Situation:
Nationality: French
Living situation: Portugal (Madeira)
Industry: E-Commerce
Revenue: 800k/year
Customer region: Europe
Before Hong Kong Company:
Through the NHL program, he felt that the taxes combined with the social contribution were not as low as advertised by the Portugal tax authorities.
So he looked for a way to continue living in Portugal and legally pay less taxes.
After Hong Kong Company:
We sat down to analyze the Portugal tax laws and found a way to combine them with a Hong Kong company to lower its tax rates to 8% per year in Hong Kong.
This tax rate is optional in Hong Kong if all your clients are outside of Hong Kong
