Incorporation in Asia

We can set up your company within 3 days. You just need to choose the name of your company. For the opening, we will provide a nominee director, prepare all papers and set it up for you. Later on, you can change it.

Singapore signed agreements for double tax avoidance and providing various taxation frameworks. No dividends taxation. No gain capital taxation. And the most important for new businesses — considerable tax benefits for the first 3 years, which brings your taxes down to 0%. Later on, your taxes will be capped at a rate of 17%.

Foreigners can own 100% of the shares of the company and can move currencies in and out of Singapore or exchange it without limitation.

Education in Singapore is well known as one of the best in the world. Great working environment, motivated innovative people. Also aside from locals, for foreign employees, Singapore provides great immigration policies.

Hard to believe but it’s true. In Singapore, all government employees have a very attractive salary and it brought the country to a zero corruption rate.

Last but not least. You will enjoy skyscrapers, perfect roads, and a variety of entertainments. Aside from living conditions, it’s a great strategic hub for shipping around Asia.

Dia / Digital Advice will set up a new company in Hong Kong within 7 days. Share capital can be in any currency and minimal capital will be only 1$. All incorporation can be done online. Foreigners are allowed to own 100% of the company.

If your company will not operate in Hong Kong, you can apply for tax exemptions. A great choice for offshore companies because there will be no import and export taxes, no withholding and sales taxes, no capital gain taxes. Hong Kong has the lowest tax rate in Asia — 8,25% for profit under 2 million HKD and 16,5% for exceeded part. Plus avoidance of double taxation is available for 37 countries.

Local companies are permitted to open multi-currency bank accounts. Hong Kong is ranked as the 5th largest foreign exchange market and there is no exchange control. Hong Kong is also known as the world’s largest offshore business hub working with RMB.

The English language is common in Hong Kong so you will not have problems with communication. Advantages of local employees in the language knowledge. They are fluent in Chinese and mandarin so your business with China will be way easier to manage from Hong Kong.

The Independent Commission Against Corruption (ICAC) for many years investigates all cases of corruption and they brought the country to a zero corruption rate.

Aside from great weather and living beside the ocean, Hong Kong offers a great strategic location for distributing around Asia. Hong Kong itself is a free economic zone and free port which makes your import and export cheap and easy. There are some categories of goods requiring licenses and taxes (liquors, tobacco, vehicles, etc).

DIA / Digital Advice will open your company in Vietnam. We will fill all documents for you and make a lease/rent contract before incorporation. It’s mandatory to have a legal corporate address for the new company. All documents will be prepared in the Vietnamese language and translated for you. It’s also mandatory to have a notarized translation of all documents.

The corporate income tax rate for domestic and foreign companies is the same — 20%. But the Government gives some tax benefits to selected geographical locations and business sectors. For example, a Foreign IT company will have tax vacation for 1 year since incorporation following by 9 years of 5% corporate income taxes. Geographically all areas outside of Hanoi and Ho Chi Mihn are known as low advantage business locations. The government gives decreased tax rate for companies there (2- 4 years of tax exemption following 4 — 9 years of 7,5% taxes).

Vietnamese Government understands the effect of foreign investments on the country’s economy. Free Trade Agreements (FTA) with the European Union and being part of ASEAN and WTO gives a great opportunity for trading. Vietnam has the BTA (Bilateral Trade Agreement) with the USA and has access to American Market.

Vietnam offers low expenses apartment rates, food costs even in expensive restaurants lower than in a cheap cafe in Europe. Salary for employees is lower as well but they are very young and skilled people.

Vietnam is a well-known tourist spot. You can always travel around on your weekends and explore new beautiful destinations. Long coastline brings opportunities for shipping worldwide.

Dia / Digital Advice will do the company formation and open a bank account in Thailand for you fast. If you need a company with a bank account in the same country, Thailand will be a good option.

The board of investments in Thailand offers tax exemption and benefits for import. Thailand has free trade agreements with China, India, Australia, South Korea, Japan, and New Zealand. 

Thailand offers affordable rates for apartments and food, office rental, electricity, and water comparing other developed Asian hubs. Also, you will find well-educated employees with salaries way lower than in Europe. But you need to take a note. Overtime work of your employees will be quite costly.

Weekdays for business and weekends for an amazing journey through the best tourists spots of the country. It will relieve any stress you have got in the office.