Transcript hongkong ppt - Timeshare Immigration Law House

WELCOME TO HONG KONG QMAS VISA
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
HONG KONG’S STRATEGIC LOCATIO:
GATEWAY TO CHINA & HEART OF ASIA
 The world's 4th 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
FORBES TAX MISERY INDEX 2009
Hong Kong continues to
have the lowest tax misery
in Asia Pacific and 3 lowest
in the world, scoring 41.5
A COMPARISON OF TAX RATES
Hong Kong
Singapore
Mainland China
Corporate Tax
16.5% maximum rate
17% maximum rate
Standard rate = 25%
High/New Tech Enterprises
(HNTE) = 15%
HNTE some regions 0%
Income Tax
15% maximum rate
(salaries)
20% maximum rate
5 - 45%
VAT/GST
Nil
7%
Certain exemptions apply
17%
Certain exemptions apply
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
Nil for dividends,
management fees,
interest, rent
5.25 % for royalties
Nil for dividends
10% for royalties
15% for interest
20% for directors
Income not
Subject to Tax
Withholding Tax
All income subject to tax
(certain preferential tax
treatments for foreign-invested
enterprises)
10% for dividends
10% for royalties
10% for interest
10% for capital gains
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 8th most e-ready economy in the
world by Economist Intelligence Unit.
 Ranked Asia’s most innovative economy by
Global Innovative Index.
 Ranked the 3rd highest average broadband
connection speed by US-based network
provider Akamai Technologies.
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
ASIA’S LEADING CITY FOR INTERNATIONAL BUSINESS
643
Regional Headquarters
526
Regional Offices
431
447
289
224
213
91
19
18
K
or
ea
42
an
en
21
Ta
iw
46
ed
tr
al
ia
22
Sw
40 51
A
us
ga
p
Si
n
N
et
or
e
54 49 43
nd
s
an
y
er
m
G
66
Fr
an
ce
74
138
104
It a
ly
123
he
rla
127
na
96
C
hi
U
K
pa
n
Ja
U
S
EU
115
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
44
CEPA BRINGS BENEFITS TO TRADE IN GOODS AND
SERVICES
CEPA applies to:
Trade in Goods
Trade in Services
• All finished goods
• Goods exported direct from
Hong Kong to the Mainland
• 42 service sectors
• Benefits vary per sector
Benefits:
• Removes all export duties
Eligibility:
• “Made in Hong Kong”
products, under specified
‘Rules of Origin’
• Greater market access than WTO
rules:
– Lower market entry criteria
(capital, trading history etc.)
– Can establish wholly owned
providers
• Companies must have
“substantive operations” in HK
• Must obtain certification from
relevant HK authorities
ABOUT HONGKONG
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 QMAS (Quality Migrant Admission Scheme)
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.
HONG KONG QMAS VISA
WELCOME TO THE TIMESHARE IMMIGRATION LAW HOUSE
TIMESHARE IMMIGRATION LAW HOUSE AND LEGAL FEES
20000 + 14.5% TAXES INR
YOU WILL RECEIVE THE DOCUMENT CHECKLIST AND FURTHER VISA APPLICATION
PROCESS
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)
SENDING ALL THE DOCUMENTS TO HONGKONG HIGH COMMISSION FOR
APPROVAL FOR AUTHENTICITY
IF QUALIFICATION ASSESSMENT REQUIRED 20000 INR (292US$)
AFTER APPROVAL
MEDICAL
SENDING DOCUMENTS FOR VISA STAMPING TO HONGKONG HIGH COMMISSION
AFTER VISA 100% JOB ASSISTANCE
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