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Why is it appropriate to incorporate a Hong Kong company in the international trade industry?

Released Date: Jun 23,2021 Article Source: HUANZE

First of all, Hong Kong is a world-renowned free port and financial center. It has always pursued a free, open and equal trade policy. Hong Kong companies are free in terms of name and scope of business. The Hong Kong government allows company names to include the words "international", "group", "holding", "industry", "investment", and the names of countries or regions such as Hong Kong, the United States, France, Japan, and Shanghai. During this period, Hong Kong companies can operate any kind of business, as long as they are not limited to one industry or those requiring a licence.

First of all, Hong Kong is a world-renowned free port and financial center. It has always pursued a free, open and equal trade policy.Hong Kong companyThe name and scope of business are very free. The Hong Kong government allows company names to include the words "international", "group", "holding", "industry", "investment", and the names of countries or regions such as Hong Kong, the United States, France, Japan, and Shanghai. In the meantime,Hong Kong companyAny kind of business may be carried on as long as it is not limited to one industry or to those requiring a licence.

Secondly, to do a good job in foreign trade, the free flow and circulation of capital is very important. However, the Chinese mainland still has a foreign exchange control policy, which is very inconvenient in actual transactions. China's Hong Kong as an offshore financial center, funds can be freely in and out, convertible. andHong Kong companyYou can open accounts in major banks and all over the world.

And then,Hong Kong companyRegistered capital does not need to be verified in place. In addition, Hong Kong has fewer taxes and low tax rates, and the general Hong Kong enterprises only need to pay16.5%Profits tax on ifHong Kong companyThe income derived from the business will not be taxable under the Hong Kong Tax laws.

In the final analysis, due to the high international visibility of Hong Kong, enterprises can use it to package their own enterprises, establish international brands, enhance international image and status, so as to enhance the competitiveness of Hong Kong enterprises to a certain extent .

Why is it appropriate to incorporate a Hong Kong company in the international trade industry?

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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