2008-1-26 18:55
pheonix827
the functions of offshore company in the int'l trade
hi, buddies!
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i have heard my times of offshore company in the foreign trade. nd it seems to play an important role in this business. but i just know few about it.#v1X-|:Y/zzq9v y%E G
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on my understanding, it is related to enquiry nd quotation, whether in USD or RMB, nd sth concerning the foreign taxation. but i failed to figure it out the detailed functions of it in the forign trade, especially in a professional int'l trade company.
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so, if anyone that would like to share his/her ideas , i would b very grateful.
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longing for ur views!
2008-1-29 09:15
martin_xwj
Advantages
HongKong as one of the international leading trading ports in the world, it provides an advantaged commercial environment to many enterprisers and traders. Therefore, more and more our customers are establishing Hong Kong enterprises on different purposes and also expand business in different ways, which improves not only the image of the company but also the competitive ability. Below are the advantages in establishing a Hongkong company :
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(1) The Fame of worldwide company image:Because of Hongkong??s remarkable international position, newly established Hong Kong enterprises will be easily recognized and accepted in the world. And you will benefit from the overall international image and improve competitive ability in international business.&iXCcy7ANa
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(2) Unrestricted Name Selection:Freedom in naming company- Hongkong company registry allows names including the words like international, group, industrial, investment and etc...;k4Km[(k
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(3) Few Restrictions in Business Scope:almost unrestricted business scope except those highly prohibited area. No matter the business in trading, manufacturing, hi-tech industry, real estate, construction, tourism can fall into the scope;.O:@Q/s8Q
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(4) Little Register Capital and No Capital Examination:In company registration, no matter how much register capital is, no need to transit the capital into Hongkong Bank in advance and no capital examination after. The lowest register capital required by Hongkong government is HKD 10,000, which can be increased according to the actual situation.
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(5) Low-taxation Environment:As one free trading port, Hongkong has very low taxation mechanism to encourage investment and trading. Many international facilities take advantage to avoid taxes reasonably. Establishing HK company, we need only to pay two kinds of taxes:One is stamp tax on register capital, at the rate of 1/1000,which is subject to your register capital;The other is profit tax at the rate of 16%, which is subject to net profit originated from inland HK. No profit, no tax. And no tax in importation and exportation.
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(6) The Window to both China and worldwide:In establishing a company in Hongkong can help Chinese companies to open a gate to the world, as a foreign-oriented enterprise can easily obtain trust and cooperation in the international business; On the other hand, overseas investors wish to explore abudant products resources as well as Chinese big market, regional head office in Hongkong will be the good start.&lu3y3P!I|eh
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(7) Winning International Financing support:apart from the leading free trading port, Hongkong is also the economic and financial center in Asia. depending on advanced HK banking service, all kind of financial requests can be supported. And also HK governmen can provide aiding loan to encourage the development of Middle & Small Enterprise
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(8) Free environment in logistics and fund circulation:HK as most free and prosperous trading port in the world with excellent infrastructures, it has the high efficiency logistics system. and also no duty bears on goods in import and export;Free Capital circulation is reflected by the fact that there is no restrict on foreign currency, all kinds of foreign currencies able to be exchanged and moved anytime, and also no restriction on capital turnover. Traders prefer Hongkong for reception and sending the letter of credit by right of the convenience of Hongkong Bank.
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[[i] Last edited by martin_xwj at 2008-1-29 09:51 [/i]]
2008-1-29 09:28
lanzhigao
Advantages (Hong Kong, for example)
HongKong as one of the international leading trading ports in the world, it provides an advantaged commercial environment to many enterprisers and traders. Therefore, more and more our customers are establishing Hong Kong enterprises on different purposes and also expand business in different ways, which improves not only the image of the company but also the competitive ability. Below are the advantages in establishing a Hongkong company :,k2cPsd%w
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