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Hong Kong Ltd · via Sleek (Singapore)·🇪🇸Founder profile

Incorporating a Hong Kong Limited Company for Spanish Consultants

VerifiedJul 2026
EligibilityEligible
Setup timeline14–45days
Year-1 total$1,499

Spanish consultants can incorporate a Hong Kong Limited company to manage international operations under a territorial tax regime. This structure requires compliance with both Hong Kong Companies Ordinance and Spanish tax residency obligations.

Using Sleek as a corporate service provider facilitates the registration process and ongoing statutory compliance for non-resident founders.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$2,398
$99.92/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupSleek (Singapore) setup
    $1,499
  • AnnualYear 2 renewal
    $899.00
Total$2,398
§ 02Tax residency · Spanish Nomad Consultants

What the tax authority sees

US federal / local status

Hong Kong operates a territorial tax system with a two-tier profits tax regime of 8.25% on the first HKD 2 million of assessable profits and 16.5% thereafter.

Home-country rule

Beckham Law regime; autónomo alternative comparison

Editorial verdict

Consultants under the Beckham Law should verify if HK-sourced income offsets Spanish tax liability; ensure your HK Ltd maintains offshore status to avoid local tax exposure.

Key compliance risks
  • 01CFC rules under Spanish tax law may trigger tax on undistributed profits
  • 02Difficulty opening corporate bank accounts for non-resident directors
  • 03Requirement to maintain a local registered office and company secretary
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01FilingSleek (Singapore) submits formation docs
d0–d16
02Tax ID / EINLocal tax authority registration
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

Hong Kong Ltd vs UAE Free Zone (MEYDAN)

Hong Kong Ltd
Ltd
UAE Free Zone (MEYDAN)
Free Zone LLC
Entity
Ltd
Free Zone LLC
Setup cost
$64.00
$1,306
Annual
$384.00
$1,306
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
8.25% first HKD 2M profit; territorial system
9% CT above AED 375k; 0% VAT for out-of-UAE trade
§ 05Questions founders actually ask

FAQ

The Beckham Law applies to individuals who become Spanish tax residents. It allows for taxation as a non-resident for six years. Your Hong Kong company is a separate legal entity and does not qualify, but your personal income derived from it may be subject to the special tax rate.
Next step

Start filing with Sleek (Singapore)

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.