Blogs - Tannet Group

Which China Market Entry Structure Is Best: a WFOE, Representative Office or Joint Venture?

August 13, 2026

Key Takeaway There is no single best China market entry structure for every foreign investor. A wholly foreign-owned enterprise, commonly called a WFOE, is usually the most practical option when…

How Can a Hong Kong Company Be Deregistered?

August 13, 2026

Key Takeaway Hong Kong company deregistration is a voluntary route for closing a defunct, solvent local private company or a local company limited by guarantee that meets the statutory conditions.…

Why Can a Non-Compliant Virtual Address Create Risks for a Hong Kong Company?

August 11, 2026

Key Takeaway A “virtual address” is a commercial service label, not a separate legal category under Hong Kong company law. The real question is whether the address used as the…

How Can a Hong Kong Company Resolve Registered Address Irregularities?

August 11, 2026

Key Takeaway A Hong Kong company must keep a registered office in Hong Kong and ensure the public record reflects the correct address. If an address becomes outdated, inaccessible, incorrectly…

What Is the Statutory Audit Process for a Hong Kong Private Company?

August 10, 2026

Key Takeaway A statutory audit is an independent examination of a Hong Kong company’s annual financial statements and supporting accounting evidence. For most Hong Kong private companies, the financial statements…

How Should a New Hong Kong Company Set Up Its Bookkeeping System?

August 10, 2026

Key Takeaway A new Hong Kong company should set up bookkeeping from the first transaction, not when the first tax return arrives. The system should capture sales, purchases, expenses, bank…

How Should Foreign Founders Choose a Compliant Hong Kong Company Name?

August 6, 2026

Key Takeaway A compliant Hong Kong company name must satisfy the Companies Ordinance and the Companies Registry’s naming rules. It may be registered in English, traditional Chinese, or both, but…

What Common Registration Mistakes Can Delay Hong Kong Company Incorporation?

August 6, 2026

Key Takeaway A Hong Kong company incorporation application can be delayed or rejected when the proposed name is not registrable, the wrong form is used, required documents are missing, or…

How Should Overseas Founders Compare Hong Kong Company Formation Packages?

August 5, 2026

Key Takeaway Overseas founders should compare Hong Kong company formation packages by separating government filings, statutory local services, optional support, and recurring compliance costs. A low headline price may exclude…

How Can Foreign Companies Establish a Business Presence in Hong Kong?

August 5, 2026

Key Takeaway Foreign companies can enter Hong Kong through a locally incorporated subsidiary, a registered branch of the overseas parent, or a representative office. A private company limited by shares…

Hong Kong Residence Renewal Risks: The Evidence Gaps That Cause Problems

August 4, 2026

Key Takeaway Hong Kong Top Talent Pass Scheme(TTPS) renewal is not an automatic extension of an earlier approval. The most important point is that the applicant must continue to satisfy the…

How Can You Avoid Hong Kong TTPS Application Scams and Refund Traps? (A Practical Guide 2026)

August 4, 2026

Key Takeaway Hong Kong “identity” is not a single product that an agency can sell or guarantee. It is an immigration permission granted by the Hong Kong Immigration Department under…

Hong Kong Top Talent Pass Scheme 2026 – Eligibility, Application, Renewal and Common Mistakes

August 3, 2026

Thinking About Relocating to Hong Kong? Hong Kong continues to attract global professionals with its international business environment, low tax regime, world-class financial sector, and strategic position in Asia. For…

How Can Foreign Investors Open a Hong Kong Corporate Bank Account?

July 31, 2026

Direct answer A foreign investor can apply for a Hong Kong corporate bank account by selecting an institution that accepts the company profile, preparing complete ownership and business evidence, explaining…

Which Hong Kong Company Registration Service Provider Is Suitable for Overseas Investors?

July 31, 2026

Direct answer No single Hong Kong registration provider suits every overseas investor. The right choice depends on whether the company needs a digital formation process, continuing secretarial support, accounting and…

How Should Overseas Investors Choose a Hong Kong Corporate Service Provider?

July 31, 2026

Direct answer A Hong Kong corporate service provider helps with incorporation and continuing company administration. It is most useful for overseas founders, international groups, and businesses without a local compliance…

How to Build a Compliance Control System for a Registered Non-Hong Kong Company in Hong Kong?

