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Qianhai Corporate Formation Advantages

Updated:2018-3-28 17:15:42    Source:www.tannet-group.comViews:183

Qianhai corporate formation, also known as Qianhai business setup, Qianhai company establishment, Qianhai business incorporation, have so many eminent advantages. As a crucial part of the Guangdong Pilot Free Trade Zone, the Qianhai & Shekou area is a main part of the economic cooperation between Shenzhen and Hong Kong, covering an area of 28.2 square kilometers and including Qianhai and Shekou.

Major advantages of registering a company in Qianhai
1. Geographic Advantage of Close Proximity in Hong Kong
Using the geographical advantage of close proximity with Hong Kong, Qianhai will play an important role in strengthening the partnership between Shenzhen and Hong Kong. By following the international business practices that are already in place in Hong Kong, Qianhai will create a fairly honest, efficient and transparent business environment.

Within the framework of partnership between the Guangdong Province and Hong Kong, Qianhai will help industries from both Guangdong and Hong Kong to complement each other and create an environment that is conductive to economic development.

2. Outstanding Overall Transportation
Situated at the major development axis of the Pearl River Delta region and the coastal functional expansion zone intersection, Qianhai is closed to the two airports in Shenzhen and Hong Kong respectively.

The Guangzhou Shenzhen Coastal Expressway will go through Qianhai. Qianhai is within one-hour radius of the Pearl River Delta and half-hour commuting radius of Hong Kong. All the infrastructure will provide Qianhai with excellent means of transportation and logistical advantage; that should prove to be strategically important in the region of Guangdong, Hong Kong and Macau.

3. Innovative Institutional and Mechanism Advantage
Relying on the innovative spirit of Shenzhen, Qianhai will seek innovation in its institutional and mechanism. With the most innovative mechanism, the most potential for industrial development and the most preferential supporting policies, it has become one of the most developed zones in China.

4. Special Policies Supporting the Development and Opening-Up of Qianhai Service Industry Cooperation Zone
In 2012, the State Council approved the relevant policies in the development and opening up of Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Shenzhen Qianhai shall be supported to adopt pilot polices even more special than those of special economic zone. The policy consists of 6 articles and 22 sections covering finance, tax, legal affairs, human resource, education and medical care, and telecommunications.

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