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A Hong Kong offshore company is one of the best corporate structures in the world. The ease of setting up a Hong Kong offshore company has been recognised by the World Bank's Doing Business Survey, which ranks Hong Kong as the fourth easiest place in the world for conducting business. Reasons for setting up a Hong Kong offshore company include: |
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| 1. | The laws governing a Hong Kong offshore company are outlined in the Hong Kong Companies Ordinance of 1997 and company incorporation is controlled by the Companies Registry (www.cr.gov.hk). Through the Companies Registry, companies are registered and administered, corporate compliance and disclosure requirements are monitored, and statutory audits by public accountants are regulated. |
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| 2. | A Hong Kong offshore company is an excellent corporate vehicle to house global corporate profits, thus minimising international taxation. |
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| 3. | Favorable corporate tax rules make a Hong Kong offshore company the perfect holding company.
Visit this webpage for more information on Hong Kong tax planning strategy. |
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| 4. | A Hong Kong offshore company is an excellent medium through which to enter the Chinese market. Refer to this Gateway to China page for more information on using a Hong Kong offshore company as a vehicle to enter China. |
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| 5. | Hong Kong company details are available on the Companies Registry for public viewing including shareholders and directors, date of incorporation, share capital and registered address. |
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| 6. | Of the many legal entities permissible in Hong Kong, the limited liability company is the preferred investment vehicle. |
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| 7. | Hong Kong's corporate and personal banking system is considered one of the most secure in the world. Hong Kong has strict client confidentiality and bank secrecy laws and is not a signatory to the OECD tax harmonisation initiative, and so it does not exchange customer information across borders. |
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| 8. | In a tax haven jurisdiction, a Hong Kong offshore company is not perceived as a tax avoidance mechanism. Consequently, it is easy to open corporate bank accounts globally for a Hong Kong offshore company. Banks such as HSBC, Standard Chartered and Citibank provide corporate bank account services. |
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Contact Us |
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For more information on our Hong Kong offshore company services email email@healyconsultants.com or call us in Hong Kong at +(852) 8331 1911. |
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Back to Hong Kong Company Formation page. |
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| © 2003 Healy Consultants Pte Ltd | ASIA COMPANY SET UP SERVICES |