Nature of branch offices
What are some of the advantages of setting up a branch office in Hong Kong?
There are numerous advantages of setting up a branch office in Hong Kong and they include among others;
- Tax advantages;
- Access to new market since the parent company sets its presence on a new market;
- A branch office is relatively easy to set up;
- A branch office has a relatively low maintenance cost;
- It is a way of expanding your business.