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Tel：+86 400 118 5939Due to its close proximity to the mainland, Hong Kong has become the preferred offshore company registration location for mainland enterprises to develop international trade. For many mainland enterprises, the main function of Hong Kong is to provide offshore financial services and transit trade for mainland enterprises, and to provide overseas listing and financing channels for enterprises. In fact, for mainland enterprises, there are still many benefits to registering a Hong Kong company. Let's take a look at the benefits and advantages of registering a Hong Kong company for mainland enterprises.
1. After registering a Hong Kong company and opening a Hong Kong bank account, it is convenient to receive and pay foreign exchange freely without any foreign exchange restrictions. Various foreign currencies can be converted at any time, which is the most important and fundamental reason for many enterprises to open a Hong Kong company.
3. As an international financial center, utilizing Hong Kong's reputation is beneficial for the company's brand promotion and also provides access to diversified financing channels. Many mainland consumers have a natural sense of trust in Hong Kong companies, and using Hong Kong companies for brand promotion can receive good market feedback.
5. Compared to mainland companies, Hong Kong companies have simpler follow-up maintenance, requiring only one annual industrial and commercial audit and one tax declaration.
Compared to mainland companies, the benefits of Hong Kong companies go far beyond the above. It is recommended to understand the conditions and requirements for registering a Hong Kong company before officially registering it. There are significant differences between Hong Kong company registration and mainland company registration. Next, Hongyuan International will take you through the conditions and requirements for Hong Kong company registration.
Shareholders need to be citizens of any nationality who are over 18 years old and have the ability to act independently; At least 1 person, up to 50 people, shareholders can be natural persons or corporate entities (company shareholders).
(1) The registered company name can be a combination of Chinese and English;
(3) Identification documents of all shareholders;
Company equity structure diagram; Copy of the business license of the direct controlling layer and personal identification documents of the legal person; Proof of identity for beneficial owners whose shareholding ratio exceeds 25% in the architecture diagram, such as passport/ID card (if it is a listed company, provide the name and stock code of the listed company); Proof of address, such as water bills, electricity bills, gas bills, and differential payment bills. Proof of address for natural persons (such as government agencies, public utilities, or banks issuing documents containing customer name and address data in the past three months, telephone bills, statements issued by regulated financial institutions, etc.).
Identity documents, such as passport/ID card; Proof of address (e.g. documents issued by government agencies, public utilities, or banks in the past three months containing customer name and address data, such as water bills, electricity bills, gas bills, differential pay bills, telephone bills, statements issued by regulated financial institutions, etc.).
(5) Determine the registered capital of a Hong Kong company, with a minimum registered capital of 1 yuan and no upper limit. The registered capital in Hong Kong adopts a subscription system. After shareholders subscribe to the share capital, if there are no specific provisions in the articles of association, there is no specific requirement for the time when the share capital is due;
(7) It is necessary to provide an explanation of the funding sources for establishing a Hong Kong company, such as salary, the name of the employer, position, and years of service; If there is startup capital, please indicate the name of the startup company and the business it operates;
(9) After the registration of a Hong Kong company, the main countries of business dealings (buyer and seller) and the names of the main products operated;
After preparing the relevant registration materials, we need to enter the formal registration process. Generally, registering a Hong Kong company in mainland China is handled through a secretarial service company, and the usual process is as follows:
2. Determine the Chinese and English names, registered capital, selection of directors and shareholders, and share distribution ratio of the registered company, and submit materials as required by the secretarial service company;
4. The entire process will be handled by the secretarial service agency within 2-3 working days;
The above are the benefits, requirements, and related processes of registering a Hong Kong company. For specific registration, please consult Hongyuan International.
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