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A Hong Kong offshore company is one of the best corporate structures in the world. The ease of setting up an offshore company in Hong Kong has been recognised by the World Bank's Doing Business Survey, which ranks Hong Kong as the third easiest place in the world for conducting business. Reasons for setting up a Hong Kong offshore company include: |
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| 1. | A Hong Kong offshore company is an excellent corporate vehicle to house global corporate profits, thus minimising international taxation. |
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| 2. | A Hong Kong offshore company is an ideal gateway to China. An upcoming major project that allows for Hong Kong offshore company to leverage on this gateway is the Shenzhen-Hong Kong Innovation Circle, which is designed to encourage overseas enterprises to conduct scientific research in Hong Kong. Besides that, Hong Kong and Shenzhen are also jointly funding eight more R&D projects. |
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| 3. | 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. 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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| 4. | An offshore company in Hong Kong 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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| 5. | Favorable corporate tax rules make a Hong Kong offshore company the perfect holding company.
More information on Hong Kong tax planning strategies can be found on this incorporating a Hong Kong entity page. |
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| 6. | Hong Kong's corporate and personal banking system is considered one of the most secure in the world. Hong Kong has strong client confidentiality guidelines and has committed to the OECD tax principles. |
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| 7. | Of the many legal entities permissible in Hong Kong, the limited liability company is the preferred investment vehicle. |
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| 8. | 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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| 9. | With at least 10 new major infrastructure projects planned, this presents new opportunities for foreign investment in Hong Kong. A project that will greatly ease and facilitate access to mainland Chinese markets is the Guangzhou-Shenzhen-Hong Kong Express Rail link. |
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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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