Each country suits a different task. Below is a comparison in general terms. The final choice depends on your business, your clients and your country of tax residence — we'll help you decide in a consultation.
Comparison
| USA | England | Hong Kong | |
|---|---|---|---|
| Company type | LLC | Private limited company (LTD) | Private company limited by shares |
| Our price | from $100 + state fee | from £450 per year | from $1,400 |
| Best for | Amazon, Stripe, US clients, online business | UK and European clients, freelancing, IT | Trade with China and Asia, international trade |
| Yearly obligations | State annual report (varies by state), registered agent, IRS filings (including Form 5472) | Confirmation Statement, annual accounts, CT600 tax return | Annual Return, Business Registration, audit, Profits Tax return, company secretary |
| Taxes in general | An LLC often pays no tax at company level; federal tax depends on whether income is connected with US business | Corporation Tax on profits; VAT above the threshold or voluntarily | Profits Tax 8.25% / 16.5% only on Hong Kong-sourced profits |
| Banking | US banks and fintech, often remote | UK banks and fintech, often online | Thorough checks, sometimes a meeting or video call |
| Audit | Not required | Usually not required for small companies | Mandatory every year |
Prices in the table are for our services. Government fees and services outside the package are extra. All prices are on the Prices page.
How to choose for your task
I sell on Amazon
For Amazon US most sellers choose a US LLC: a US company, EIN, bank account and a trademark for Brand Registry. Selling in the UK may also call for a UK trademark.
I'm a freelancer or IT company
I trade with China and Asia
A Hong Kong company is a common structure for sourcing and re-export: settlements with suppliers and territorial taxation. Keep the yearly audit in mind.
I work with UK and EU clients
A UK LTD builds trust with European clients, and the reporting rules are transparent. With higher turnover you'll need VAT — we'll explain exactly when.
I need another country
Europe and other countries — on request. Write to us and we'll find an option.