Compare jurisdictions side by side
See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. United States is a good fit for Amazon, Stripe, Shopify, US clients. United Kingdom is a good fit for UK and international trading, low running cost. Hong Kong is a good fit for trade with China & Asia, territorial tax.
| Comparing3 jurisdictions | United States | United Kingdom | Hong Kong |
|---|---|---|---|
Onshore · LLC or C-CorporationUS$890Year 1 all-inStart in United States+ US Form 5472 filing US$899 a year, quoted separately | Onshore · Private Company LimitedUS$1,690Year 1 all-inStart in Hong Kong+ Hong Kong audit from US$1,400 a year, quoted separately | ||
| Cost | |||
| Year 1 all-in | United StatesUS$890 | United KingdomUS$690Lowest | Hong KongUS$1,690 |
| From year 2 | United StatesUS$490+ US Form 5472 filing US$899 a year · + state annual fee (varies) | United KingdomUS$390 | Hong KongUS$1,190+ Hong Kong audit from US$1,400 a year |
| 3-year cost (Starter) | United StatesUS$1,870+ US Form 5472 filing US$899 a year · + state annual fee (varies) | United KingdomUS$1,470 | Hong KongUS$4,070+ Hong Kong audit from US$1,400 a year |
| Tax & reporting | |||
| Headline tax | United StatesPass-through | United Kingdom19% / 25% | Hong Kong8.25% / 16.5% |
| Annual audit | United StatesNoBest | United KingdomIf not small | Hong KongYes |
| Public register | United StatesLimited | United KingdomPublic | Hong KongDirectors and shareholders public; SCR not public |
| Setup | |||
| Type | United StatesOnshore | United KingdomOnshore | Hong KongOnshore |
| Entity | United StatesLLC or C-Corporation | United KingdomPrivate Limited (Ltd) | Hong KongPrivate Company Limited |
| Minimum directors | United States1 | United Kingdom1 | Hong Kong1 |
| Legal system | United StatesCommon | United KingdomCommon | Hong KongCommon |
| Time to form | United States3–7 business days | United Kingdom1–2 business days | Hong Kong1–2 business days |
| Best for | United StatesAmazon, Stripe, Shopify, US clients | United KingdomUK and international trading, low running cost | Hong KongTrade with China & Asia, territorial tax |
Ask about this comparison
AI answers from OCC’s published prices & facts · no sign-upWhich one for your situation
You need a business bank account soon
Any of them can work. We introduce you and prepare the application; the bank decides.
You want a lower running cost
United Kingdom, from US$390 a year based on published year-2 prices.
You only hold shares or other assets
Any of them can hold assets. Your home country may still tax the income, so check that first (confirm with your specialist).
You need it fast
United Kingdom, typically 1–2 business days after KYC approval.
General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.