Establish Company
HONG KONG - gateway for business activities in China
World Bank, IFC and Price Waterhouse Coopers to analyze the tax systems in 178 countries around the world where the list of countries with the most tax system is placed in the top ten Hong Kong.
The main advantages of Hong Kong for foreign firms are no doubt a transparent regulatory environment, sophisticated infrastructure, low tax burden and the total freedom of movement of goods, information and capital. Precisely because it collects more and more foreign firms for their regional office. It allows them easier to control their business and may also make use of mutual agreements between China and Hong Kong on the free trade zone. Last but not least, they are also useful availability of educated workforce, which speaks both English and Chinese language.
Tax burden applies only to local sources. If the company does business abroad, the government only pays the fee. The tax burden is low, the tax structure is simple and clear. Customs does not exist, there is no VAT, customs duties are burdened with only alcoholic beverages (containing over 30%), tobacco products and hydrokarbon. oil. Income tax from the financial year 2008/2009 a maximum rate of 15%, income tax 16.5%. Gains from trade or business are subject to income taxes. Income from wages and salaries are subject to income tax. The revenue from the property is applied in real estate tax (if it does not direct the owner, if the property is used as a residence is exempt). All taxes are applied territorial principle, ie. that the tax is paid only on profits arising from activities in Hong Kong, or derived from activities in Hong Kong. There is a set of legal rules under which the dispute will be considered "territorial" cases. Revenue from abroad are not taxed in Hong Kong even if they are transferred to Hong Kong.
We offer services in the area of the company:
- Registration of the company.
- Processing of the memorandum.
- The execution of all formalities.
- The provision of registered office.
- Accounting.
- All related services.
Evidence of the company will be delivered by courier service.
PEOPLE'S REPUBLIC OF CHINA - one of the largest world markets
Establishment of the PRC is a complex process for a longer period. China has already favorable tax system as Hong Kong, but for business for the future, China is the right decision. The Government of the PRC in the future to restrict access to new business from abroad. Who will have already established a company in China will have a huge advantage over competitors and the possibility to develop their business in the largest and most developing WORLD MARKET. In the event that you want to open a business in this large market, so please contact us.
