According to the latest news from the exchange office:
Since July 1st, the incoming and outgoings of HK Company′s NRA account will start to require contracts, invoices and Bills of lading!
The bank will tighten up the NRA account, high-risk countries can not open accounts any more.
So what the influence of this policy is, on our trading companies ?
Simply speaking, the shortcut of receiving foreign exchange is blocked.
Actually, since March 9th, the HSBC Bank of Hong Kong has shut down the account applications of small and medium-sized enterprises; in addition to the news we received yesterday, the usage and opening of NRA account would be restricted again. Those policies are releasing one message:
THE EXPORT TRADING MUST BE LEGAL!
Based on the changes above , what should we do?
HACOS Suggests that: Clients who engage in trading should make the export in the name of your own company! Or entrust us and make export in the name of HACOS!
The reasons are:
1. Self-operate export is compliance with laws and regulations, the capital is handling by your own company′s account to make sure the foreign exchange receiving available..
2. To enjoy the benefits of tax refund, and increase the profit.
3. For investor from sensitive countries, a better bank statement will help the application of visa.
At the beginning of 2016, we accept a commission of a motorcycle-exported enterprise, to make tax planning for them. This company had stayed many years in China, but they did not understand China′s tax refund policy, though they had very large volume of export trading, they just wasted the opportunities of tax refund, for many times.
But with our professional analysis and explanation, this enterprise stepped forwardto apply for tax refund. When the boss of that enterprise received the tax refund, he was so exciting and encouraged that he decided to make long and deep cooperation with HACOS.
Up till now, HACOS has won accumulated 3 million RMB′s tax refund for our clients, and that′s great profit for small and medium-sized enterprises. As a cooperative partner, HACOS sincerely feel happy for them.
We have years of experience about tax refund, and we are keeping good communication with the Customs Office, Commodity Inspection Bureau, National Tax Bureau, Foreign Exchange Bureau, and we focus on the tax fund programs of small and medium-size enterprises. We provide professional and efficient one-to-one training and follow-up service!
Just leave us the complicated things,
and focus on your business!
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HACOS,Business Services Solutions Master
