Moreover, the offshore business of Hong Kong companies is tax-free, and a two-tier profits tax system is implemented, that is, the profit of the first HK$ 2 million of Hong Kong companies is calculated at the tax rate of 8.25%, and the part exceeding HK$ 2 million is calculated at 16.5%. Mainly to reduce corporate tax burden and promote economic development. Opening a bank account is also relatively simple. You can open an account in person in Hong Kong or remotely in a bank in Singapore. The company's later maintenance costs only involve secretarial services, annual review and tax returns.
The epidemic situation in Hong Kong is still unstable. Banks that can open corporate accounts recommend Hong Kong Overseas Chinese Wing Hang, Hong Kong DBS, Hong Kong HSBC, Hong Kong East Asia, Hong Kong Daxin and Hong Kong Nanyang.
Second, Singapore.
Singapore is the third largest financial center in the world. About one-third of the world's top 500 companies choose to set up their Asian headquarters in Singapore. The advantages of a company registered in Singapore are also obvious: high international reputation, commercial advantages radiating to Southeast Asia and even the whole world, convenient international trade, simple registration process, low tax rate, less tax revenue and convenient settlement of foreign exchange. To build a multinational brand, Singapore is an ideal place to register offshore companies.
For small and medium-sized enterprises, registered Singapore companies have quite good tax incentives, and if they meet the corresponding conditions, they can also achieve the purpose of immigrating to Singapore. This advantage has also attracted many investors to register companies in Singapore.
The post-maintenance costs of Singapore companies are also relatively low, involving only secretarial services, annual review and tax returns. Moreover, Singapore bank accounts can be opened remotely, which greatly saves the registration cost and time.
Start-up Tax Relief (SUTE)
Starting from the tax year of YA2020, the newly established company can enjoy a maximum tax reduction of S $6,543,800+0.25 million (about RMB 625,000) in the first three tax years:
1) Taxable income within the first 65,438+10,000 Singapore dollars: reduced by 75%, equivalent to the tax rate of 4.25%.
2) Taxable income of the next SGD 654.38+ million: minus 50%, equivalent to the tax rate of 8.5%.
3) Taxable income exceeds S $200,000: the tax rate is 17%.
After three years of establishment, the company can still enjoy part of the relief plan.
There are three major banks in Singapore: Industrial Bank, uob, Overseas Chinese Bank and HSBC.
Third, Cayman
Cayman Islands is a popular offshore registration place. Because companies registered in Cayman are extremely private, company information can be fully protected. Moreover, Cayman's company has a short registration time and only complete information. It takes about 10- 15 working days to complete the company registration in Cayman.
In terms of taxation, Cayman also has quite good preferential policies. The profits of offshore business do not need to pay profits tax, so the tax burden is light and double taxation can be avoided. Moreover, Cayman can operate remotely, with no upper limit on registered capital, no need to pay stamp duty, free name and permission to use the ending form of companies from multiple countries.
You can open some Hong Kong banks, Singapore banks and domestic NRA accounts.
3. Marshall Islands
Marshall Company, based on common law, is well received by foreign businessmen, with strong privacy, convenient business operation and reasonable tax system. It is not necessary to declare beneficiaries, annual profits and financial status, submit annual statements or audited accounts, and convene annual general meeting of shareholders. Moreover, overseas offshore Marshall companies are not restricted by tax and foreign exchange regulations, and their names are relatively free, and Chinese names can be added to their names.
You can open some Hong Kong banks, Singapore banks and domestic NRA accounts.
Four. BVI
BVI (British Virgin Islands) has a low cost of registration and maintenance. If it is not used, it can be cancelled automatically. A person can completely own a limited company, which is based on English common law and has good financial and legal facilities. There is no need for an audit report, only information reflecting the economic situation can be kept. Island International Co., Ltd. has a low tax rate and is rarely subject to tax control. Profits earned by overseas operations are not subject to profits tax.
You can open some Hong Kong banks, Singapore banks and domestic NRA accounts.
Verb (abbreviation for verb) American company registration
What are the benefits for cross-border e-commerce or trade?
1, local platform is preferred.
As a well-known e-commerce platform in the United States, Amazon has certain localization preferences. After registering an American company, it takes less time to apply for an Amazon account, with more categories, lower store closing rate and more trust from local consumers; In addition, Wal-Mart Overstock Sears and others also restrict only American companies to settle in.
2. Enhance the international image
Registering American companies is the best choice for American companies to carry out transnational business and enhance their international image.
3. Expand overseas markets
The United States is the country with the highest economic aggregate and the largest consumption in the world, with a very huge consumer market and perfect market mechanism. Americans have high incomes and bold consumption.
4. Priority of trademark application
Compared with enterprises in other countries and regions, registering American companies can help you win American trademarks faster;
5. Facilitate cross-border collection.
After registering an American company, you can open an American bank account, which provides a lot of convenience for cross-border e-commerce to collect money. You need to use a third-party collection platform, and you don't need to pay a high platform usage fee.
6. Reduce the tax burden of enterprises
Some states in the United States, such as Nevada, Delaware and Oregon, have low tax rates and few taxes. If you do not operate in the United States, you can be exempted from corporate income tax.
7. Priority financing and listing
Registered American companies can directly apply for local business or project loans, or directly or indirectly go public overseas, so as to achieve the purpose of corporate financing!
8. Convenient immigrant visa
Registering an American company provides opportunities for business activities in the United States, which greatly facilitates visas to the United States, children's study abroad, relatives and friends' guarantees, and group business visits, and removes obstacles for your family immigrants.