue.
- Increase user engagement and retention: Engagement tools, user behavior analytics, and customer retention strategies help businesses build loyal communities, improve app retention rates, and increase user lifetime value (LTV).
Owning a Google Play Console account not only helps businesses grow sustainably but also brings a strong competitive advantage in the mobile game and application market.
2. Types of Google Play Console (Google Developer) accounts
Google Play Console offers two types of accounts for app developers: Personal Accounts and Business Accounts. Each type of account has its own characteristics, suitable for different audiences. Choosing the right account type from the beginning helps businesses or individuals manage their apps more effectively.
| Element | Personal account | Business account |
| Eligible applicants |
|
|
| Identity verification | Valid ID Required: Just a valid email address, phone number and payment method are required to register. | Need DUNS number and business information |
| Management scale | An individual manager | Support multiple management members |
| Application testing limitations |
|
No App Testing Restrictions: Compared to personal accounts, business accounts have a less restrictive review process. |
Choosing the right Google Developer account type will help Individuals/Businesses optimize the application release and management process, thereby increasing the opportunity for businesses to develop and increase revenue on Google Play.
3. Conditions for registering a Google Play Console account for Game, App, and Software Businesses
To publish games, applications or software on Google Play Store, businesses need to register for a Google Play Console account. Owning this account helps businesses manage and distribute products professionally, reach global users and optimize revenue. Below are the condition Important requirements that Businesses need to meet to register for a Google Play Console account:
- Legally established and licensed enterprise DUNS code is required for identity verification.
- Company address, business website.
- Business phone number and email to display in developer profile.
- Personal contact phone number and email (not displayed on public profile).
- Payment Method: Payment account must have legal name, address and DUNS number associated.
Note: If an Individual registers for a Google Play Console account, the following conditions must be met:
- Individuals registering for an account must be 18 years of age or older.
- Personal accounts created after November 13, 11 must meet app review requirements before publishing on Google Play.
- Starting in 2024, new personal accounts will need to verify access to an Android device using the Play Console app.
4. Why should Game and App businesses establish a Hong Kong company to operate a Google Play Console account?
With the strong development of the global mobile game and application industry, building an effective operating platform is a key factor for sustainable business growth. In particular, establishing a company in Hong Kong to manage and operate Google Play Console accounts is becoming the optimal choice for many international game developers and studios, especially businesses from Vietnam.
Below are specific reasons why Game and App businesses should consider setting up a company in Hong Kong:
5.1 Outstanding tax incentives – Maximize profits
- Low tax rate: Hong Kong applies corporate income tax according to a two-tiered tax schedule:
- 8.25% on first 2 million HKD profit.
- 16.5% on excess profits.
- Compared to countries with tax rates from 17% - 30%, tax rates in Hong Kong are considered competitive, helping businesses save significant costs. Businesses can refer to corporate income tax rates in Hong Kong and other countries at: compare tax rates in hong kong.
- No VAT (Value-Added Tax): Hong Kong does not apply VAT while other countries such as Vietnam (5%), Singapore (9%) still charge VAT on services such as Google Ads, AdMob. This helps businesses reduce the cost of advertising and app distribution.
- Tax exemption on extraterritorial income:
- Profits from activities outside Hong Kong such as revenue from international users downloading apps/games are generally tax-free.
- In addition, Enterprises established in Hong Kong will not be subject to the following taxes: dividend tax, capital gains tax, withholding tax.
5.2 Optimize advertising operations and cash flow
One of the outstanding advantages of establishing a company in Hong Kong is: Google Ads and AdMob invoices are subject to 0% VAT Helps businesses save 5-8% on advertising costs compared to registering in Vietnam or Singapore
This is especially important for game studios and apps that need large marketing budgets to grow their user base.
5.3 Increase trust in your Google Play Console account
A Google Play Console account is tied to the legal reputation of the business. A few reasons why a Hong Kong company helps increase stability and reduce the risk of account suspension:
- Clear legal entity, transparent business address.
- Legal and financial system recognized by Google and international platforms.
- Invoice from Hong Kong company is valid when registering for services such as Google Ads, Google Admob, etc.
This is especially useful in the context of Google increasingly tightening its application approval and distribution policies, especially for accounts from the Southeast Asia region.
5.4 Easy DUNS number registration
DUNS Number is required when registering a Google Play Console account for business. Owning a company in Hong Kong helps:
- Registering for a DUNS code is quick and convenient.
