How to use a Hong Kong company after registration? Do you know these?
Hong Kong company although in the registration process has the freedom to take the name, business scope of less restriction, easy procedures and many other advantages. However, if you want to register a Hong Kong company, you still need to understand the following points:
1.Trading Company
The direct benefit is extremely convenient capital operation and ultra-low tax cost.
2.Holding Companies
Including commercial holding companies and private holding companies with the main purpose of maintaining secrecy. Mainland China's Sino-foreign joint ventures and sole proprietorships ranked among the top investments in Hong Kong and the British Virgin Islands are well-known places of incorporation.
3.International Investment
For holding bonds, stocks, and trading, etc.
4.Other Uses
Yacht holding companies, property holding companies, asset protection companies, public investment companies, intellectual property owning companies, transportation companies, internet companies, insurance companies, etc.
Account Opening
After the establishment of a new company, it is necessary to open an account in each foreign/domestic bank. By opening a company account, you can receive international trade receipts and remittances anytime, anywhere, bypassing foreign exchange controls and allowing free movement of funds.
Annual Inspection
After the registration of a Hong Kong company, it is necessary to carry out an annual examination on schedule according to the requirements of the Hong Kong Registry, the specific annual examination fees include: the Companies Registry to declare the annual government fees; the Inland Revenue Department to replace the business registration certificate fees; the cost of secretarial services throughout the year, and so on.
Audit
Hong Kong company audit report, also known as Hong Kong company audit report. According to the Hong Kong company law, Hong Kong companies are required to submit financial statements to the Inland Revenue Department of Hong Kong every year for statutory audit by Hong Kong Certified Public Accountants (CPAs) (auditing the truthfulness and completeness of the tax return information and the correctness of the actual tax payment) and signing of the statutory audit report.
Change of Information
After the registration of a Hong Kong company, there may be a need to make changes to a certain matter of the company, which will require a change of company information. The change of company information mainly includes the change of company name, shareholders, directors, registered capital and other information.
Hong Kong company registered capital
Hong Kong company registered capital requirements and mainland
companies are different, Hong Kong company registered capital is
not limited, the most common registered capital of 10,000 Hong Kong
dollars, and Hong Kong company registered capital for the nominal
capital, no need for capital verification.
However, the registered capital of a Hong Kong company represents the debt liability that the company can assume, so the more registered capital of the company is not the better.
And the Hong Kong Inland Revenue Department will charge stamp duty on the transfer of shares of the company, in the later operation of the transfer of shares, the higher the stamp duty generated.
Registered Hong Kong company to a certain extent can bring convenience to enterprises, not only to save costs, more conducive to the enhancement of corporate image, but also convenient and easy to manage.
