1. Reasonable tax saving. For example, if domestic products are to be exported to the United States, the Hong Kong company will first sign a purchase contract of 1 million yuan with the American buyer. Then the Hong Kong company and the Shanghai factory signed a contract, and the selling price was slightly higher than the cost price, totaling 600000 yuan. At this time, 400,000  were retained in the bank account in Hong Kong. Although there are two contracts, goods from domestic factories can be directly sent from Shanghai to overseas. The import is a reverse operation.

2. Free collection and payment of foreign exchange. It is unnecessary to provide contract, bill of lading, customs declaration and other information for payment from home and abroad.

3. Tax reduction. Hong Kong has a single tax system with only profit tax, and the first 2 million Hong Kong dollars of corporate profits, the tax rate is 8.25%. For profits above 2 million Hong Kong dollars, the tax rate is 16.5%.

At Globlue Enterprise Services, we understand the importance of entrepot trade to businesses, and we offer a range of services to help our clients register a Hong Kong company and navigate the complexities of entrepot trade. Our experienced team of professionals can provide guidance on the best approach to your specific situation, assist with company setup and registration, and provide ongoing support with tax compliance, accounting, and other business needs.

Choose Globlue Enterprise Services for your entrepot trade needs and benefit from our expertise and experience in navigating the Hong Kong market. Contact us today to learn more about how we can help you achieve success in your entrepot trade business.