Concretely an offshore company in Hong Kong

Concretely an offshore company in Hong Kong

On 1 July 1997, all Hong Kong has returned to British control in China and became a Special Administrative Region of the SAR in the People's Republic of China (PRC).

Hong Kong is the regional head office of over 714 multinational corporations. They are attracted by the English legal system that is to say, a tax system at the lowest. Historically, these privileged trade links are the gateway to the Republic of China. In 2001, in Hong Kong trade with the American continent totaled U.S. $ 167 billion of transactions.

Hong Kong does not have an IBC (International Business Companies), but only Offshore Limited Companies. The Limited Companies that is, limited liability companies (SPRL.). So these companies can operate in Hong Kong therefore benefited from tax benefits related to tax havens. But the most important however is to create it without that negative image commonly associated with being based on a tax haven.

The tax rates in Hong Kong is only 17.5% of local benefits. His government wants to promote Hong Kong as a regional hub for Asia. In addition, it provides an exemption from tax registered companies in Hong Kong, but whose profits are made outside Hong Kong. In summary, Hong Kong is an established and reputable jurisdiction, which has not been blacklisted by the OCDE (Organization for Economic Cooperation and Development). Hong Kong is a privileged place in international trade and the gateway to China and Asia in general.

The advantages of an offshore company in Hong Kong:

• No taxes on companies or profits

• No V.A.T

• Only one person is needed for incorporation