Advantages of Company Formation in Hong Kong
Advantages of Company Formation in Hong Kong
Hong Kong has been rated as the world’s freest economy by the Wall Street Journal and the Heritage Foundation for many years. Its strategic location, the sound system, simple tax system, developed information, high-quality personnel and the free circulation of goods providing maximum convenience for all walks of life to develop business. In recent years, Hong Kong has ranked among the world’s important trading and banking services, you can enjoy a lot of convenience for business in Hong Kong.
The perfect infrastructure protection business efficient operation
Infrastructure facility is one of the famous characteristics of Hong Kong in the world. Hong Kong International Airport, the international cargo transported flights, container terminals and other world-class air and sea transport facilities can offer a range of shipping, freight forwarding, logistics and other related services to the global community of industry. In the same time, Hong Kong is situated in the heart of the Asia-Pacific region, which is one of the hubs for the global economic development. Therefore, many multinational companies have set up regional headquarters in Hong Kong, to co-ordinate and centralize the management of cross-border business.
Hong Kong also has a state-of-the-art telecommunications infrastructure. With the market liberalization of international telecommunications services, communication costs are declining in Hong Kong, to provide maximum convenience and cost savings for frequent travelers around the investors.
Minimize the cost of a simple tax system
Hong Kong is the region the most simple tax system and the most affordable tax rate in the world, this advantage has been many welcomed by investors. Doing business in Hong Kong, without capital gains tax or dividend withholding tax, and only taxed on the profits or income business in Hong Kong according to the territorial source principle of taxation.
Transparent legal system to protect fair business
Sound legal system, transparency and openness and completely independent judiciary of Hong Kong is one of the most convenient and reliable business environment in the global. Hong Kong Special Administrative Region Government is very welcome foreign investment, equal treatment of local companies and foreign, the implementation of intervention and subsidy policy make a fair operating environment for the company interested in doing business in Hong Kong.
Free economy provides unlimited opportunities
As the world’s most open export-oriented economies in the world, Hong Kong has a free trade policy, and no barriers to trade, foreign or offshore investment, cash flow deployment, as well as the international currency of ownership of all there is no limit. General import and export trade in Hong Kong are without paying tariffs and there is no tariff quota or surcharges, limited products are few. It is this highly liberal economic environment to attract investors from around the world, to bring more business opportunities for companies doing business in Hong Kong.
If you need more information on Hong Kong Company Formation, IPO in Hong Kong, Trademark Registration,Hong Kong Tax and Corporate Finance, etc, welcome to contact with Conpak CPA Limited http://www.conpak.com.
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