Cross-border Tax Optimization
Mr. Zhao, who operates electronic component import business in Guangzhou, registered a Hong Kong company to achieve legal tax avoidance
作者:ycadmin   时间:2019-06-05   浏览795 次

Mr. Zhao's company in Guangzhou mainly engages in the import of electronic components from overseas and sells them to domestic ODM/OEM factories. Electronic components, as strong products in Europe, America, Japan, and South Korea, are purchased by domestic enterprises through imports, and many of them are second -, third -, or even fourth level agents. By the time the products arrive at Mr. Zhao's place, the product profits are already very low, and only by relying on sufficient shipment volume can a certain profit be earned. Later, Mr. Zhao learned through a friend that registering a Hong Kong company and importing under the name of the Hong Kong company can achieve reasonable tax avoidance, thereby increasing revenue and profits. Mr. Zhao's friend is a long-time customer of Hongyuan International. Through his recommendation, Mr. Zhao found Hongyuan International.

 
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