HK Ltd via Osome SG — Turkish Crypto Traders
Turkish crypto traders form HK Ltd companies to access HK banking (HSBC, Standard Chartered, virtual banks) and territorial taxation. Osome handles formation, company secretary, and IRD filings for HKD 9,800+/year.
Under HK's territorial system, IRD taxes only HK-source profits at two-tier 8.25% (first HKD 2M) / 16.5% above. Offshore claims possible with substance evidence.
Regulated crypto services in HK require SFC Virtual Asset Trading Platform (VATP) licensing. Turkish KVK Article 3 risk applies unless effective management genuinely moves to HK.
Model the full outlay, not just the setup fee
- SetupOsome (Singapore) setup$1,650
- AnnualYear 2 renewal$1,080
What the tax authority sees
Hong Kong Ltd applies territorial taxation: IRD taxes only HK-source profits at two-tier 8.25% (first HKD 2M) / 16.5%; SFC and HKMA regulate virtual asset activities.
Türkiye kripto vergi taslak 2025; USD hedging use-case
HK Ltd suits Turkish crypto traders needing HK banking; SFC VATP licensing may apply to virtual asset services.
- 01KVK Article 3 PE risk if effective management remains in Türkiye
- 02HK IRD two-tier 8.25%/16.5% on HK-source profits
- 03SFC Virtual Asset Trading Platform (VATP) license required for regulated virtual asset services
- 04HK banks tighten KYC on crypto-related businesses
From filing to funded bank account
Hong Kong Ltd vs UAE Free Zone (MEYDAN)
FAQ
HK banks tightened KYC on crypto-linked activities post-FTX. HSBC and Standard Chartered often refuse. Virtual banks (Mox, WeLab, ZA Bank) more accepting but with transaction pattern scrutiny. Osome can pre-brief but no guarantee.
Start filing with Osome (Singapore)
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.