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What is the benefit of having a Hong Kong company registered?

Released Date: Dec 02,2021 Article Source: HUANZE

Hong Kong has always adhered to a free, open and equal business policy. After years of development, Hong Kong has become a world-renowned free port and financial center. So what are the benefits of incorporating a Hong Kong company?

Hong Kong has always adhered to a free, open and equal business policy. After years of development, Hong Kong has become a world-renowned free port and financial center. So,Registered Hong Kong companyWhat's the benefit?

First of all,Registered Hong Kong companyIt is vital to the free flow and exchange of funds in foreign trade business. However, at present, mainland China still implements the foreign exchange control policy, which is very inconvenient in the actual trade process. China's Hong Kong as an offshore financial center, funds can be freely in and out, convertible. And Hong Kong companies can open accounts with major banks around the world.

Secondly, inHong Kong incorporated company, which is very free to name and conduct business. The Hong Kong Government allows the names of companies to contain international, group, holding, industrial, investment, etc.; You can also add the name of Hong Kong, the United States, France, Japan, Shanghai and other countries or regions before the name of the Hong Kong company. At the same time, a Hong Kong company may carry on all kinds of business, provided that the business carried on by a Hong Kong company is not in a restricted trade or requires a licence.

Then, they directly use mainland companies to do business with overseas customers or suppliers, whose information is recorded at customs. Driven by profits, such information is likely to be stolen, allowing foreign customers and suppliers to be pried away by competitors. And passRegistered Hong Kong companyAll trade information is controlled by domestic manufacturers. Competitors can only see the information of Hong Kong companies, which can effectively prevent trade information from being stolen by others.

And also,Hong Kong registrationcompanyFunds do not need to be verified in place, fewer taxes, low tax rates, generally only need to pay profits tax, the tax rate is16.5%.Due to the high international visibility of Hong Kong, enterprises can take advantage of this to package their own companies, create international brands, enhance the international image and status, to a certain extent, can enhance the competitiveness of Hong Kong companies.

What is the benefit of having a Hong Kong company registered?

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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