Case Study

Successful business expansion in the Greater Bay Area: Luce5

Hawksford assists award-winning lighting design specialists Luce5 with expanding their business into the Greater Bay Area

Expanding into Greater Bay Area: Luce5

Client Profile and Industry

  • Our client, Luce5 is an Italian company that specialises in lighting design and for over 20 years has been collaborating with leading companies, architects, and professionals in the luxury market by developing, producing, and installing high-quality lighting fixtures. 
  • Luce5 offers worldwide installation, assistance, and maintenance for its lighting systems. Specializing in worldwide construction of retail spaces with unique lighting and features. 

Client's Objective 

  • Luce5 is headquartered in Italy and was looking for a professional service provider who could help them expand their business activities into the Greater Bay Area, including Hong Kong and Shenzhen, and assist with administrative and financial services.

Jurisdictions 

  • Hong Kong and Shenzhen

Our Solution  

  • Thanks to the help of our highly experienced professionals here at Hawksford we were able to firstly set up a Hong Kong company for Luce5 and then establish a trading WFOE in Shenzhen so that they could operate their business across the border and process intercompany transactions with ease.
  • Facing tax issues as most companies usually do being new to China, we are able to assist Luce5 with issuing Fapiao's to their clients, and our highly knowledgeable taxation department were also able to help Luce5 with local tax compliance and regulatory requirements.
  • Having done such an excellent job in setting up a WFOE and dealing with cross-border payment for Luce5, they then decided to outsource their whole administrative duties in China to us.

Services Provided

  • Accounting and bookkeeping
  • Tax compliance 
  • Payroll services
  • Bank and treasury management 
  • Management of business licenses and chops 

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