The Benefits of Setting Up Business in Hongkong
Article Source：Youxinda Business
Popularity：1322
Published time：2014-12-09 11:22:26
Hongkong is an international city with advanced information, and the freest harbor for trading in the world. It provides wonderful business situations for entrepreneurs and businessmen. At present, more and more inland businessmen set up their companies in Hongkong for different objects. The benefits to set up Hongkong Company are as follows:
Free to Choose the Name of the Company
Electrical equipment, electronic, chemistry, light industry, machinery, instrument, clothing, textile, jewelry, treasury, medicine, shipment, transportation, import and export, trade, house estate, architecture, decoration, information, website, tourist, college, publication, association, research institution and other hi-tech industry. All these can be businesses.
Great Development in Low Taxation Environment
The taxation in Hongkong is very low, and that is why a lot of organizations avoid taxation reasonably by the benefit of Hongkong taxation. When setting up companies in Hongkong, you only need to pay two kinds of taxation: one is the stamp tax of the registered capital, which is decided by the actual registered capital and its rate is 0.001. the other is the income tax, which is decided by the actual profit, and its rate is 16.5%.
Modicum Registered Capital and No need of Inspection
The registered capital often directly influences the shareholders’ decision of setting up enterprises. In Hongkong, no matter how much is the registered capital; the enterprise needn’t send the fund to Hongkong banks.
Easy to Get the International Credit
It is known to all that Hongkong is the economic and financial center in Asia, every street of which has banks. Credit is the basis to develop international businesses, and you can do finance by this financial center after getting the credit, or you can directly open the L/C to foreign enterprises and do big businesses with less fund.
Free to Choose the Name of the Company
no matter how much is the register capital, the Hongkong government allows the names of the company to include the words such as international, group, holding, industry, investment, enterprise, association, chamber of commerce, united group, foundation, association for promotion, center and etc..
Little Restriction of the Business AreasElectrical equipment, electronic, chemistry, light industry, machinery, instrument, clothing, textile, jewelry, treasury, medicine, shipment, transportation, import and export, trade, house estate, architecture, decoration, information, website, tourist, college, publication, association, research institution and other hi-tech industry. All these can be businesses.
Great Development in Low Taxation Environment
The taxation in Hongkong is very low, and that is why a lot of organizations avoid taxation reasonably by the benefit of Hongkong taxation. When setting up companies in Hongkong, you only need to pay two kinds of taxation: one is the stamp tax of the registered capital, which is decided by the actual registered capital and its rate is 0.001. the other is the income tax, which is decided by the actual profit, and its rate is 16.5%.
Modicum Registered Capital and No need of Inspection
The registered capital often directly influences the shareholders’ decision of setting up enterprises. In Hongkong, no matter how much is the registered capital; the enterprise needn’t send the fund to Hongkong banks.
Easy to Get the International Credit
It is known to all that Hongkong is the economic and financial center in Asia, every street of which has banks. Credit is the basis to develop international businesses, and you can do finance by this financial center after getting the credit, or you can directly open the L/C to foreign enterprises and do big businesses with less fund.
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