After successfully establishing an overseas company in China, foreign business owners often notice a phenomenon: many experienced international business partners will advise them to re-register another company in Hong Kong. This strategic layout is not accidental but rather an inevitable attraction of Hong Kong's unique business environment.
Low cost, high efficiency
The cost-effectiveness of company registration and maintenance in Hong Kong is remarkable. For foreign business owners who already have physical operations in the mainland, this is an extremely wise business decision.
No physical office required
Unlike mainland of China, registering a company in Hong Kong does not necessitate renting a physical office space. Instead, a registered address can be obtained through a secretarial service, significantly reducing initial investment and operational costs. Furthermore, registering a Hong Kong company effectively addresses the high corporate income tax rates faced by mainland enterprises.
Low registered capital
The minimum registered capital for a Hong Kong company is 10,000 Hong Kong dollars, and there is no need for actual capital verification to be completed. This provides great flexibility for the company's capital operation.
Controllable maintenance costs
The annual review, auditing and other maintenance expenses of Hong Kong companies are relatively transparent and reasonable. The basic registration fee is approximately 5,000 - 8,000 Hong Kong dollars, and the annual review fee is approximately 3,155 - 3,855 Hong Kong dollars. Compared with mainland companies, it has certain advantages in maintenance costs.
Simple low-tax system
Two-tier profit tax system
The first 200,000 Hong Kong dollars of profits are taxed at 8.25%, and the portion exceeding this amount is taxed at 16.5%. This is significantly superior compared to the 25% corporate income tax rate in the mainland.
Hong Kong adopts the
Territorial source taxation principle
Only taxing profits originating from Hong Kong. Income generated outside Hong Kong (such as profits from entrepot trade) can apply for tax exemption, effectively reducing the tax costs of cross-border business.
No complex taxes
The tax system in Hong Kong is simple and clear. The main taxes are only capital gains tax, salary tax and property tax. There are no complex taxes such as value-added tax or consumption tax, which reduces the tax declaration burden for enterprises.
HK bank account
& offshore account
Opening a Hong Kong bank account or an offshore account is crucial for Hong Kong companies to leverage their global business advantages.
These accounts support multi-currencysettlement, facilitating cross-border remittances and payments for enterprises and reducing exchange rate risks.
Hong Kong enjoys free capital inflows and outflows, with no foreign exchange control. This facilitates enterprises in conducting international settlements and managing their funds.
By properly managing funds through offshore accounts, enterprises can optimize their tax structure and reduce operational costs.
Offshore accounts help protect business privacy. The legal system in Hong Kong provides a high level of privacy protection for account holders.
One-stop Solution
When facing complex international business expansion, you need a professional partner. We offer a one-stop Hong Kong company registration and business services specifically for foreign investors, including:
Full-processcompany registration assistance: from name verification to certificate collection, professional and efficient, no need to visit Hong Kong in person.
Bank account opening guidance: assisting in preparing opening materials to increase the success rate of the application.
Accounting and auditing services: preparing financial reports in accordance with the requirements of the Hong Kong Tax Bureau.
Annual maintenance services: annual review, tax filing, etc., continuous services to ensure the company's compliant operation.
Our professional team will provide you with a full-process service from the registration of a company in the Chinese mainland to the establishment of a Hong Kong company and bank account opening, making your business expansion twice as effective. Contact us immediately to obtain an exclusive plan and start your new chapter of global business operation!
HACOS always strive to provide our clients with more high-quality, efficient and considerate services, covering China visas, tax-planning, incorporation, financial consulting, global shipping, intellectual property, foreign trade services, legal consultation, etc.
