Benefits of HK Company
Hong Kong is a super finance center, in which, besides being free to have remittance to all countries, there are more than 200 kinds of financial services. You can also do an operation of the bank through the Internet and electronic trading service, which is very convenient. Hong Kong is an international city, having a good relation with other cities around the world. Hong Kong Limited can give your partner and any cooperator a reliable impression due to the fact that Hong Kong has an excellent financial center and law system, which can be very helpful to your business expansion and development. If you want your products or company to set up a brand, Hong Kong is the best place in the world since it has a set of perfect intellectual protection laws, the world recognition mechanism. After setting up a company, it can open a bank account all over the world.
2. Having a chance to buy Hong Kong property, equities, lending, mergers and financing.
You can purchase of any property and public stock in the name of Hong Kong Limited freely. Hong Kong is an international financial center, Hong Kong Limited can apply for any bank facilities such as Credit Card, bank credit, LC service, and issuing stock and bonds on the basis of the company's financial position, applying to the government for any trust fund to assist the company in its business development and so on.
3. Limited liability and unlimited business scope
You will have limited liability because of the limited company, the risk of operating business will not implicate without any shareholders’ private real estate and property. Hong Kong Limited company is legal and independent, you and your limited company have no relation in the law, and therefore, you do not need to take any responsibilities for it. That is one of the features of Hong Kong limited company. Hong Kong Limited can operate any business and the limitation on the business scope is minimal, apart from illegal business. The scope of business is unlimited means: financial, medical, shipping transportation, import and export trade, real estate, construction, decoration, information network, tourism, academy, culture, publishing, associations, research institutes and other high-tech industries can totally become our businesses.
4. Low tax environment is conducive to development
Hong Kong tax rate is low. If you do not operate local business, you can be free of any tax, you can also arrange tax appropriately, enjoy a reasonable and legal tax mitigation. The scope of Hong Kong tax is minimal, and meanwhile, Hong Kong is one of the lowest tax rate places in the world. Low tax rate and less tax species cause many organizations enjoy a reasonable tax mitigation under its tax benefits. If you set up a company in HK, you should only pay for profits tax, the tax rate is 16.5%. This kind of tax is calculated according to the actual profits. If the company does not have the profit, it cannot pay for the tax. HK does not have import-export duties apart from cigarettes and wine and some special products.
5. Flow of people, logistics, money in and out freely
HK is the freest and most prosperous commercial port in the world. It has a good infrastructure. The flow of people, logistics and money can freely in and out in HK. To be specific, free flow of people gives expression to visa-free deals in Hong Kong and more than 100 countries, and the pearl river delta is about to launch a visa-free travel plan; free logistics means no customs duties are imposed on goods in and out of the country, marine and air logistics processing speed is extremely fast; finally, free funds reflect there is no foreign exchange control in Hong Kong. All kinds of foreign currencies can be exchanged at any time and there are no restrictions on the flow of funds. Businessmen like to use the bank of Hong Kong to facilitate the sending and receiving of letters of credit
6. Little registered capital and no capital verification is required
The establishment of the registered capital will directly affect the decision of the shareholders to establish the company. No matter the amount of registered capital in Hong Kong, it is not necessary to bring the funds to the bank of Hong Kong. The Hong Kong government requires a minimum registered capital of HK $10,000 and you can raise capital according to actual conditions. HK can be regarded as the window of international market expansion and the springboard to enter the mainland market due to its special history condition and geographic location. Thanks to the advantages HK has made for the development of domestic enterprises, you can easily get the trust and cooperation of foreign companies. On the other hand, foreign investors prefer to establish regional headquarters in HK as their springboard of investment in China.
7. Freely choose name
Whatever our registered capital size, the Hong Kong government allows the company's name to be regional and industrial, such as the international, group, holding, investment, industry, enterprise, association, chamber of commerce, federation, foundation, promotion, center, company, university, college and institute, press, travel agency, board size and so on.
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