Trade Lead Description:
Unlike other countries which tax the worldwide profits of a business, Hong Kong only taxes companies on profits accrued via trade or business transacted within Hong Kong. Therefore, by helping you form a Hong Kong company, you can have an operational company that is tax exempt because it derives its profits outside Hong Kong. For this reason, the Hong Kong company formation service we provide is one the most popular amongst our clients. It is also worth mentioning that in Hong Kong, there is no tax on capital gains, dividends and interest earned. Essentially, the Hong Kong tax system is one based on taxing income generated within Hong Kong rather than one which levies taxes based on residence.
Another benefit you can obtain from a Hong Kong company formation is that you can transfer offshore income and capital to Hong Kong without being subject to any taxes. However, it should be noted that the primary factor that that determines the source of income is based on the place where th Posted from Hong Kong - Hong Kong on 2 October, 2008
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