- Ensure legal information complies with verification systems of Google, Apple, Amazon, etc.
5.5 Stable and easy-to-operate business environment
Hong Kong is considered one of the leading financial centers in Asia with:
- The procedure for establishing and maintaining a Hong Kong company is simple.
- No foreign currency transaction restrictions, easy international payments.
- Strong banking system, supports remote account opening and global transaction processing.
- This is a solid foundation for App/Game businesses to expand their operations internationally without legal or financial barriers.
Establishing a company in Hong Kong brings many benefits in terms of tax, business environment and access to international platforms such as Google Play Console, helping game and application businesses optimize costs, expand markets and enhance reputation.
5. Procedures and processes for establishing a Hong Kong company to open Google Play Console
Setting up a company in Hong Kong not only helps Game, App, and Technology businesses easily register for a Google Play Console account under the name of a legal entity, but also brings many advantages in terms of tax, financial management, and international market expansion. Below is a detailed step-by-step guide for businesses to complete this process.
Step 1: Choose company type
Determine the type of company: The Types of companies in Hong Kong that businesses consider choosing are:
- Limited Liability Company
- Partnership
- Sole proprietorship
- Representative office/Branch office
The most popular type of company for tech and gaming businesses looking to sign up for the Google Play Console is a private limited company (PLL). The company has an independent legal entity, helping to protect the personal assets of the owner.
GLA will support and advise businesses to choose the type of company that suits their needs and goals.
Step 2: Prepare registration information
To establish a company in Hong Kong, businesses need to prepare:
- Company Name: Check and register your company name in English or Chinese.
- Shareholder and director structure: Minimum 1 director and 1 shareholder (can be the same person).
- Registered address in Hong Kong: A valid address in Hong Kong is required.
- Company Secretary: Must be a Hong Kong citizen or a local company providing secretarial services.
- Charter capital: No minimum charter capital required, Enterprises can establish a company in Hong Kong from only 1HKD.
GLA assists businesses in the preparation and verification of company names, provides director and secretary services for company formation, and provides an office address in Hong Kong, meeting the business's goals and budget.
Step 3: Register to establish a company in Hong Kong
Businesses can register themselves or use Company registration service in Hong Kong of GLA to complete the process faster.
- File an application with the Companies Registry.
- Receive Business Registration Certificate:
- Certificate of Incorporation.
- Business Registration Certificate.
Step 4: Register for a DUNS number
Google requires businesses that register for a Google Play Console account to have a DUNS code to verify the identity of the Business.
GLA provides a one-stop DUNS registration service for Hong Kong Businesses, ensuring successful Google Play Console registration.
Step 5: Open a digital bank account to receive payments from Google.
Google Play Console requires businesses to provide Hong Kong corporate bank account products to receive revenue from the app.
Businesses can choose:
- Traditional Banking in Hong Kong: HSBC, Hang seng bank, Standard Chartered, etc.
- Digital Banking: Airwallex, Wise, Payoneer, etc.
GLA advises and supports businesses in choosing the right type of bank, and quickly carries out procedures to open a corporate bank account, helping to increase the likelihood of success.
Step 6: Register a Google Play Console account with Hong Kong company information
Once you have a company and bank account, go to Google Play Console and fill in the information:
- Account Type: Select “Organization”.
- Company information:
- Company's name
- DUNS Number
- Business address in Hong Kong
- Business email and phone number
- And other information
- Payment method: Enter corporate bank account information.
- Verify business identity
- Google may require uploading your business license, certificate of incorporation, and DUNS number for verification.
- If the information is valid, the account will be activated after 3 - 7 business days.
Step 7: Financial Management & Tax Compliance in Hong Kong
After successfully establishing a company and registering a Google Play Console account, Hong Kong businesses need to comply with applicable legal and tax obligations in Hong Kong, including:
- Corporate income tax: 8.25% for profits below HKD 2 million, 16.5% for excess.
- Annual Financial Statements: Must be filed with the Hong Kong Inland Revenue Department (IRD).
- Accounting & Auditing Services: Businesses should hire professional services to ensure regulatory compliance.
GLA provides a comprehensive package of tax declaration and accounting support services for businesses established in Hong Kong, helping businesses complete their tax obligations quickly, accurately and optimally.
