Hong Kong offshore companies offer their owners a completely tax-free system on profits, and that is why these companies are exempt from paying VAT or Corporate Tax. Therefore, 100% of the income is exclusively for the company and the owner of the company.
There is an obligation to present accounting books, but the accounts are not publicly accessible.
All company management positions are listed in the commercial register, which is available for public consultation. We can designate nominee charges to prevent the client's name from appearing.
Another of Hong Kong's great advantages over other jurisdictions is political and judicial stability, so we will not be surprised by this over time. Hong Kong is considered as the second best bureaucracy in Asia.
Hong Kong is home to thousands of the world's most prestigious companies, which has contributed to its reputation as a trusted global business location.
On the other hand, this jurisdiction is committed to the international standard of information and taxation, which offers a reliable image. Therefore, there is a positive view of most of the offshore companies hosted in Hong Kong.
The legal obligations of companies and their administrators are few, which contributes to a great agility in their management. Accounting requirements do exist for companies located in this tax haven, but these costs are included in our services.
If you want to keep your business safe and secure from future claims such as creditors, bankruptcy and other litigation, the formation of an offshore company in Hong Kong will be your best asset.
Hong Kong is a large financial center located in southeast China, and became part of the People's Republic of China on July 1, 1997. It is a Special Administrative Region within the People's Republic of China, with its own laws and its own judiciary.
The economy of Hong Kong is very liberal. There are no exchange controls, no restrictions on the entry of capital and repatriation, and currencies can circulate freely. Money can be deposited, withdrawn or transferred from a Hong Kong bank account as often and freely as you wish without having to submit any evidence, or pay taxes.
Throughout the last years Hong Kong has become one of the most important jurisdictions to create an offshore company. Every year, there are more than 150,000 registered companies that attract investors and entrepreneurs from all over the world.