Hongkong is an international city with advanced information, and the freest harbor for trading in the world. It provides wonderful business situations for entrepreneurs and businessmen. At present, more and more inland businessmen set up their companies in Hongkong for different objects. The benefits to set up Hongkong Company are as follows:
Hongkong is an international city with advanced information, and the freest harbor for trading in the world. It provides wonderful business situations for entrepreneurs and businessmen. At present, more and more inland businessmen set up their companies in Hongkong for different objects. The benefits to set up Hongkong Company are as follows:
1. Free to Choose the Name of the Company
no matter how much is the register capital, the Hongkong government allows the names of the company to include the words such as international, group, holding, industry, investment, enterprise, association, chamber of commerce, united group, foundation, association for promotion, center and etc..
2. Little Restriction of the Business Areas
Electrical equipment, electronic, chemistry, light industry, machinery, instrument, clothing, textile, jewelry, treasury, medicine, shipment, transportation, import and export, trade, house estate, architecture, decoration, information, website, tourist, college, publication, association, research institution and other hi-tech industry. All these can be businesses.
3. Great Development in Low Taxation Environment
The taxation in Hongkong is very low, and that is why a lot of organizations avoid taxation reasonably by the benefit of Hongkong taxation. When setting up companies in Hongkong, you only need to pay two kinds of taxation: one is the stamp tax of the registered capital, which is decided by the actual registered capital and its rate is 0.001. the other is the income tax, which is decided by the actual profit, and its rate is 17.5%.
4. Modicum Registered Capital and No need of Inspection
The registered capital often directly influences the shareholders’ decision of setting up enterprises. In Hongkong, no matter how much is the registered capital; the enterprise needn’t send the fund to Hongkong banks.
5. Easy to Get the International Credit
It is known to all that Hongkong is the economic and financial center in Asia, every street of which has banks. Credit is the basis to develop international businesses, and you can do finance by this financial center after getting the credit, or you can directly open the L/C to foreign enterprises and do big businesses with less fund.
6. In-and-out Freedom of People, Materials and Funds
Hongkong is the freest and most flourish harbor in the world, whose infrastructure is excellent. The in-and-out of people, materials and funds are free. Hongkong has signed treaties with more than 100 countries for people coming to and leaving Hongkong without signing visa. When goods are imported and exported, they can be free of tax and the logistics from sea, land and air will be managed very quickly.
7. Taking the advantage of Hongkong’s popularity and establishing Hongkong brand
Because of the notability of Hongkong’s international status, the following-up enterprises often like to package their own enterprises by taking the advantage of Hongkong popularity, i.e. the Hongkong’s clothes, toys, culture, publishes and so on have some competitive advantage in the world.
8. Doing Best to Get the Inhabitant Right in Hongkong
If your enterprises have done contributions to Hongkong, you can apply to the people’s inbound affairs office of Hongkong to arrange the visa for doing businesses. If people have inhabitanted in Hongkong for 7 years, they can get the eternal inhabitation right in Hongkong.