Registered Hong Kong companies and mainland companies operating foreign trade differences

With the increasing trend of trade globalization, more and more investors and entrepreneurs are bound to join the ranks of foreign trade. International trade competition is fierce, many mainland enterprises and individuals will choose to register Hong Kong companies to increase the competitive chip.

Registered Hong Kong companies and mainland companies operating foreign trade differences

First, Hong Kong company registration advantages

As an international financial center, Hong Kong has a sound legal system, a simple tax system, complete infrastructure, communication facilities and high-quality professionals, attracting many investors to choose Hong Kong registered companies. Registered Hong Kong companies to promote business trade, international investment, brand building and other business development, and establish a good public image, enhance the competitiveness of enterprises in the international market have many benefits.

Two, registered Hong Kong companies and mainland companies operating foreign trade differences

1. Registered capital: the registered capital of Hong Kong company does not need to check the capital in place, the minimum is hk $10,000, which is only the economic responsibility of the shareholders. The registered capital of mainland foreign trade company needs to check capital in place, if you are to register the company that has import and export right, the registered capital needs at least 1 million.

2. Office address: Hong Kong company may not work in Hong Kong after registration. The registration of mainland foreign trade companies requires a business office, especially an import and export company. The government inspects the company several times a year.

3. Employees: after the registration of Hong Kong company, since there is no need to work in Hong Kong, there is no need to specifically hire employees. Mainland companies need to rent offices and hire employees, which is relatively expensive.

4. Tax differences: Hong Kong companies have few types of taxes, low tax rate, and follow the principle of "geographical source tax". If the business is not operated in Hong Kong, and the profits come from overseas, they can apply to the government for exemption from profits tax. In addition, the filing period of Hong Kong companies is also different from that of mainland China. The first filing period after the establishment of a company is 18 months and one time every year.

5. Financial nature: Hong Kong is an overseas company, so the accounts opened in the future, whether offshore accounts in mainland China or local accounts in Hong Kong, are not subject to foreign exchange control in mainland China. They can freely accept payment from overseas customers and do not need to settle foreign exchange. The money in the account can be transferred to the domestic, overseas enterprise and individual accounts at will. If it is transferred into the account of a mainland company, it is equivalent to the entry of overseas foreign exchange. Mainland enterprises can handle verification and tax refund, and the profit part can be retained in the account or transferred into a personal foreign exchange account for settlement and use of foreign exchange.

After the establishment of a company, it is natural to develop business, but whether it is to sell products or services, it is necessary to establish a brand, in order to protect the business, the registration of Hong Kong trademark and patent application can not be ignored.

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