Hong Kong/China tax question
Hi, I represent an Israeli company who is planning to establish a distribution and marketing center in Asia. The products are made in Israel, so there is no need to open a factory, just warehouses. It seems that the company should be established in Hong Kong (lower tax?), the question is where the top management will be located, offices and living. Is it necessary to have an office in HKG? Is showroom enough? If the foreign management will live in China but work for the HKG company will they have to pay taxes in HKG, China or none (I heard that also....)? Any information will be helpful, Thank you!
Hi, I represent an Israeli company who is planning to establish a distribution and marketing center in Asia. The products are made in Israel, so there is no need to open a factory, just warehouses. It seems that the company should be established in Hong Kong (lower tax?), the question is where the top management will be located, offices and living. Is it necessary to have an office in HKG? Is showroom enough? If the foreign management will live in China but work for the HKG company will they have to pay taxes in HKG, China or none (I heard that also....)? Any information will be helpful, Thank you!