Hongkong Company Registration Policy Helps Mainland Enterprises To Go Out

As a springboard for expanding the international market and stepping into the mainland market, Hongkong has created favorable conditions for the mainland enterprises to develop outwards because of the special historical conditions and geographical location of Hongkong. Therefore, the establishment of a company in Hongkong can serve as an external window for the trust and cooperation of the foreign cooperation enterprises.

Just now, overseas investors like to set their regional headquarters in Hongkong as a springboard to invest in China.

As we all know, Hongkong is the economic center and financial center of Asia. There are banks in almost every street. We can make use of the credit of Hongkong bank. Credit is the foundation of developing international business.

After that, we can make use of the Hongkong financial center to raise funds. We can also issue letters of credit directly to overseas, and make bigger pactions with smaller funds. If necessary, we can apply to the Hongkong government for funding loans from small and medium enterprises, and then invest the funds in the market.

In the 2016-17 budget submitted by the Inland Revenue Department, proposals were made on the reduction of the Levy of business registration certificates. The relevant legislation came into force after deliberation and adoption by the Legislative Council.

This means that if the legislation comes into force, the Hongkong business registration fee will be reduced by 2000 Hong Kong dollars from the date of 2016.4.1. That is to say, from the date of 2016.4.1, the registration and annual examination of the Hongkong company will enjoy a substantial discount of 2000 Hong Kong dollars. This is the first time since 2014.4.1.

2016 the registration fee of Hongkong company has dropped again. I believe this year will be another climax of the registration of Hongkong company.

Because of the high international status of Hongkong, later enterprises often like to use the popularity of Hongkong to package their own businesses. For example, Hongkong's clothing, toys, cultural publishing and other industries have certain competitive advantages in the world. In Hongkong, the establishment of this kind of public can immediately share the overall international image and status, and to a certain extent, can enhance the company's ability to compete.