Benefits of Registering a Company in Hong Kong
Hong Kong is a global financial hub that attracts entrepreneurs with its favorable business environment:
- Low taxes: Hong Kong offers one of the world’s lowest tax systems. The corporate tax rate is 16.5%, and dividends are tax-exempt.
- No currency controls: Allows for unrestricted transfers of funds abroad.
- Ease of doing business: No requirement for a local office, reducing operational costs.
- International reputation: Registering a company in Hong Kong provides access to global markets and fosters trust among international partners.
- Access to the Chinese market: Enables seamless interaction with mainland China through Hong Kong.
Benefits of Registering a Company in China
Registering a company in mainland China is ideal for those planning to:
- Enter one of the largest consumer markets in the world.
- Conduct manufacturing or collaborate with Chinese factories.
- Access local subsidies and business support programs.
Benefits include:
- Direct market access: The ability to sell goods and services within the domestic market.
- Government support: Chinese authorities offer incentives for foreign investors in strategic industries.
- Economic zones: Registration in free trade zones provides additional tax and customs benefits.
Tax Features
Hong Kong:
- Corporate tax rate: 16.5%.
- No Value-Added Tax (VAT).
- No tax on dividends or capital gains.
China:
- Corporate tax rate: 25% (can be reduced to 15% in certain zones).
- VAT: 13% on most goods and services.
- Mandatory social contributions for employees.
Registration Process with Us
We offer a full range of services for company registration in Hong Kong and China, including document preparation, communication with local authorities, and guidance at every step.
Registration Steps:
- Consultation: Discuss your business goals and select the optimal jurisdiction.
- Document preparation: Assist in gathering all necessary paperwork, including the company’s charter, copies of founders’ passports, and other required information.
- Company registration: Submit the documents to the relevant authorities. The process in Hong Kong takes about 5-7 business days, while in China, it takes 2 weeks to a month.
- Opening a bank account: Assist in setting up a corporate bank account.
- Accounting support: Provide accounting and tax reporting services post-registration.
Why Choose Us:
- Expertise in working with international companies.
- In-depth knowledge of the legal specifics of both jurisdictions.
- Transparent pricing and a personalized approach.
Conclusion
Registering a company in Hong Kong and China unlocks vast opportunities for business growth, whether in trade, manufacturing, or services. We are ready to be your reliable partner and ensure a smooth and efficient registration process. Contact us today to discuss the details and get started!
