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WELCOME TO HONG KONG QMAS VISA TIL HOUSE TIMESHARE IMMIGRATION LAW HOUSE Asia’s Business Capital A Secure Base to Access Opportunities. RIGHT PLACE Hong Kong’s Enduring Advantages
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ONE COUNTRY, TWO SYSTEMS Rule of law and independent judiciary Level playing field and no foreign ownership restrictions Political stability and pro-business governance The World’s Freest Economy for 16 consecutive years Hong Kong negotiates and signs its own economic and trade agreements and is a full and separate member of the WTO and APEC
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HONG KONG’S STRATEGIC LOCATIO: GATEWAY TO CHINA & HEART OF ASIA The world's 4 th busiest international passenger airport Around 90 scheduled airlines operating some 750 flights per day to about150 destinations One of the world’s busiest container ports - projected to reach 27.9 million twenty-foot equivalent units (TEUs) in 2010
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Hong Kong continues to have the lowest tax misery in Asia Pacific and 3 lowest in the world, scoring 41.5 FORBES TAX MISERY INDEX 2009
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Hong KongSingaporeMainland China Corporate Tax16.5% maximum rate17% maximum rate Standard rate = 25% High/New Tech Enterprises (HNTE) = 15% HNTE some regions 0% Income Tax 15% maximum rate (salaries) 20% maximum rate5 - 45% VAT/GSTNil 7% Certain exemptions apply 17% Certain exemptions apply Income not Subject to Tax Offshore income; dividends; capital gains; tax exemption for interest income from deposits placed with authorised financial institutions Certain remitted income; certain shipping income; certain Singapore dividends; prescribed income of foreign investors arising from certain funds; capital gains All income subject to tax (certain preferential tax treatments for foreign-invested enterprises) Withholding Tax Nil for dividends, management fees, interest, rent 5.25 % for royalties Nil for dividends 10% for royalties 15% for interest 20% for directors 10% for dividends 10% for royalties 10% for interest 10% for capital gains A COMPARISON OF TAX RATES
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WORLD-CLASS INFRASTRUCTURE Fully liberalized telecom sector and advanced telecommunications networks The world’s most affordable internet and mobile phone services with penetration rates among the highest in the world. Ranked the 8 th most e-ready economy in the world by Economist Intelligence Unit. Ranked Asia’s most innovative economy by Global Innovative Index. Ranked the 3 rd highest average broadband connection speed by US-based network provider Akamai Technologies.
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MULTILINGUAL, HIGHLY TRAINED, FLEXIBLE AND MOBILE WORKFORCE Mix of international market savvy and Chinese/Asian business culture English the usual language of business Strong work ethic and integrity Home to Asia’ leading universities and business schools Quality Migrant Admission Scheme
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ASIA’S LEADING CITY FOR INTERNATIONAL BUSINESS 3,580 regional headquarters and offices Source: 2015Annual Survey of Companies in Hong Kong Representing Parent Companies Located outside Hong Kong, Census & Statistics Dept, HKSARG
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CEPA BRINGS BENEFITS TO TRADE IN GOODS AND SERVICES Trade in GoodsTrade in Services CEPA applies to: All finished goods Goods exported direct from Hong Kong to the Mainland 42 service sectors Benefits vary per sector Benefits: Removes all export duties Greater market access than WTO rules: – Lower market entry criteria (capital, trading history etc.) – Can establish wholly owned providers Eligibility: “Made in Hong Kong” products, under specified ‘Rules of Origin’ Companies must have “substantive operations” in HK Must obtain certification from relevant HK authorities
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The most important is Hong Kong's legal system, which is trusted, tried and tested by international business. Hong Kong does offer world class education Hong Kong's capital account is fully convertible, and there are no restrictions on foreign exchange dealings. Property, securities, gold and silver can be bought and sold by anyone, without restriction. A strong and well-regulated financial sector, a free press, the free flow of information, low taxes and a simple taxation system, a pool of managerial talent with international experience, ease of access, proximity to major markets, and a dense network of services firms ABOUT HONGKONG
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The Quality Migrant Admission Scheme ("QMAS") is a points-based immigration system in the Hong Kong Special Administrative Region of the People’s Republic of China. With the aim of attracting talented people from mainland China and the rest of the world to settle and work in Hong Kong, the QMAS set up admissions criteria under which applicants could be admitted to residence in Hong Kong without the prior offer of local employment required for a normal working visa. The scheme included two methods of assessment: a general points test, under which applicants would be awarded points based on their education, age, working experience, language abilities, and family background, and an achievement-based test for people such as Olympic medalists, Nobel laureates, or scientists and professionals with significant recognition in their field. The minimum passing mark under the general points test is 80 points. Nationality: Nationals of Afghanistan, Cambodia, Cuba, Laos, North Korea, Nepal and Vietnam may not apply under QMAS. About QMAS (Quality Migrant Admission Scheme)
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VISA FILLING MANAGER WILL ALLOCATE TO YOUR CASE. (WE WILL ASSIGN YOU A CASE OFFICER WHO WILL BE YOUR ONE POINT OF CONTACT FOR THE ENTIRE PROCESS) YOU WILL RECEIVE THE DOCUMENT CHECKLIST AND FURTHER VISA APPLICATION PROCESS 20000 + 14.5% TAXES INR TIMESHARE IMMIGRATION LAW HOUSE AND LEGAL FEES WELCOME TO THE TIMESHARE IMMIGRATION LAW HOUSE HONG KONG QMAS VISA
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AFTER VISA 100% JOB ASSISTANCE SENDING DOCUMENTS FOR VISA STAMPING TO HONGKONG HIGH COMMISSION MEDICAL AFTER APPROVAL IF QUALIFICATION ASSESSMENT REQUIRED 20000 INR (292US$) SENDING ALL THE DOCUMENTS TO HONGKONG HIGH COMMISSION FOR APPROVAL FOR AUTHENTICITY
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TIL HOUSE TIMESHARE IMMIGRATION LAW HOUSE
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