Hong Kong vs. Singapore vs. Dubai: Global Entity Setup & Payment Gateway Strategy for E-commerce Businesses

The Ultimate Playbook for Cross-Border Sellers and D2C Brands

In the world of global e-commerce, success is no longer just about product sourcing or marketing.
To scale globally, businesses must strategically combine foreign entity setup, payment gateway (PG) integration, and tax efficiency.

Among all jurisdictions, Hong KongSingapore, and Dubai are the top destinations for cross-border sellers looking to streamline payment flows, reduce tax burdens, and gain access to key markets.

This guide compares these three jurisdictions from the perspective of e-commerce businesses and helps you decide where to launch and scale your international operations.

1. At a Glance: Key Factors E-commerce Companies Care About

Category

Hong Kong

Singapore

Dubai

Company Setup Time

5–7 days

3–5 days

5–14 days (Free Zone)

100% Foreign Ownership

✅ (Free Zone preferred)

Setup Cost

Low

Medium

Varies by Free Zone

PG Integration Flexibility

⭐⭐⭐⭐⭐

⭐⭐⭐⭐

⭐⭐⭐

Common PGs

Payoneer,
Stripe, Airwallex

Stripe,
Rapyd, Aspire

Checkout.com,
Telr, Tap

Digital Banking Options

Currenxie, Airwallex

Wise, Aspire

WIO, ZEN

Multi-Currency Support

USD, HKD, EUR, CNY

USD, SGD, EUR

USD, AED

Offshore Tax Exemption

✅ (with claim)

VAT / Sales Tax

None

8%

5%

Corporate Tax Rate

8.25% / 16.5%

17%

9% (some Free Zones exempt)

2. Payment Gateway Strategy: The Engine of Global E-commerce

For cross-border businesses, PG integration is not just about collecting money — it defines your ability to scale globally, manage currencies, and streamline customer checkout experiences.

🔹 Hong Kong: Best for Global PG Integration

  • Supports most global PGs: Payoneer, Stripe, Checkout.com, Airwallex
  • Easier PG approval when entity and bank account match
  • Ideal for Shopify, WooCommerce, Amazon, TikTok Shop
  • Offshore Income Claim allows tax exemption on overseas income

✅ Best for:
Global D2C brands, online marketplaces, cross-border sellers, TikTok Shop operators

🔹 Singapore: Stripe-Friendly and Startup-Oriented

  • Strong fintech ecosystem: Stripe, Rapyd, Aspire, Airwallex
  • Excellent for SaaS, subscriptions, and digital services
  • Digital banking access is smooth and quick
  • Government grants and startup-friendly regulations

✅ Best for:

SaaS, digital content platforms, Southeast Asia-focused e-commerce

🔹 Dubai: Tax-Free + Gateway to the Middle East

  • PGs like Checkout.com, Tap, Telr for regional payments
  • New digital banks: WIO, ZEN, Mashreq Neo Biz
  • Low corporate tax (9%), VAT at 5%, and no dividend or personal income tax
  • Some limitations for connecting with global platforms like Shopify/Stripe

 

✅ Best for:
Arabic-language stores, B2C targeting GCC, Web3 or digital asset businesses

3. PG Settlement Account Infrastructure

Category

Hong Kong

Singapore

Dubai

Global Bank Accounts

HSBC, SCB

DBS, UOB, OCBC

Emirates NBD, Mashreq

Digital Banking

Currenxie, Airwallex

Aspire, Wise

WIO, ZEN

Account Opening Ease

Moderate (strict KYC)

High

Improving

Multi-Currency Settlements

USD, HKD, EUR

USD, SGD

USD, AED

PG–Bank Compatibility

Excellent

Excellent

Limited in global PGs

🔎 Tip: Many PGs (e.g. Stripe, Payoneer) require the entity country to match the bank account country.
Setting up the right jurisdiction enables faster onboarding and lower payment friction.

4. Tax Strategy: Minimize Tax on PG Revenue

TikTok Shop offers native fulfillment services, or you can connect with external 3PL providers

Category

Hong Kong

Singapore

Dubai

Corporate Tax

8.25% (≤HKD 2M), 16.5%

17%

9% (Free Zone exemptions available)

Dividend Tax

None

None

None

VAT

None

8%

5%

PG Revenue Taxation

Exempt if offshore claim approved

Taxable

Taxable

Hong Kong allows businesses to legally reduce tax to 0% on offshore income (subject to approval)

5. Recommended Jurisdictions by Business Type

Business Model

Recommended Jurisdiction

Why

Shopify, Amazon, TikTok Shop Sellers

Hong Kong

Excellent PG integration, multi-currency, low/no tax

Subscription SaaS or Digital Platforms

Singapore

Stripe-optimized, fintech ecosystem

GCC or Middle East-Focused E-commerce

Dubai

Local PG support, VAT registration ease

Holding / Investment Entities

Hong Kong / Singapore

Tax treaty network, investor-friendly

6. How Premia TNC Supports You

With operational offices in all three jurisdictions, Premia TNC offers a comprehensive, one-stop solution tailored for e-commerce businesses:

  • Strategic entity setup for global PG compatibility
  • Assistance with Payoneer, Stripe, Checkout.com onboarding
  • Digital account setup (Airwallex, Currenxie, WIO, etc.)
  • Hong Kong Offshore Income Claim consultation
  • Accounting, compliance, VAT, and tax filing support

Conclusion: It’s Not Just Where You Register — It’s How You Get Paid

Setting up a foreign entity is not about location alone.For e-commerce, the right PG integration, banking infrastructure, and tax efficiencydefine your success.

📌 Hong Kong – Top-tier PG access, offshore tax benefits, digital banking flexibility
📌 Singapore – Fintech-driven, Stripe-friendly, startup ecosystem
📌 Dubai – Tax-friendly, regional PGs, growing infrastructure

Start smart, scale fast.

Let Premia TNC help you set up a future-proof global e-commerce structure.

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