There have been many people saying that the registration of Hong Kong companies is tax evasion, which is completely wrong. Now there are many domestic and overseas large and small enterprises, such as Taobao, Jingdong, Tesla, Douyin and so on. They are all listed companies, so are they tax evasion? The answer is definitely not.

       They are taking advantage of the tax differences between countries and regions to do legal tax planning, because Hong Kong has one of the lowest tax rates in the world. There is no turnover tax, only profit tax.

       Therefore, many companies engaged in international trade, international investment, international services, cross-border shops, international projects and bulk commodities, etc. As long as your business has international relations, no matter it is domestic or overseas, they will use the platform of Hong Kong to help them reach international business transactions.

       CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.