There is no foreign exchange control in Hong Kong. The commission of overseas clients is received and paid by a Hong Kong company. The time of receipt is about1-2One working day makes international remittance more convenient.

Domestic companies pay commission and are not allowed to exceed the contract amount when the enterprise income tax is settled5%More than5%Tax adjustment is required. The enterprise income tax is not allowed to be deducted. In addition, the insurance industry can be preferential18%. However, the commission paid by the Hong Kong company only needs to be real and reasonable, there is no deduction limit, and it can be actualized.

Hong Kong has a simple tax system. Companies are usually only subject to profits tax if they do not purchase property. It also has one of the lowest tax rates in the world, with a profit tax rate of just16.5%.

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.