A software company needs clarity about intellectual property, delivery and the people doing the work. A Hong Kong legal entity can hold contracts and assets, but those rights should be documented rather than assumed from the incorporation date.
Establish ownership of the product Review founder, employee and contractor agreements. Identify who owns existing code, new development and third party components. A supplier invoice for development does not necessarily answer every intellectual property question.
Separate revenue models Custom development, licence sales, SaaS subscriptions and support retainers create different delivery and payment patterns. Describe the actual mix to financial providers and accountants. Do not use a subscription explanation for a business mainly selling large bespoke projects.
Record acceptance and milestones For project work, define deliverables, testing, acceptance and change requests. Keep approvals and communications so the company can explain why an invoice was earned. This supports both collections and dispute handling.
Review the international footprint Document where development and management occur and how related businesses or contractors are paid. Tax source, payroll and local business obligations require attention where the work takes place.
For a founder commissioning a product before incorporation, arrange the legal transfer or licence of relevant rights to the company where appropriate. Otherwise the entity selling the product may not have the clear ownership record the founder expects.
Build the operating file around contracts, rights and delivery evidence. It will be more useful for account applications and future investment than a generic statement that the company sells technology globally.
Sources and scope
General information, not advice for your individual legal or tax position. Confirm current requirements with the relevant authority or provider.