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Mainland Enterprises Continue To Be Favored By International Companies In Hongkong

2010/10/29 9:48:00 60

Hongkong company

register

Recently, 150th companies in Hongkong were registered at the Hongkong company registry in early September.

According to the data of Hongkong company registry, there were 92466 local companies registered in Hongkong in the first 8 months of 2010, an increase of 31% over the same period in 2009.

In recent years, with the increasingly frequent economic and trade activities between the mainland and Hongkong, the number of registered companies in Hongkong has mushroomed, and mainland enterprises have entered the international arena.

market

By way of Hongkong, the training ground has become a common practice.

Hongkong enjoys a unique business environment.

foreign trade

Corporate favor

Baidu registered "Hongkong registered company", with up to 9420000 articles, showing the vast market.

A large number of Hongkong registered service agencies have emphasized that Hongkong is an international metropolis with highly developed information and one of the freest trading ports in the world.

Hongkong attracts many enterprises engaged in trade because of its perfect legal system, simple tax system, low tax rate and international financial center.

The establishment of a domestic company in Hongkong can rapidly develop the company's business, enhance the company's image and enhance the confidence of overseas customers.

Letter of credit sends convenience to Hongkong company to help enterprises reduce credit risk.

However, Luo Hanwen, general manager of Kang Kong Accounting Office in China, told reporters that with China's accession to the WTO, more and more mainland enterprises have gained a deeper understanding of international taxation and laws. The avoidance of tax by Hongkong companies is not the most important factor.

In addition, corporate brand building and upgrading of international image can be achieved through various channels, not only relying on Hongkong's international status, but also many domestic SMEs are in the initial stage, and their brand building is not in the first place.

For more than 10 years, Kang Kang accounting firm has helped domestic companies register the experience of Hongkong companies. In recent years, only about 20% of China's foreign trade pactions have been carried out by letters of credit, 80% of which are account opening pactions.

This imbalance of credit outflow has a great negative impact on the mainland's foreign trade enterprises.

Luo told reporters that about 70% of the trading companies chose to register the Hongkong company because Hongkong companies were more likely to obtain international credit and credit, and could also use the convenience of the Bank of Hongkong to send and receive letters of credit.

In the business of "cash is king", Hongkong companies will undoubtedly become the meat and potatoes of international trade enterprises.