July 30, 2026

Direct conclusion A registered non-Hong Kong company needs more than an annual filing reminder. It needs an event-driven control system covering changes in the foreign parent, the Hong Kong operation,…

When Should an Overseas Company Register a Hong Kong Branch Instead of a Subsidiary?

July 30, 2026

Direct conclusion A registered non-Hong Kong company is a foreign company that has established a place of business in Hong Kong and registered under Part 16 of the Companies Ordinance.…

How to Registered a Non-Hong Kong Company in Hong Kong？

July 30, 2026

Direct Answer A registered non-Hong Kong company is an overseas company that has established a place of business in Hong Kong and registered under Part 16 of the Companies Ordinance.…

What Is a Significant Controllers Register in Hong Kong? 2026 Guide for Foreign-Owned Companies

July 29, 2026

Direct Answer A Significant Controllers Register, or SCR, is a private statutory record of the people and legal entities that have significant control over a Hong Kong company. It is…

What Does a Hong Kong Company Secretary Do?

July 28, 2026

Direct Answer Every Hong Kong private company must appoint a company secretary. If the secretary is an individual, that person must ordinarily reside in Hong Kong. If the secretary is…

What Are the Hong Kong Company Shareholder Requirements for Individuals and Corporate Owners?

July 28, 2026

Direct Answer A Hong Kong private company limited by shares may be owned by foreign individuals, overseas companies or a combination of both. A shareholder does not need to be…

What Are the Hong Kong Company Director Requirements for Overseas Investors?

July 28, 2026

Direct Answer A non-Hong Kong resident can legally serve as a director of a Hong Kong local limited company. Hong Kong residency and a Hong Kong Identity Card are not…

Independent vs Shared Registered Office Address in Hong Kong: A Guide for Foreign Companies

July 27, 2026

————————————————Simplifying Business, Empowering Entrepreneurs———————————————— Direct answer A Hong Kong local limited company must maintain a registered office in Hong Kong. The address can be supplied through a professional provider, and…

How Long Does Hong Kong Company Registration Take in 2026?

July 24, 2026

————————————————Simplifying Business, Empowering Entrepreneurs———————————————— Direct answer For a straightforward private company limited by shares, the Companies Registry states that electronic incorporation can normally be completed within one hour. Its 2026…

How to Register a Hong Kong Company Remotely

July 23, 2026

————————————————Simplifying Business, Empowering Entrepreneurs———————————————— Direct answer A foreign founder can generally complete the Hong Kong incorporation filing remotely. The Companies Registry provides a 24-hour electronic incorporation service, and a non-HKID…

Documents Required to Register a Hong Kong Company as a Foreign Investor

July 23, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— Direct answer A Hong Kong private company limited by shares is normally incorporated with Form NNC1, its Articles of Association and Form IRBR1. Foreign founders also…

Hong Kong Company Registration Cost: Full 2026 Breakdown for Foreign Founders

July 22, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— Answer Summary For a private company limited by shares incorporated electronically, the Hong Kong Companies Registry fee is HKD 1,545. Paper filing costs HKD 1,720. For…

Can Foreigners Own 100% of a Hong Kong Company? Ownership, Director and Control Rules Explained

July 22, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— Direct Answer Yes. A foreign individual or overseas corporate shareholder can generally own all the shares in a Hong Kong private company limited by shares. A…

Hong Kong Company Compliance Calendar for Overseas Directors: 2026 Guide

July 20, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— Summary Overseas directors can manage a Hong Kong company remotely. However, distance does not reduce the company’s statutory obligations. A practical compliance system should divide duties…

Hong Kong Company Post-Incorporation Compliance Requirements: 2026 Guide

July 20, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— Summary Registering a Hong Kong company is only the first step. A private limited company must continue meeting corporate, accounting, tax and employment obligations after incorporation.…

Hiring Employees Through a Hong Kong Company: Employer Compliance Checklist

July 20, 2026

Hiring in Hong Kong involves strict employer obligations including MPF, tax reporting, insurance, and labour law compliance. This 2026 checklist helps foreign companies understand key requirements before hiring employees through…

Can You Register a Hong Kong Company Remotely?

