There are so many benefits to setting up an overseas company
Convenient foreign exchange transactions
Registering an overseas company
You can open overseas accounts and domestic offshore foreign exchange accounts. It can facilitate foreign exchange transactions and avoid foreign exchange losses, and you will not be restricted by import and export agencies in terms of funds. When importing, sometimes the domestic foreign exchange storage ratio is not enough, and you need to purchase foreign exchange. If exports collect foreign exchange through overseas companies, there will be a certain ratio of foreign exchange preservation, which can solve part of the problem of purchasing foreign exchange. There are domestic foreign exchange controls and retaining part of the funds abroad will have some impact on future investment projects or fund mobilization. So many conveniences. Because there are no foreign exchange controls on overseas funds, funds can be freely transferred to personal or corporate foreign exchange accounts at home and abroad.
Enjoy tax incentives
Conducting business operations through overseas companies
You can also enjoy tax incentives because overseas tax rates are low and there are fewer taxes. Even some areas do not levy overseas profits tax (for example, the so-called profits tax is a tax on the pure profits generated from local operations
Import operation mode Domestic foreign trade companies open letters of credit or/open accounts with overseas companies, and the overseas companies/ Or/to foreign exporters, of course/or/the funds in overseas company accounts can be freely allocated within a reasonable range, that is, greater or less than the original import amount, so that the corresponding tariffs or income taxes will be reduced
Use overseas companies
to purchase goods from China and sell them to overseas customers. Overseas customers remit money to the overseas company's account, and then return the cost to the account of the domestic company or foreign trade company (does not affect tax refunds. The profits of such products have been retained in The profit will not be settled in foreign exchange and no tax will be paid.
The operation is safe and worry-free
Customers without import and export rights can collect money overseas through the foreign exchange account of the overseas company. Customers' money also increases their own security, so that the import and export company will not have direct contact with overseas customers in the future and lose its own living space. In addition, it can also prevent the import and export agency from knowing its own profits
Utilize for business Trading can avoid some risks for domestic factories or foreign trade companies. In order to reduce corporate risks, many international traders choose overseas companies (such as) to operate.
Facilitate investment and operation
Use overseas companies
Return to China to do business Investment projects, setting up domestic offices of Sino-foreign joint ventures/wholly foreign-owned enterprises, etc. can fully enjoy domestic preferential policies and improve their competitiveness
Use overseas companies to join forces with domestic enterprises (such as authorized manufacturing/design/operation/use of brands, etc. To improve product quality and create an international brand.
Enhance company image
Register an overseas company
Create an overseas background for the company, enhance product image and enhance customer trust
Develop international market prospects, register Overseas companies are an inevitable choice.
Other advantages
The above are the advantages that friends who do foreign trade can take advantage of the operation of overseas companies. In fact, there are many benefits to registering an overseas company, such as using its limited liability to purchase properties and cars. etc., you can reduce risks by using its name freely, you can apply for international trademarks, and use its confidentiality to go public and raise funds by yourself. Use its internationalization to bypass tariff barriers and export quota restrictions.
Will Zhuo Shi is Huima A subsidiary of Si, it is committed to providing global enterprises and entrepreneurs with professional business support and a platform for displaying business opportunities, including company registration, intellectual property, finance, taxation, accounting, brand marketing, Internet+ and commercial legal affairs. With more than 20 years of experience, customers are located in many countries and regions around the world. , providing solutions for more than 100 customers.
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Kaixuan Business Park Room, Changdi Street, Liwan District, Guangzhou (Exit of Fangcun Station of the Metro, near Fangcun Pier)
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There are so many benefits to setting up an overseas company!