Is it allowed to buy Hong Kong companies through mainland companies and then invest in China in the name of Hong Kong companies?

Allow this operation. If Hong Kong companies want to go back to the Mainland, they can set up domestic representative offices of Hong Kong companies, brand authorization or set up wholly foreign-owned or joint ventures in the Mainland.

1, registered place. Representative offices can only serve as reception and consultation services, and cannot carry out business. Different regions have different requirements for offices. Some companies in Hong Kong need to be established for more than 2 years, and some need local Hong Kong residents to serve as company directors.

2. Brand authorization. Brand authorization is the most cost-saving and commonly used method. Authorization is very simple. Sign an authorization agreement with a domestic company in the name of an overseas company, thus claiming that the overseas company has full authority to handle the daily affairs of a Hong Kong company in China.

3. Joint venture. When Hong Kong returns to the Mainland to invest in joint ventures, it needs company certification first. No matter where the company is, it must be certified by the local embassy or representative office in China, and then approved by the local foreign economic and trade commission, followed by industrial and commercial registration and tax registration. The most important issue here is capital verification, because foreign investors have to inject funds from abroad in the form of foreign exchange when they return to China to invest. Please consult the local industrial and commercial bureau for details.

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