What is specific to Hong Kong companies
A subsidiary or joint venture needs Press Note 3 approval, and a branch or liaison office goes through the RBI with a security review. Map the ownership chain before anything else.
How the Hong Kong side affects the choice
Hong Kong taxes on a territorial basis and generally does not tax foreign dividends or capital gains.
Our services
How S U & CO. helps
We compare the options against the Hong Kong parent's plans and give a written recommendation before any filing.
- Activity and FDI route check
- Tax comparison of subsidiary and branch
- Eligibility check for branch or liaison office approval
- Joint venture shareholding and FEMA pricing points
Questions
Is a branch office a good option for a Hong Kong company?
Only for a narrow, approved activity. A branch is taxed at the foreign company rate and exposes the parent directly, so most groups prefer a subsidiary.
General information as at 5 November 2026, not advice for a particular case. Indian and Hong Kong rules change often; confirm the current position before acting. Hong Kong law points should be confirmed with a Hong Kong adviser.