Since the third wave of immigration, immigration has become a popular topic among the public, and living abroad or studying overseas is also a hot topic of discussion. Hong Kong is undoubtedly the most discussed destination, primarily due to its proximity and the unique "one country, two systems" principle, which makes many citizens eager to live there.
1. The company name for immigrating to Hong Kong can be freely chosen, and it is allowed to include regional and industry characteristics, such as: China, Beijing, Zhejiang, Hong Kong, the United States, France, International, Asia, Academy, Publishing House, Association, Group, Holdings, Industry, Development, Investment, Finance, Fellowship, Technology, Medical, Fund, Promotion Association, etc.
2. There are very few restrictions on the business scope: 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 can all be part of our business. Hong Kong limited companies can operate any business in Hong Kong, except for illegal activities.
3. A low tax environment is conducive to development: Hong Kong has low tax rates and few types of taxes. Many international organizations take advantage of Hong Kong's tax benefits for reasonable tax avoidance. When we establish a company in Hong Kong, we generally only need to pay two types of taxes: one is a one-time capital stamp duty, with a rate of 1/1000, which is based on your actual registered capital; the other is profits tax, with a rate of 17.5%, which is calculated based on our actual profits. If a business does not make a profit, it does not pay taxes. Except for tobacco and alcohol or special cases, there are no import and export taxes in Hong Kong.
4. Low registered capital with no need for capital verification: The Hong Kong government requires a minimum registered capital of HKD 10,000, and you can increase the registered capital based on actual circumstances. There are no restrictions on the amount of capital, and there is no need to transfer funds to a Hong Kong bank, laying the foundation for establishing an international group company.
5. Hong Kong companies are allowed to have no business operations and can exist as shell companies. Establishing a shell company in Hong Kong has become a powerful advertising tool.
6. A gateway to expand into international markets and a springboard to enter the mainland Chinese market: Due to Hong Kong's unique historical conditions and geographical location, it creates favorable conditions for mainland enterprises to develop outward. Therefore, establishing a company in Hong Kong can serve as a window for external relations, making it easier to gain the trust and cooperation of foreign partners. On the other hand, as China has just opened up, overseas investors prefer to set up regional headquarters in Hong Kong as a springboard for investing in China.
7. Easy access to international credit and financing: It is well known that Hong Kong is the economic and financial center of Asia, with banks on almost every street. We can leverage the credit of Hong Kong banks, which is the foundation for developing WorldWay. Once we obtain credit, we can use Hong Kong as a financial center for financing and can also directly issue letters of credit overseas, allowing us to conduct large transactions with relatively small capital. If needed, we can also apply for small and medium-sized enterprise funding loans from the Hong Kong government and invest this capital in the market for profit.
8. Free movement of people, logistics, and capital: Hong Kong is the most free and prosperous trading port in the world, with excellent infrastructure. In Hong Kong, not only is the movement of people free, but logistics and capital movement are also unrestricted. The free movement of people is reflected in Hong Kong's visa-free agreements with over 100 countries, and a visa-free travel plan with the Pearl River Delta is also about to be launched. The free movement of logistics is mainly reflected in the absence of customs duties on goods, with extremely fast processing speeds for land, sea, and air logistics. The free movement of capital is evident in the absence of foreign exchange controls in Hong Kong, where various foreign currencies can be exchanged and moved at any time, with no restrictions on capital movement. Businesspeople enjoy the convenience of Hong Kong banks for receiving and sending letters of credit.
9. Hong Kong is the most suitable place in the world due to its comprehensive intellectual property protection laws and globally recognized mechanisms: leveraging Hong Kong's reputation to establish a Hong Kong brand. Due to Hong Kong's significant international status, emerging enterprises often like to use Hong Kong's reputation to enhance their own branding. For example, industries such as clothing, toys, and cultural publishing in Hong Kong have a certain competitive advantage internationally. Establishing such companies in Hong Kong allows them to immediately share in the overall international image and status, which can enhance their own competitiveness to some extent.
11. A super financial system: Hong Kong is a super financial center, where, in addition to freely conducting remittance transactions with various countries, there are over 200 types of financial services available, which can be operated through the internet and electronic trading services, making it very convenient.
12. Borrowing, mergers, and financing: Hong Kong limited companies can apply for any banking services, such as credit cards, bank loans, and L/C services, and can apply to the government for any trust funds to assist in business development.
13. Limited liability: A Hong Kong limited company is a legal and independent entity, and you are completely separate from your limited company in legal terms, meaning you are not liable for the company's debts.
14. Reliable confidence: Hong Kong is a global super financial center with a sound legal system, so investment immigration in Hong Kong can give your partners and collaborators a trustworthy impression, which is undoubtedly very helpful for promoting and developing your business.
