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 SU and Company 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.