Now more and more enterprises will set up companies in Hong Kong, so what are the specific benefits of setting up companies in Hong Kong ?

First, it is convenient for the collection and payment of commission: the commission income of enterprises is subject to tax in China. Moreover, due to the foreign exchange control in the mainland, cross-border commission income and commission payment usually take a long time, so overseas companies can basically receive and pay commissions freely.

Second, reduce tax and financial costs: this point is to use the tax system differences between countries (regions) to legally reduce tax costs.

Third, protect business information: you can shield the information of traders to protect business secrets (such as customer name, price, etc.).

Fourth, set up a firewall: avoid investment projects, in case of disputes, involving domestic entities.

Fifth, reduce the tax cost of intangible assets transfer: avoid the high tax on domestic share (or intangible asset transfer) transactions; For example, the famous brand Belle is made ofbviCompany, Taobao is owned by Cayman.

Sixth, offshore loan under domestic guarantee: a domestic enterprise applies to a domestic bank for issuing a letter of guarantee with its domestic assets, and the domestic bank issues a financing letter of guarantee to a domestic bank's affiliated bank abroad. An overseas affiliated bank shall issue foreign currency loans to an overseas enterprise on the basis of the letter of guarantee received.

Seventh, as a trademark holder, establish an international brand image.

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.