offer Hong Kong companies at the beginning, but the follow-up to return, have to spend a lot of money.
British company started more expensive, but the future does not need tax returns, but also do not engage in so many documents.
Another problem is the HK can do zero-reporting, comparison, costs have a larger discount.
My question is the feasibility of this statement above, this does seem more cost effective. but there is doubt that Hong Kong companies off easy? cost it?
overseas companies in Hong Kong to manage the company as the most stringent areas Hong Kong Inland Revenue Department after the company provided as long as business operations,中国银行外汇牌价, regardless of whether Hong Kong should make the local occurrence of the audit and the auditor's report before application for tax exemption on overseas profits can be exempted from taxes. If you have a business report for the 0, then the Inland Revenue Department is not in operation for your company, with the facts, the directors will assume the risk of tax evasion.
UK state registration of local operation is not, then do not like each year for the Hong Kong company that audits the auditor's report, as long as fixed when the anniversary year management can be, relatively speaking, management simple.
So if starting from the follow-up point of view, is mainly to exchange earnings, then the British company is also a good choice. Offshore company is not only a Hong Kong company can operate, the key is to choose their own registration to operate.
the UK is different from Hong Kong, the Hong Kong company is set up, those who need the operation, whether in Hong Kong operations to local or non local, the Hong Kong Inland Revenue Department will be mandatory for managers to apply for a Hong Kong company's business Registration Business Registration Certificate (HKD2450, valid for one year), which is equivalent to our domestic license is necessary when opening a bank account over one of the documents, if they do not apply for the illegal operation. Each has a business registration certificate registration number, after tax time when Hong Kong companies will use this number.
in Britain set up the same time if the Company is not in the operation of the oath made, you can not apply for Britain's VAT Tax ID. In the absence of Britain's VAT tax ID, you can not open an account in the United Kingdom, and only after the application can be made to the tax ID number of UK Customs to handle matters related to import and export, so local companies for the UK and trade with England The UK is the need to apply for a tax number, and the Hong Kong situation is the same, must be reported to the government financial situation, do the auditor's report, and the United Kingdom is different from the United States, the profits tax by the source principle of taxation Therefore, only the profits generated before the needs of the local taxes. So for the offshore operations of UK companies can open accounts in non-United Kingdom, which can be successfully opened to the legitimate operation of the trade account, you can also get the tax exemption.
UK companies registered offshore so strongly recommend that you have to be in the United Kingdom unless the business to collect VAT tax ID, do not open any accounts in the UK.
Hong Kong registered company information and what