6. How does GLA support Enterprises to set up a Hong Kong company to open Google Play Console?
GLA supports businesses in establishing a Hong Kong company to open a Google Play Console account with comprehensive services, helping to optimize the process and ensure legal compliance, including:
- In-depth advice and support on legal procedures, tax regulations and other requirements related to the open company in Hong Kong success.
- Support and provide office address in Hong Kong suitable for business budget and goals.
- Business support DUNS number registration (Data Universal Numbering System), required to register a Google Play Console account.
- Business support opening a company bank account in Hong Kong, helping to manage international cash flows effectively.
- Support businesses in Financial reporting, Hong Kong corporate tax declaration and related issues for Game and App businesses to establish a company in Hong Kong
- Consulting and optimizing corporate tax issues for companies established in Hong Kong
- Providing legal and accounting consulting services, helping businesses comply with Hong Kong laws.
7. FAQ on setting up a Hong Kong company to open Google Play Console
Does setting up a Hong Kong company save tax?
Yes. The tax rate is only 8.25% on the first HKD 2 million of profits and 16.5% on the excess. In addition, there is no VAT, dividends, capital gains or withholding tax.
Can Hong Kong companies be used to run Google Ads/AdMob?
Absolutely. Google Ads and AdMob invoices apply 0% VAT, helping businesses save 5–9% on advertising costs.
Is a DUNS number required to register a Google Play Console account?
Yes. This is required to verify your business identity with Google.
What type of company is suitable to open a Google Play Console account?
In Hong Kong, businesses can choose from the following types of companies:
- Limited Liability Company
- Partnership
- Sole proprietorship
- Representative office/Branch office
A Private Limited Company is the most common type of company for tech and gaming businesses looking to sign up for the Google Play Console.
Is income from Google Play Console taxable in Hong Kong?
Google Play Console earnings in Hong Kong are not subject to VAT (0%).
- Google Play Console is an indispensable tool helps businesses publish, track and optimize apps/games, and grow global revenue.
- Businesses should register for a Google Play Console Business account. for professional management, no censorship restrictions like personal accounts, and a DUNS number is required for identity verification.
- Setting up a company in Hong Kong brings many advantages for Game and App businesses such as tax incentives, low operating costs, easy DUNS registration, and increased credibility with Google.
Should I open a company branch in Singapore? (Expert's answer)
Looking to expand your business to Singapore? Setting up a branch office can be a strategic and effective move.
5 golden steps to establish a foreign company to trade carbon credits: Fast, effective, cost-saving
Carbon credit trading is a potential market and has a huge demand in the future with the whole world moving towards Netzero.
ESG Registered certification for Vietnam, Singapore, Hong Kong, Offshore, etc. companies
Sustainable business is a growing global trend aimed at achieving Net Zero. Companies in manufacturing and trade need to follow rules related to the environment, society, and how they are managed (also known as ESG: Environmental, Social, and Governance).
List of food industry importers in Singapore (updated 2025)
GLA regularly updates data on importers and distributors across various industries, meeting the needs of finding business partners and expanding the market in Singapore. Below is an excerpt from the list of food importers in Singapore (updated). To view the full list of food importers in Singapore, please register for a membership account or contact GLA directly.
Detailed instructions for applying for a work visa in the US (2025)
Obtaining a US work visa is an important step to opening up career development opportunities, working at an American company and experiencing a professional environment in one of the world's leading countries.
Instructions for consular legalization of offshore documents and papers
Consular legalization of offshore documents and papers is an important step to ensure the legality and validity of documents in other countries. With a complex process, including notarization, Apostille certification and legalization at diplomatic agencies, understanding the procedures is a key factor to help individuals and businesses save time, costs, and avoid legal risks.
Detailed information on the process and procedures for consular legalization of documents and papers in the US
As international economic integration grows stronger, consular legalization of documents issued in the US has become a necessary step for businesses.
How to register trademark in the US?
Registering a trademark in the US is an important step to help businesses protect their brand from infringement and copying by competitors.
Procedures and processes for applying for foreign investment licenses
Vietnam is currently considered a politically stable country with impressive economic growth in Southeast Asia.
How to open a business bank account in the US for foreigners
Foreigners opening a bank account in the US is an important decision, affecting the cash flow management and financial transactions of the Enterprise. set up company in usa or other countries when investing abroad. Deciding exactly which US bank account to open will help you/your company save on transaction costs, cash flow, and ensure the financial health of your business. In this article, GLA will point out:
Procedures for registering DUNS code for Singapore company
DUNS (Data Universal Numbering System) code is an important tool to help businesses enhance their reputation and expand international cooperation opportunities.
