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What are the advantages of registering a Hong Kong company to conduct international trade?

Released Date: Feb 16,2022 Article Source: HUANZE

If the people are in China and the buyers and sellers are abroad, many clients ask, how does the business work? Our company's suggestion  In low tax countries or regions registered companies to operate. For example, my friend in the United Arab Emirates asked me to help find some high-quality bird's nest in Southeast Asia, which I found in Indonesia, Since our Chinese, buyers and sellers are all abroad, I choose to register a Hong Kong company to operate this business.

If the people are in China and the buyers and sellers are abroad, many clients ask, how does the business work? Our company's suggestion  In low tax countries or regions registered companies to operate.For example, my friend in the United Arab Emirates asked me to help find some high-quality bird's nest in Southeast Asia, which I found in Indonesia, Because our Chinese, buyers and sellers are abroad, I chooseRegistered Hong Kong companyTo run the business.

First of all, IRegistered Hong Kong companyAs a middleman, I signed contracts with companies in UAE and Indonesia respectively.Then let the UAE company first pay the payment to the Hong Kong company. After my Hong Kong company receives the payment, the purchase cost will be transferred to Indonesia.

Why useRegistered Hong Kong companyHow about doing it this way? First, it is stipulated in the Taxation Regulations of Hong Kong that Hong Kong companies do not need to pay tax in Hong Kong on profits obtained from overseas, which can reduce tax costs. Second, if I use a mainland company to collect and pay, because of the foreign exchange control in the mainland, the collection and payment procedures of my mainland company will be troublesome and time-consuming. However, Hong Kong companies do not have foreign exchange control, so it is more convenient to receive and pay funds than the mainland. Third, the use of Hong Kong companies avoids the dissolution of mainland companies directly with companies outside the mainland, and competitors cannot inquire the transaction information, which can play a role in protecting business information.

What are the advantages of registering a Hong Kong company to conduct international trade?

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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