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Set up a Hong Kong company to open and operate a Google Play Console (Google Developer) account

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Businesses want to develop applications on Google Play and need a Google Play Console account? Incorporating a company in Hong Kong not only helps businesses open a valid Google Play Console account, but also optimizes costs, easily receives international payments and expands the global market. This article will guide you in detail why you should choose to open a Hong Kong company to operate a Google Play Console account and the steps 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.

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
  1. Independent developers, freelancers or individuals who want to publish apps/games on Google Play.
  2. People who are new to application development and do not have the need to scale their business.
  1. Companies and organizations that want to publish and manage professional applications/games.
  2. Businesses need to optimize revenue from the application and support multiple members to manage accounts.
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
  1. Must meet app testing requirements before publishing on Google Play.
  2. From 2024, new personal accounts must verify access to an Android device via the Play Console app.
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. 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:

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.

Icon gla element Highlights
  • 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.

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