How to get a verified address for your business in the US?
The United States is known as the world's largest economy and an international business center that attracts a series of multinational companies. Renting an office address in the United States brings many significant benefits to businesses, from building trust with partners and customers to supporting business activities such as open a bank account in the US or manage correspondence effectively.
Setting up a company in Canada: A step-by-step guide
Setting up a company in Canada not only opens up business opportunities in the domestic market here, but also helps businesses easily access international markets, thanks to the free trade agreements that Canada participates in.
Registering a Trademark in Hong Kong: A Detailed Guide
Registering a trademark helps protect your brand comprehensively, expands legal rights and ensures that intellectual property is not infringed.
Top 5 international accounting software businesses should know
In the context of Vietnamese enterprises increasingly integrating and expanding global business, choosing an international accounting software can help manage finances effectively, transparently and optimize resources.
DUNS Registration for Hong Kong Company: A Detailed Guide (2025)
Are you running a company in Hong Kong and want to expand into the international market and unlock new business opportunities? DUNS code is the "golden key" to enhance your business reputation and expand global business opportunities.
Setting up a company in the UK: A step-by-step guide
The UK is one of the world's top business destinations, especially for foreign business owners operating across borders.
Setting up a company in Seychelles: A step-by-step guide
Seychelles is a country that receives much attention from foreign investors who want to own an offshore company to expand with low investment costs but still bring benefits close to other developed countries.
Setting up a Company in Belize: A Complete, Detailed Guide
For a long time, Belize has been considered an ideal country for businesses wishing to establish an offshore company for international business.
Process of opening a clothing store in Singapore, Thailand, Cambodia from AZ (2025)
Opening a fashion store in Southeast Asian countries such as Thailand, Singapore and Cambodia is an exciting opportunity, but it also comes with many challenges. Competitive markets, complex regulations and understanding the needs of local consumers are all issues that businesses need to face when starting a business in the fashion industry.
How to incorporate a logistics company in Singapore: A complete guide
Singapore, as a leading logistics hub in the world, is attracting attracting many businesses eager to enter the market. However, setting up a logistics company here involves complex procedures and intense competition.
Choose electronic bank or traditional foreign bank?
Online banking (digital banking, electronic banking) and traditional foreign banks both offer similar services, but there are some important differences.
4 Advantages of businesses owning foreign online payment cards
The continuous development of e-commerce and economic globalization has created new challenges and opportunities for businesses. Therefore, owning a foreign online payment card becomes an important advantage to help businesses improve their transaction capabilities and take advantage of opportunities to expand the international market. Online payment cards can help businesses manage and make payments, saving time managing fees that exceed the allowed level.
Detailed instructions for registering DUNS code to authenticate Google Ads account 2025
To effectively and reliably advertise online on the Google Ads platform, registering a DUNS number is a factor that businesses should consider implementing.
How to incorporate a gaming company in Hong Kong 2025: Enjoy the best incentives in the region
Hong Kong is a great choice for game companies looking to go global. It has a strong gaming market, low taxes, and a clear legal system—making it a friendly place for business. In this article, GLA will guide you through:
Setting up a company in Hong Kong: tax optimization for content creators (KOL, Content Creator)
Are you a content creator (KOL, KOC, Youtuber or content creator on social networks who is paying huge amounts of tax when signing contracts with customers, paying taxes periodically every quarter, every year?
Run Google & Facebook Ads VAT-Free with a Hong Kong company
For businesses running Facebook and Google ads, paying VAT correctly according to regulations is a matter of concern for many businesses.
Which payment solution is better: Paypal or Stripe?
PayPal or Stripe – two “giants” in the field of international payment gateways, accounting for 45% and 17% of global market share respectively (1/205) – is the top choice of many businesses. However, determining which payment gateway is best suited for your business is not easy, even for large corporations.
This article from GLA will help you understand the similarities, differences, and sustainability of these two payment gateways, as well as how they can support your business model when expanding internationally.
1. What is a payment gateway? What should businesses look for in a payment gateway?
1.1 What is a payment gateway?
Payment gateways, such as Paypal, Stripe, etc., are digital payment solutions that collect and verify payment data from customers and then send that data to the seller's bank account for online payments.
