Outbound Expansion — Mở rộng ra nước ngoài

Expand Your Vietnamese Business to Hong Kong & Mainland China

One partner. Direct teams on the ground in both markets. No agents, no handoffs — just in-house execution from the same company you already trust in Vietnam.

🇭🇰

Hong Kong

Direct team

🇨🇳

Mainland China

Direct team

🇻🇳

Vietnam

Home base

Why Vietnamese Companies Expand Overseas

International Banking

Access USD and EUR corporate accounts, international wire transfers, and global payment platforms not easily available through Vietnamese banks alone.

Global Brand Credibility

A Hong Kong or Mainland China entity signals international ambition and makes it easier to win contracts with overseas clients and partners.

Cross-Border Trade

Simplify import/export with Mainland China, access bonded warehouse logistics in Hong Kong, and reduce cross-border friction for goods and services.

IP Protection

Register trademarks and IP through the Hong Kong or Mainland China entity for stronger regional and international protection of your brand and technology.

Our Markets

Vietpard's own teams on the ground — the same service standard you know, in every market.

Hong Kong Victoria Harbour skyline
🇭🇰

Hong Kong

Hong Kong Limited Company (有限公司)

Company Formation

  • Hong Kong Limited Company incorporation
  • Registered address (1 year included)
  • Company Secretary (statutory requirement)
  • Business Registration Certificate
  • M&A (Articles of Association) preparation

Banking

  • Corporate bank account application preparation
  • Bank appointment accompaniment
  • Due diligence document support
  • Multi-currency account (HKD/USD/EUR)

Ongoing Compliance

  • Annual Return filing with Companies Registry
  • Business Registration renewal
  • Profits Tax (16.5%) filing advisory
  • Director/shareholder amendments
2–4 weeks
Company incorporation
16.5%
Corporate Profits Tax (territorial)
No FX controls
Free capital movement
Shanghai Pudong skyline across the Huangpu River
🇨🇳

Mainland China

WFOE (外商独资企业) or Representative Office (代表处)

WFOE Setup

  • Wholly Foreign-Owned Enterprise (WFOE) registration
  • Business scope and industry sector advisory
  • Registered capital structuring
  • Articles of Association (Chinese/English)
  • Legal representative & supervisor appointment

Banking & Tax

  • RMB basic account and capital account opening
  • Tax registration (VAT, CIT, payroll tax)
  • Golden Tax System (Fapiao) setup
  • Capital injection and foreign exchange registration

Ongoing Compliance

  • Monthly bookkeeping and tax filings
  • Annual inspection and report filing
  • Representative Office registration (liaison/market research only)
  • Corporate amendments and deregistration
2–4 months
WFOE registration (typical)
25%
Standard CIT rate (15% in certain zones)
1.4 billion
Consumer market access

Hong Kong vs Mainland China — Quick Comparison

Factor 🇭🇰 Hong Kong 🇨🇳 Mainland China
Setup time2–4 weeks2–4 months
ComplexityLowMedium–High
Corporate tax rate16.5% (territorial)25% (15% in zones)
International bankingExcellentGood (RMB focus)
Access to China marketIndirectDirect
FX controlsNoneApplies
Vietpard presenceDirect teamDirect team

Frequently Asked Questions

Vietpard operates its own direct teams on the ground in both Hong Kong and Mainland China — not third-party agents or referral partners. This means consistent service quality, a single point of contact, and full accountability from the same company you work with in Vietnam. You deal with Vietpard throughout; we never hand you off.
A Hong Kong Limited Company gives your business international banking access (USD/EUR accounts), a globally recognised corporate structure, a low 16.5% territorial profit tax, proximity to Mainland China supply chains, and easier global business credibility for winning overseas contracts.
A WFOE (Wholly Foreign-Owned Enterprise) is a fully operational company that can sign contracts, issue RMB invoices (Fapiao), hire staff, and trade in Mainland China. A Representative Office (代表处) can only do liaison and market research — it cannot issue invoices or generate revenue. Most businesses planning to trade directly use a WFOE.
A Hong Kong Limited Company is typically incorporated within 2–4 weeks. Bank account opening takes an additional 2–6 weeks depending on the bank. Our Hong Kong team co-ordinates both in parallel to minimise total setup time.
Yes. Our direct teams in both markets have established relationships with major banks. We prepare the full account-opening documentation, accompany you to bank appointments, and follow up on due-diligence requests. Bank account opening is increasingly scrutinised; professional local support significantly improves success rates and speed.
Direct teams in Hong Kong & Mainland China

Ready to Take Your Business Overseas?

Free initial consultation in Vietnamese, English, or Chinese. Tell us your target market and business type — we'll map out the fastest path to your first entity.

We respond within one business day · Vietnamese, English & Chinese spoken