Registering a Hong Kong company has the following advantages:
Low tax rates: Hong Kong companies have relatively low tax rates, with the highest rate currently at 16.5%, and no value-added tax, sales tax, or import tax.
Simple and fast registration process: The registration process in Hong Kong is relatively simple, usually taking only 1-2 weeks to complete.
Superior geographical location: Hong Kong is located in the center of the Asian region, making it convenient for business transactions with mainland China and other countries in the Asia-Pacific region.
Open market economy: Hong Kong's market economy is very open, with a favorable business environment and relatively relaxed government regulations, making it easy for businesses to operate and develop.
Convenient banking services: Hong Kong's banking system is highly developed, offering various types of bank accounts and supporting multiple currencies, providing comprehensive financial services for businesses.
Friendly tax policies: The Hong Kong government implements simple, transparent, and friendly tax policies, fully protecting the interests of investors and businesses, making it easy for businesses to engage in commercial activities.
World-class professional services: Hong Kong has many professional service institutions, such as accounting firms and law firms, which can provide high-quality services for businesses.
Freedom to transfer funds: Companies registered in Hong Kong can freely transfer funds without foreign exchange controls, allowing businesses to handle funds more freely.