Hong Kong companies are overseas companies and foreign trade companies are mainland companies, which is the most essential difference. It is this reason that leads to the following differences: 1. Registered capital: The registered capital of a Hong Kong company does not need to be verified in place, and the minimum is HK$ 1 10,000, which only represents the economic responsibility of shareholders. The registered capital of mainland foreign trade companies needs to be verified in place. If you want to register a company with import and export rights, then the registered capital of 654.38+0 million is not a small requirement. 2. Office address: A registered Hong Kong company may not work in Hong Kong and need not rent an office. Foreign trade companies in the Mainland must have offices in business buildings to register now, especially import and export companies. How many times do they have to check every year/kloc-0? The rent problem is also a big expense. 3. Hire employees: After the Hong Kong company is registered, you don't have to hire employees, even the SOHO home office, because you don't have to work in Hong Kong. You can accept orders and collect money directly from Hong Kong companies. It is also an important cost for mainland companies to hire employees after renting offices. Foreign trade, professional foreign trade forum, foreign trade process, foreign trade knowledge, foreign trade document template 4. Tax difference: Hong Kong companies have few taxes, low tax rate, no value-added tax and business tax, and the main tax is profit tax (equivalent to domestic income tax, 16.5% tax rate). Moreover, the tax system applies the principle of "geographical source taxation", that is, "the business is not operated locally and the profits come from overseas" can apply for government exemption from profits tax. Apart from tax exemption, the tax filing cycle of Hong Kong companies is also different from that of Chinese mainland. It is the first time to file tax returns 18 months after the establishment of the company, and then 1 year, 1 time, which takes a long time. On the other hand, in mainland companies, there are many taxes such as value-added tax, business tax and income tax. 1 month declare income tax 1 time, and the profits will be turned over immediately. The income tax rate of 25% is very high. 5. Nature of the account: Hong Kong itself is an overseas company, so any account opened in the future, whether it is a local account in offshore account or Hong Kong, is an overseas account that is not subject to foreign exchange control in the Mainland. You are free to receive payment from overseas guests, and there is no need to settle foreign exchange. After the money arrives, it can be transferred to the accounts of domestic and foreign enterprises and individuals at will. If it is transferred to the account of a mainland company, it is equivalent to the entry of foreign exchange from abroad, and the mainland enterprise can apply for verification and tax refund. Part of the profits can be retained in the account or transferred to the mainland personal foreign exchange account, and then settled for use.