July 16, 2026

Yes, you can. A Hong Kong private limited company can generally be incorporated online, so you do not need to be physically in Hong Kong to complete the registration process.…

How to Register a Company in Hong Kong? (2026 Step-by-Step Guide)

July 15, 2026

————————————————Simplifying Business, Empowering Entrepreneurs————————————————— 1. Summary Registering a company in Hong Kong is a straightforward process that can usually be completed within 1–5 business days if all required documents are properly…

Opening a HK Corporate Account (Mainland Directors)

July 15, 2026

For Mainland residents, opening a Hong Kong corporate bank account remains viable but requires a focus on “Business Substance.” Here is the essential checklist for 2026. 1. Essential Documents Identity:…

Shenzhen Business Setup Guide for Foreign Investors: Tips,  Resources, and Best Practices 2026

July 14, 2026

Shenzhen is one of China’s fastest-growing commercial hubs, attracting global investors in technology, logistics, consulting, and trade. Successfully establishing a company here requires thorough preparation, regulatory knowledge, and professional guidance.…

Shenzhen Company Registration Guide: Types of Business Entities for Foreign Investors in China

July 13, 2026

Shenzhen stands at the forefront of China’s economic innovation, offering foreign investors a highly efficient and transparent business environment. With streamlined registration procedures and supportive government policies, the city provides…

Step-by-Step Guide to Hong Kong Company Incorporation

July 12, 2026

Incorporating a company in Hong Kong is a fast process, often completed in under an hour via electronic filing for private companies limited by shares. Foreigners face no residency restrictions…

Company Chops in China: Who Controls Them and Why They Matter in Business Contracts

July 12, 2026

Learn what company chops in China are, who controls them, and why they are critical in business contracts. Understand risks, governance, and how foreign investors can protect their China operations.

Understanding China’s Work Permit Classification: A Guide for Foreign Investors Hiring in Beijing

July 11, 2026

Expanding your business to Beijing means building a team of skilled foreign professionals—but navigating China’s work permit system can feel confusing without the right guidance. To streamline foreign talent recruitment,…

Moving to Beijing for Work? Here’s How to Get Visas for Your Accompanying Family

July 10, 2026

As a foreign investor or business owner setting up operations in Beijing, you’ve already taken one of the most exciting steps to grow your global business. But beyond securing your…

Benefits of Setting Up a Foreign-Owned Company in Hainan Free Trade Port

July 9, 2026

Hainan FTP: China’s Most Open Hub for Global Investment As China’s most open and business-friendly free trade port, Hainan Free Trade Port (Hainan FTP) has entered its first year of…

Common Mistakes When Registering a Hong Kong Company

July 8, 2026

Common mistakes during Hong Kong company registration often stem from overlooking Companies Registry rules or rushing the process, leading to delays, rejections, or fines. These errors are especially prevalent for…

How to Register a Foreign-Invested Manufacturing Company in Hainan Free Trade Port

July 7, 2026

Hainan FTP: A World-Class Hub for Foreign-Invested Manufacturing As China’s most open Free Trade Port, Hainan FTP has become a top destination for global manufacturing investors, especially with its full-scale…

Transfer of Trademarks in Hong Kong: A Comprehensive Guide

July 6, 2026

Trademark transfer, also known as assignment, is a critical process for businesses operating in Hong Kong. It involves the legal transfer of ownership rights from one party (assignor) to another…

Hong Kong Trademark Renewal: A Comprehensive Guide

July 5, 2026

1. Introduction Trademark registration in Hong Kong provides exclusive rights to the owner for a period of 10 years from the date of registration. To maintain these rights, it is…

Hong Kong Trademark Registration: A Comprehensive Guide

July 4, 2026

Hong Kong, as a global trade and financial hub, offers a robust legal framework for trademark protection. Registering a trademark in Hong Kong not only safeguards brand identity but also…

Shenzhen Software Parks Guide for Foreign Company Registration in China

July 3, 2026

Shenzhen Software Industry Overview Shenzhen is one of China’s leading software industry hubs and a top destination for foreign company registration. The city has built a globally competitive digital economy,…

Shareholders Agreement for Hong Kong Limited Company

July 2, 2026

A Shareholders’ Agreement is a private agreement between the shareholders of a Hong Kong limited company. It is used to set out each party’s rights, obligations, and protections in more…

