香港是一个信息极为发达的国际大都市，是世界上最自由的贸易通商港口之一。香港作为国际金融中心，金融体系健全稳定，吸引了国内众多投资人注册香港公司。目前，越来越多的内地商人抱着不同的目的在香港创立自己的公司，通过不同途径拓展公司业务, 提高公司形象，增强海外客户的信心，树立了公司国际形象，提高自身的竞争能力。

Do you know the benefits and advantages of registering a Hong Kong company? Today, Hongyuan International will introduce to you the benefits and advantages of registering a Hong Kong company.

1. Hong Kong companies can freely receive and pay foreign exchange

Hong Kong offshore companies can apply for local bank accounts in Hong Kong. Accounts opened in Hong Kong banks can receive foreign exchange in any currency, and there are no controls on foreign exchange receipts and payments. Settlement and exchange are also very convenient.

2. Hong Kong companies can easily expand into international markets

Hong Kong has attracted global merchants, and registering Hong Kong offshore companies allows them to operate outside of Hong Kong. As an important port for mainland enterprises to face Southeast Asia and overseas markets, it provides a perfect development platform for mainland enterprises to expand into international markets.

3. Hong Kong companies can achieve reasonable tax avoidance

Hong Kong companies' profits tax is levied on a territorial basis, and profits generated outside of Hong Kong can apply for exemption from profits tax. For example, after registering a Hong Kong company, mainland enterprises and individual investors signed a transaction contract worth 1 million yuan with overseas clients in the name of the Hong Kong company for the first time; Once again, the Hong Kong company purchased 700000 yuan worth of goods at a lower price from its domestic enterprise; Then, the Hong Kong company delivers the goods to overseas customers at standard prices; Finally, the Hong Kong company extracted a profit of 300000 yuan from the received goods and then sent 700000 yuan to the domestic company. In the process of price transfer, keeping most of the profits in Hong Kong companies can save a lot of tax burden for mainland enterprises, while also reducing the risk of payment being occupied.

4. Hong Kong companies have low tax rates and fewer types of taxes, which can reduce costs

The basic tax category for offshore companies in Hong Kong is only Hong Kong company profits tax, which is only paid when the company is profitable. The first 2 million Hong Kong dollars of profit are only subject to a profits tax rate of 8.25%. If the profit of a Hong Kong offshore company is not generated in Hong Kong, it can be exempted from taxation if it exceeds 2 million, which is 17%.

5. Easy to build international brands

Utilizing Hong Kong's global reputation to build a brand is also a common approach adopted by domestic merchants. The domestic market is relatively saturated, and many companies are looking overseas to sell their products abroad. It is difficult to survive in fierce competition without one's own external brand at this time. In this situation, Hong Kong companies can be utilized to build international brands.

6. Unrestricted range of experience

The business scope of Hong Kong companies is not restricted, and any business that is legal and in line with local resources in Hong Kong can be operated. The same company can operate multiple businesses across industries without the requirement to change its business scope when developing new businesses.

7. Facilitating enterprise financing and listing

Hong Kong companies of many mainland enterprises are also widely used in capital operation, financial financing, wealth management, etc., which is a major tool to help enterprises develop. Domestic enterprises that want to go public in China need to go through extremely strict audits, and the procedures required are very cumbersome, coupled with high costs and long time, making it difficult for domestic enterprises to afford. Registering a Hong Kong investment company, controlling domestic enterprises, and listing in Hong Kong in a roundabout manner is currently a typical practice.

8. Enjoy preferential investment in mainland China

After registering and establishing a Hong Kong company, investing in mainland China in the name of Hong Kong capital and enjoying preferential and encouraging policies from the mainland government.

9. Subsequent maintenance is simple

Compared to mainland companies, Hong Kong companies have simpler follow-up maintenance, requiring only one annual industrial and commercial audit and one tax declaration.

10. Obtain permanent residency

If the company has already made contributions to Hong Kong, it can apply for a multiple entry business visa from the Hong Kong Immigration Department. After residing for seven years, one can obtain permanent residency in Hong Kong.

In recent years, the number of registered Hong Kong companies has been increasing year by year, and mainland enterprises' "going global" has gradually become an inevitable trend. The demand for registering Hong Kong companies is also increasing. However, due to the extensive review materials for registering Hong Kong companies, if individuals go to register Hong Kong companies and do not have complete preparation materials or proper precautions, it will cause frequent problems for Hong Kong companies. So Hongyuan International suggests seeking professional secretarial service companies to assist in registering Hong Kong companies and improve registration efficiency.