Compared to immigration programs in other countries and regions, the Hong Kong Investment Residency program is simple, quick, safe, and transparent, making it highly sought after by wealthy individuals from the mainland. The Hong Kong investment immigration policy is known for its maturity and stability. Worldway Immigration will outline a series of business benefits that can be enjoyed through investment immigration to Hong Kong:
Freedom in Company Name Selection
When registering a company in Hong Kong, there is absolute freedom in name selection compared to the mainland. Company names are allowed to include regional and industry-specific terms such as: China, Beijing, Zhejiang, Hong Kong, United States, France, International, Asia, Academy, Publishing House, Association, Group, Holdings, Industry, Development, Investment, Finance, Fellowship, Technology, Medical, Fund, Promotion Association, etc., while the mainland has more restrictions.
Minimal Restrictions on Business Scope
Limited companies can operate a wide range of businesses in Hong Kong, including clothing, furniture, jewelry, electronics, finance, pharmaceuticals, shipping, import and export trade, real estate, construction, decoration, information technology, tourism, academies, cultural publishing, associations, research institutes, and other high-tech industries, with few restrictions (excluding illegal businesses).
Low Tax Environment Favors Development
Hong Kong has low tax rates and few types of taxes, allowing many international organizations to achieve reasonable tax avoidance. If you establish a company in Hong Kong, you only need to pay two types of taxes: one is a one-time capital stamp duty at a rate of 1‰, and the other is profits tax at a rate of 17.5%, which is calculated based on your actual profits (net profit). If the business does not make a profit, no tax is due. Except for special items like tobacco and alcohol, there are generally no import and export taxes on other products.
Low Registered Capital Requirement with No Capital Verification
The Hong Kong government requires a minimum registered capital of HKD 10,000, and you can increase the registered capital based on your actual situation, with no restrictions on the amount of capital contributed.
Existence of Shell Companies Allowed
Hong Kong allows the existence of shell companies without business operations.
Easy Access to International Credit and Financing
As is well known, Hong Kong is an economic and financial center in Asia, with banks on almost every street. Credit is the foundation for developing WorldWay in Hong Kong. Once you obtain credit, you can utilize the Hong Kong financial center for financing or directly issue credit certificates overseas, maximizing benefits with minimal capital.
Free Flow of People, Goods, and Capital
Hong Kong is one of the most free and prosperous trading ports in the world, with excellent infrastructure allowing for the free flow of logistics, capital, and people. The free flow of people is reflected in the visa-free agreements Hong Kong has with over 100 countries. The free flow of logistics is mainly due to the absence of customs duties on goods, and the speed of processing logistics by land, sea, and air is extremely fast. The free flow of capital is evident as there are no foreign exchange controls in Hong Kong, and various currencies can be exchanged and mobilized at any time.
Superb Financial System
Hong Kong is a super financial center in Asia. Being located here allows for free remittance transactions with various countries, and there are over 200 types of financial services available, which can be conducted through internet and electronic trading services, making it very convenient.
Borrowing, Mergers, and Financing
Limited companies registered in Hong Kong can apply for any services from banks, such as credit cards, bank loans, and L/C (letter of credit) services, and can apply to the government for any trust funds to assist in business development.
In summary, the business conveniences that Hong Kong can offer are evident, and it is no wonder that an increasing number of high-net-worth individuals from China are investing in Hong Kong!