Shenzhen QianHai Company Setup Benefits
Hotline: 86-755-82148419 Email: info@citilinkia.com
Qianhai is situated in the Pearl River Delta. With the completion of railways and roads by 2020, Qianhai will be within a one-hour commuting radius of the Pearl River Delta and within a 30-minute commuting radius of Hong Kong. The main arteries of traffic in the region, including the Shenzhen-Zhongshan corridor, Shenzhen Western Port, Shenzhen North Station and Guangzhou-Shenzhen Yanjiang Highway all pass through Qianhai,which is extremely close to the Hong Kong Border in Nanshan district, and aims to entice businesses in the above fields to the city by offering preferential tax rates, investment opportunities, and low cost office space amongst other benefits.
QianHai Company Setup Benefits
Ultra low corporate income tax (CIT) of 15% until December 2020 (even Hong Kong’s is 16.5%, and Mainland China is generally 25%)
CIT Tax breaks for certain industries where tax exemption lasts for 2 years from their first profitable year, and is subsequently charged at 50% (of the standard 25% CIT rate) for the next 3 years
‘Green’ companies rewarded with CIT tax breaks
VC SMEs eligible for CIT tax breaks
Businesses may account for 30% of their income from none-preferential business activities, meaning that companies have more flexibility in how they can trade
Foreign high-end talent, skilled foreign workers, may be eligible for individual income tax reductions by subsidy if the income tax equals 15% or more of their total taxable income
Reformed tax declaration, making it easier and faster for companies to handle their taxes in China
Close proximity to Hong Kong and the main cities of the PRC
Can get loans from Hong Kong banks in CNY, but with Hong Kong loan rates
Billions of CNY in government grants for preferred industries
Easy access to Hong Kong and overseas banks, many of whom choose Qianhai as their local HQ
Hong Kong CPAs may provide their services within the zone as partners of local accounting firms, as may various other registered Hong Kong professionals
Hong Kong education providers may set up international standard schools within the zone
Hong Kong medical service providers may set up international standard healthcare service providers, such as clinics, within the zone
Hong Kong and Macau telecoms providers may set up a joint venture with Chinese firms in order to offer international class telecoms services for the zone
World class logistics, be it the custom built port, or the numerous local international airports
Youth entrepreneur innovation hub offering subsidised company start up costs, research, networking with Hong Kong peers, and venture capital opportunities for younger entrepreneurs
Setup Procedure For QianHai Companies
1.Application for the establishment of enterprises
2.Apply for the company name
To be completed within 3 working days.
3.Gain pre-approval to register the company
4.Submit the application to the QianHai authorities for approval
5.Once approval is gained, submit the application to the secretary of commerce to register the company
Complete registration process
6.Once registration is complete, return legal documents to you and your QianHai company will be open and ready for business
In addition to China/HK/Offshore company registration, Worldwide trademark registration, Patent and Copy right protection, Business plan draft, Labor contract draft, Market study, Payroll services, Financial consulting and business legal consulting, etc.
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net , or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to anitayao@citilinkia.com.