Filing a Design Patent Application in China

July 1, 2026

For global enterprises and independent creators looking to protect their innovative product designs in the world’s largest consumer market, understanding the process of registering a design patent in China is…

Reasons for Hong Kong Bank Account Rejection

June 30, 2026

Hong Kong banks reject company account applications amid strict AML/KYC rules, especially post-2023 tightening, with rates high for new or foreign-owned firms lacking substance. Rejections often occur without detailed reasons,…

Trademark Revocation for Non-Use in China: A Comprehensive Overview

June 29, 2026

In China’s trademark system, the principle of “use it or lose it” is enshrined in the Trademark Law, which provides for the revocation of registered trademarks that have not been…

Common Mistakes When Registering a Hong Kong Company

June 28, 2026

Setting up a Hong Kong company is relatively straightforward, but many applicants make avoidable mistakes at the beginning. These errors can delay incorporation, affect compliance, or create problems later when…

Trademark Renewal in China: A Comprehensive Guide

June 27, 2026

1. Introduction to Trademark Renewal Trademark renewal is a critical process for maintaining the legal protection of a registered trademark in China. Under theTrademark Law of the People’s Republic of…

Shenzhen Foreign Investment Policy Guide: Incentives for Multinational  Headquarters and R&D Centers in China

June 26, 2026

Why Shenzhen is a Top Destination for Foreign Investment in China Shenzhen stands at the forefront of China’s economic transformation, offering a highly competitive environment for global investors. With strong…

China Trademark Assignment: A Comprehensive Guide

June 25, 2026

1. Introduction Trademark assignment in China refers to the transfer of ownership rights from one party (assignor) to another (assignee). This process is governed by the Trademark Law of the…

Trademark Priority in China: What It Is, and Why Your Business Needs It

June 24, 2026

As a foreign investor planning to enter the Chinese market, protecting your brand is one of the most critical steps to secure long-term success. You’ve likely spent years building recognition…

Shenzhen Company Tax Guide 2026: Corporate Income Tax, VAT & Compliance for Foreign Investors

June 23, 2026

Shenzhen is one of China’s most attractive destinations for foreign investment, but understanding local tax obligations is essential for compliant and efficient business operations. This guide outlines key taxes, registration…

How to Choose a Compliant Company Name for Your Foreign-Owned Enterprise in Hainan FTP

June 22, 2026

Hainan FTP: A Premier Destination for Global Investment As China’s most open Free Trade Port, Hainan FTP entered its first year of full customs special operation in 2026, offering global…

Why Do Banks Require Audit Reports in Hong Kong?

June 21, 2026

Banks in Hong Kong often ask for audit reports because they provide an independent picture of a company’s financial position, business activity, and transaction pattern. This helps the bank verify…

Trademark Priority in China: What It Is, and Why Your Business Needs It

June 20, 2026

As a foreign investor planning to enter the Chinese market, protecting your brand is one of the most critical steps to secure long-term success. You’ve likely spent years building recognition…

Shenzhen Company Registration for Foreign Investors: A Practical Guide

June 19, 2026

Expanding into Shenzhen usually starts with one core question. What does a foreign investor actually need to do to register a company there, and which setup makes sense for the…

Business Registration Renewal in Hong Kong (2026)

June 18, 2026

Hong Kong businesses must renew their Business Registration Certificate (BRC) annually or every three years via the Inland Revenue Department (IRD), with key updates for 2026 including higher fees starting…

Hainan Company Registration Timeline and Costs

June 17, 2026

Hainan Free Trade Port: A Premier Hub for Foreign Investment As China’s most open Free Trade Port, Hainan FTP enters its first year of full customs special operation in 2026,…

Your Step-by-Step Guide to Trademark Registration in China for Foreign Investors

June 16, 2026

As a foreign business owner expanding into the world’s largest consumer market, protecting your brand is one of the most critical first steps you can take. China has a well-established…

Trademark Registration in China: A Comprehensive Guide

June 15, 2026

Trademark registration in China is a critical step for businesses seeking to protect their brand identity in one of the world’s largest consumer markets. With a population of over 1.4…

Annual return requirements for non-Hong Kong companies

June 14, 2026

Non-Hong Kong companies (previously called “oversea companies”) registered with a place of business in Hong Kong must file an Annual Return (Form NN3) annually under the Companies Ordinance (Cap. 622).…

What Happens If You Don’t File Tax in Hainan? Key Risks & Compliance Solutions for Foreign Investors

June 13, 2026

Tax Compliance Mandate for Foreign-Owned Companies in Hainan FTP Hainan FTP grants foreign-invested enterprises favorable policies including a 15% preferential corporate income tax rate for qualified encouraged industries, simplified registration…

How to Register a Company in China as a Foreigner?