1.2 What should businesses look for in a payment gateway?
When choosing a payment gateway for your business, especially a business Paypal account or a business Stripe account, there are many factors that businesses should consider to choose the most optimal payment gateway for their business. The factors needed for an optimal payment gateway are:
- Security level.
- Service agreement, reasonable cost.
- Easy to navigate payments for customers.
- Support for merchant accounts;
- Easy to integrate into company operations.
- Optimized, compatible on all electronic and mobile devices.
It can be seen that the Paypal business payment gateway or the Stripe business payment gateway can easily meet the above factors, allowing Ecommerce businesses to easily do international business, sell online or do business on e-commerce platforms.
2. Paypal vs Stripe Comparison: Which is the Best Option for E-commerce Businesses?
If your business is still hesitating between choosing a corporate Paypal account or a corporate Stripe account to integrate into your business operations.
GLA has created a comparison table between registering a business Paypal account and registering a business Stripe account as below so that Businesses can easily see the difference.
2.1. Comparison table compare Paypal and Stripe
| Factor | Stripe | Paypal |
| Easy to use |
|
|
| Cost of use | Clear and transparent usage costs. | Clear and transparent usage costs. |
| International payments |
|
|
| Custom design capabilities |
|
|
| Foreign currencies, payment methods supported |
|
|
2.2. What is the biggest reason E-commerce businesses choose a business Paypal account and a business Stripe account?
The biggest difference between registering a business Paypal account and registering a business Stripe account for online sellers and e-commerce businesses is that the business Stripe payment gateway will be most suitable for businesses that want to design their own payment process according to their preferences.
This means that businesses can easily design and integrate their payment page to best suit their company's aesthetics and branding.
Meanwhile, although the Paypal business payment gateway is not as optimized as Stripe, the ability to easily register and use Paypal is an advantage for businesses.
Registering a PayPal account is really suitable for online sellers and e-commerce businesses because you only need to register to start using this payment gateway immediately.
3. When should a Business choose PayPal or Stripe?
Choose PayPal if:
- You are a startup or small business.
- Want to attract a large number of potential customers thanks to large market share.
- Interested in cryptocurrency trading.
- Want to use PayPal ecosystem like PayPal Pro, MassPay.
Choose Stripe if:
- Businesses need highly customized checkout processes.
- Prioritize long-term cost savings.
- Want to take advantage of automated trading.
- Focus on international trading.
3. How can GLA support businesses in registering for Paypal and Stripe business accounts?
Creating a PayPal or Stripe business account is very helpful for e-commerce businesses. Having an international payment gateway makes it easier for businesses to sell online in places like Singapore, the US, and more.
That’s why GLA, with many years of experience and trusted service quality, offers support for businesses to set up companies in the US, Canada, Hong Kong, Singapore, and other offshore locations.
- Consult on strategy for opening Paypal accounts, Paypal Business, removing liquidity limits (Limits), doing appraisal (Underwriting).
- Upgrade to Paypal Business VIP account, register for Paypal Pro, subscribe to premium services.
- Support management, maintain Paypal accounts, guide dispute resolution, optimize international money transfers;
- Support businesses to register, open, and authenticate international payment accounts such as Paypal, Stripe, etc.
- Support businesses to register, open, and authenticate physical bank accounts and online banking accounts at financial centers in Singapore and the US.
4. Frequently asked questions when businesses register for a PayPal business account or Stripe business account?
1. Does GLA support registering to upgrade accounts to Paypal Business VIP for businesses that already have a Paypal Business account (a Paypal business account?
GLA will support businesses that already have a Paypal Business account to register for a Paypal Business VIP account.
As a partner working directly with PayPal Singapore, PayPal Hong Kong, PayPal US, GLA will research the Business account in advance to advise on the appropriate time and information to prepare before creating a Paypal Business VIP account.
Contact GLA for detailed advice today!
2. What are the benefits of registering for a Paypal Business VIP account?
Registering for a Paypal Business VIP account brings benefits to businesses such as:
- Limit Paypal Business, allows large transfers.
- Ensure stable cash flow.
- Reduce Paypal Reserve margin ratio (percentage of funds kept in the account).
- Enhance the company's brand and professional image.
- Allow all forms of payment from customers (Cards, payment gateways, phone payments, etc.).
