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What are the benefits for mainland companies to set up in Hong Kong?

Released Date: Jul 06,2022 Article Source: HUANZE

Hong Kong has a low corporate tax rate and few types of taxes. Hong Kong offshore company basic tax is Hong Kong company profits tax only, and Hong Kong company profits tax is paid only if Hong Kong company profits, and the first profit200Ten thousand Hong Kong dollars only8.25%While profits of Hong Kong offshore companies that are not generated in Hong Kong are exempt from tax.

Hong Kong companyLow tax rate, few taxes. Hong Kong offshore company basic tax is Hong Kong company profits tax only, and Hong Kong company profits tax is paid only if Hong Kong company profits, and the first profit200Ten thousand Hong Kong dollars only8.25%While profits of Hong Kong offshore companies that are not generated in Hong Kong are exempt from tax. Hong Kong companies do not have to follow the complicated schedule of monthly, quarterly and annual reportsHong Kong companyFirst established18You don't have to file taxes for another month, and then every12Report once a month.

Open a local account in Hong Kong. Hong Kong offshore companies can apply for local bank accounts in Hong Kong. An account opened in a bank in Hong Kong can receive foreign exchange of any currency, and there is no control over the receipt and payment of foreign exchange. Settlement and exchange of foreign exchange are also very convenient.

Expand the international market. Registered Hong Kong offshore companies can not operate in Hong Kong. As an important port for Southeast Asia and overseas markets, Hong Kong attracts businessmen from all over the world and provides a perfect development platform for enterprises to expand the international market.

What are the benefits for mainland companies to set up in Hong Kong?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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