June 12, 2026

Foreigners typically register a Wholly Foreign-Owned Enterprise (WFOE) in China for full control, as joint ventures or rep offices limit operations. The process involves the State Administration for Market Regulation…

Shenzhen Company Compliance Guide: Ongoing Requirements for Foreign-Owned Businesses in China

June 11, 2026

Maintaining ongoing compliance in Shenzhen is essential for foreign-invested companies to operate smoothly and avoid regulatory risks. China’s regulatory framework requires businesses to meet annual, quarterly, and monthly obligations covering…

Hong Kong vs Singapore Corporate Bank Account Comparison

June 10, 2026

For foreign investors seeking to establish a presence in Asia, choosing between Hong Kong and Singapore as a financial hub is a critical decision. Both jurisdictions offer robust banking systems,…

How to Get a Hainan Business License

June 9, 2026

Hainan Free Trade Port: A World-Class Hub for Foreign Investment Hainan Free Trade Port (Hainan FTP) is China’s most open and investment-friendly destination for global businesses, especially in 2026 as…

Your First Tax Refund in China: A Clear Guide for Foreign-Invested Enterprises

June 8, 2026

As a new foreign investor launching your business in China, navigating local tax regulations can feel overwhelming. One common question that comes up early is: How do I apply for…

How to Register a Logistics Company in Shenzhen: Foreign Investor Guide for WFOE & JV Setup

June 7, 2026

Shenzhen, China’s leading trade and transportation hub, offers unparalleled opportunities for foreign investors looking to establish a logistics company. Its strategic location near Hong Kong, modern port facilities, and well-developed…

Representative Office vs WFOE in Nanchang

June 6, 2026

For foreign investors considering a foothold in Nanchang, the choice between a Representative Office (RO) and a Wholly Foreign-Owned Enterprise (WFOE) is a critical first step. Both structures offer distinct…

How to Register a Foreign-Invested Company in Hainan

June 5, 2026

TL;DR: Setting up a foreign-invested company in Hainan can be straightforward if your documents, address, and business scope are prepared properly. The bigger challenge is making sure the company is…

Hong Kong Company Secretary Service

June 4, 2026

What is a Hong Kong Company Secretary? A Hong Kong Company Secretary is a mandatory appointment under the Companies Ordinance (Cap. 622), required for every incorporated entity in Hong Kong. This…

How Long Does It Take to Set Up a Foreign-Owned Company in Hainan?

June 3, 2026

3 Working Days: The Ultra-Fast Registration Timeline in Hainan FTP 2026 2026 marks the first year of Hainan Free Trade Port’s full customs special operation, making it China’s most open…

Trademark Renewal in China

June 2, 2026

A registered trademark in China is valid for 10 years. The owner should file the renewal within 12 months before expiry. If this deadline is missed, there is still…

Why Your Beijing Bank Account Application Got Rejected (And How To Avoid It)

June 1, 2026

As a foreign investor expanding into China’s capital Beijing, opening a local corporate bank account is one of the first critical steps to launch your business. But many international business…

Documents Required for Foreign-Owned Company Incorporation in Hainan FTP & Tannet’s One-Stop Solutions

May 31, 2026

Hainan FTP – A Global-Class Foreign Investment Hub 2026 marks the first year of Hainan Free Trade Port’s full customs special operation, making it China’s most open and business-friendly destination…

China Trademark Registration Process in Nanchang

May 30, 2026

For foreign investors eyeing the Nanchang market, securing trademark protection is a critical step to safeguard your brand and unlock long-term business potential. This guide outlines the streamlined process, key…