- Design a personalized payment process specifically for your business.
- Other advanced Paypal features like Paypal Masspay, Reference Transactions, Paypal Pro, etc.
3. Besides Paypal, does Stripe GLA support businesses to register for other payment gateways?
GLA can fully support businesses to register for other payment gateways such as Worldpay, Braintree, Wise, open bank accounts at traditional banks, open bank accounts at digital banks (Bank online). Each option brings many benefits to businesses.
Contact GLA for detailed advice today!
4. Are Stripe business payment gateways and Paypal business payment gateways really safe?
Businesses can rest assured knowing that Stripe business accounts and Paypal business accounts are both the most secure and safe accounts in the world with multiple protections such as 24/7 transaction monitoring, maximum information encryption, PCI DSS compliance, and more.
- PayPal is the most suitable choice for businesses that are doing international business because the rate of using PayPal for payment is the highest.
- Stripe is the ideal choice if your business wants to reach international customers while optimizing costs and designing a payment process according to your needs.
- GLA will support businesses to open both PayPal Business and Stripe Business payment gateways to unlock top features in Singapore, USA, Hong Kong with experts with more than 2 years of experience.
What do you need to know to open an offshore Crypto company to trade cryptocurrencies?
Cryptocurrency, with its unlimited potential, has been attracting millions of users worldwide. To attract potential users, many large corporations apply cryptocurrency to the payment system.
What is Paypal Underwriting, why do businesses need to verify Paypal accounts?
PayPal is one of the most popular and well-known payment methods in the world today. This online payment gateway is used by more than 400 million users worldwide, including buyers, sellers and business owners.
Upgrade Paypal Business VIP account: The optimal solution for businesses
PayPal Business Account is the leading and most trusted payment gateway in the world, providing businesses with many benefits. However, only a few businesses know that registering for a PayPal Business VIP account is the only way to fully utilize PayPal's superior features, as well as the opportunity to take your business and company to the next level.
How to resolve my PayPal account limitations (Fast and correct way)
Managing your cash flow smoothly is always important. If your company does e-commerce or dropshipping, this becomes even more crucial—especially when most of your revenue comes through payment gateways like PayPal or Stripe.
What is Digital Banking? Why Should International Businesses Have One? (2025)
With so many banks to choose from and different forms of opening a bank account, opening a regular bank account is the most difficult choice for businesses setting up foreign companies and doing cross-border business.
Setting up an offshore solar company: A step-by-step guide
The renewable energy industry is an increasingly growing field and attracts many investors to participate, due to changes in user habits and behaviors. To create a competitive advantage in terms of costs, companies operating in the renewable energy and solar energy sectors have turned to establishing companies in offshore countries such as BVI, Belize, Seychelles, etc.
Setting up an offshore company for e-commerce and Dropshipping: Detailed Guide (2025)
Opening an offshore company operating in the field of e-commerce is an increasingly popular choice for individuals/businesses who want to expand their business and access new markets. Offshore companies can bring many benefits, from tax benefits, legal policies, tax and accounting procedures to flexibility in international transactions. However, is establishing and managing an offshore company in the field of e-commerce, Dropshipping really beneficial?
Crypto Company Formation Process in Singapore: A Detailed Guide
Did you know that in 2024, the Financial Conduct Authority of Singapore (MAS) granted a total of 13 major payment institution licenses to companies operating in the cryptocurrency sector, surpassing Hong Kong. This proves that Singapore is emerging as the leading Crypto hub in the region. So why is Singapore the choice of Crypto companies to settle down and establish a company, is the process of establishing a Crypto company in Singapore really easy for foreign Crypto companies?
Top reasons to open a blockchain game company - NFT game in BVI (2025)
Standing out among modern technology, blockchain technology creates a breakthrough difference and attracts many businesses around the world to take full advantage of this technological achievement.
Open an NFT game company - blockchain game in Singapore or BVI?
Currently, blockchain technology and the Non-fungible token (NFT) platform have been significantly impacting many different fields, most notably the video game industry. However, accessing the blockchain game - NFT game player market and international investment capital resources has never been easy for start-ups in this field. The operating environment lacking many professional gamers and lacking blockchain/NFT-focused development companies is not an ideal development condition for blockchain game - NFT game start-ups. Therefore, many start-ups and SMEs have established foreign companies, specifically in BVI and Singapore to develop their business.