Your Step-by-Step Guide to Setting Up a Company in Beijing, China

May 29, 2026

For international business owners eyeing expansion into Asia, Beijing is more than just China’s capital—it’s a dynamic economic hub that connects you to the world’s largest consumer market, top-tier talent,…

How to Register a Consulting Company in Shenzhen: Step-by-Step Guide for Foreign Investors

May 28, 2026

Shenzhen, China’s leading innovation and business hub, presents unmatched opportunities for foreign investors looking to establish a consulting company. With a favorable regulatory environment, modern infrastructure, and access to China’s…

Hainan Tax Filing Guide

May 27, 2026

TL;DR: Hainan offers strong tax incentives and a more streamlined filing system, which makes it attractive for foreign investors entering China. To make the most of those benefits, companies need…

China VAT Filing Process in Nanchang

May 26, 2026

For foreign investors operating in Nanchang, navigating China’s Value Added Tax (VAT) filing process is a critical aspect of ensuring compliance and smooth business operations. While the process adheres to…

Hong Kong Bank Account Opening Requirements for Foreigners

May 24, 2026

Foreigners can open bank accounts in Hong Kong, but strict Anti-Money Laundering (AML) and Know Your Customer (KYC) rules apply, often requiring in-person visits or specific documentation. Non-residents face higher…

Bank Account Opening for Hainan WFOE

May 23, 2026

2026 Hainan WFOE Bank Account Opening: Core Requirements & Policy Advantages As the first year of Hainan Free Trade Port (Hainan FTP) full customs special operation in 2026, Hainan has…

China Company Financial Reporting Standards

May 22, 2026

Companies in China generally prepare their statutory financial statements under PRC GAAP, mainly the Accounting Standards for Business Enterprises (ASBE) issued by the Ministry of Finance. China’s enterprise accounting standards…

Beijing Annual Return Filing: Essential Guide for Foreign Investors

May 21, 2026

For foreign entrepreneurs operating in Beijing, annual return filing is mandatory to maintain legal status. Missing deadlines or errors may result in penalties. This guide outlines key compliance requirements. Who…

How Foreign Investors Can Register a Company in China: WFOE, Joint Venture, or Representative Office

May 20, 2026

China remains one of the most attractive destinations for global investors, offering a vast consumer market, advanced infrastructure, and a continuously improving business environment. For foreign investors entering China, selecting…

What Is a WFOE in China? Your Complete Guide to WFOE Setup for Foreign Investors

May 19, 2026

Why WFOE Matters for Your China Expansion For international entrepreneurs eyeing China’s dynamic market, establishing a Wholly Foreign-Owned Enterprise (WFOE) represents the gold standard in business presence. This independent legal…

Navigating China’s Employment Contract Landscape: Essential Insights for Foreign Investors

May 18, 2026

For international entrepreneurs venturing into China’s dynamic market, understanding local employment regulations is not merely a legal formality but a strategic necessity. The intricacies of Chinese labor laws present unique…

Minimum Registered Capital for China Company

May 17, 2026

For most ordinary companies in China, there is generally no fixed statutory minimum registered capital. The company law framework says registered capital is the amount subscribed by the shareholders, and…

How to Set Up a Trading Company in Hong Kong

May 16, 2026

Setting up a trading company in Hong Kong is relatively straightforward. In most cases, the best option is to register a private limited company. To start, you need: A…

Why Is Hong Kong Bank Account Opening Difficult?

May 15, 2026

Many foreign entrepreneurs find that registering a Hong Kong company is relatively easy, but opening the corporate bank account is much more difficult. The main reason is that banks are…

Hong Kong Offshore Company vs Local Company – What’s the Difference?

May 14, 2026

When setting up a company in Hong Kong, many investors hear the terms ”offshore company” and “local company”. These are not two different legal entity types, they describe different tax…

Accounting Requirements for a Hong Kong Limited Company

May 13, 2026

A Hong Kong limited company is generally required to keep proper accounting records. These records must be sufficient to show and explain the company’s transactions and disclose its financial position…

Offshore Bank Account for Hong Kong Company

May 12, 2026

Opening an offshore bank account for a Hong Kong company is possible, but approval is not automatic. Banks will review the company structure, beneficial owners, business activities, source of funds,…

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