Hong Kong offshore company incorporation
Hong Kong offshore company formation is an excellent option for investors or entrepreneurs who want to take advantage of the opportunities offered by the dynamism of the Chinese economy.
Hong Kong offers owners of offshore companies a reliable and simple tax system. An offshore company in Hong Kong is exempt from corporation tax when it engages in international business activities.
In other words, corporation tax is charged at 0% for offshore companies operating outside Hong Kong and 16.5% on business activities conducted in Hong Kong.
Hong Kong company is exempt from paying tax on dividends or bank interest received.
An offshore company in Hong Kong does not pay taxes on capital gains or inheritance rights.
Hong Kong
Hong Kong is an internationally recognised financial centre. It is located in Southeast China, and became part of the People’s Republic of China on 1st July 1997. It is a Special Administrative Region of the People’s Republic of China, with its own laws and its own judiciary.
Hong Kong’s economy is very liberal. There are no foreign exchange controls, nor restrictions on capital inflow and repatriation, and coins can circulate freely. Money can be deposited, withdrawn or transferred from a Hong Kong bank account as often and freely as required without presenting any justification or paying contributions.
Hong Kong is fast becoming one of the most popular jurisdictions for incorporating an offshore company. Every year, more than 150,000 companies are registered, attracting investors and entrepreneurs from around the world.
Service fee for Hong Kong company formation
Done within 5 working days.
100% online.
USES OF AN OFFSHORE COMPANY IN HONG KONG
Import & export
A structure potentially adapted to the import/export activity with the Asian market which represents a growing market.
Hong Kong’s global exports and imports are USD 569.1 billion and USD 627.3 billion respectively.Holding
A holding is a parent company whose purpose is to bring together partners or shareholders who wish to acquire a significant influence in other companies.
E-commerce
A favorable and suitable jurisdiction for drop-shipping thanks to the country’s transport services and logistics infrastructure.
Connected to more than 5000 international destinations with more than 100 international shipping companies, the port of Hong Kong is the 3rd busiest in the world and its cargo airport is one of the busiest in the world.FINANCIAL INSTITUTION
It’s one of the activities that are subject to regulation. A license application from the regulator is needed, but it remains easy to obtain.
Heritage protection
One of the most favorable jurisdictions to protect your property and assets.
ADVANTAGES OF SETTING UP AN OFFSHORE COMPANY IN HONG KONG
Capital
No capital release requirement when setting up a company.
ACCOUNTANCY
Compulsory annual declaration.
CORPORATE TAX
Exemption from profit tax, income tax, capital gains tax and inheritance tax.
EXCHANGE CONTROL
Hong Kong does not impose exchange controls.
STABILITY
Flexible legislation, politically and economically trustworthy, with more than 70 double taxation agreements signed.
Company formation in Hong Kong main characteristics
| Formation timeframe | 5 days |
| Type of business entity | LTD |
| Corporation tax | 0% |
| ISO standards management | Available |
| Guidelines for financial performance of transfer price and other considerations | Shell company |
| Information on shareholders | Not available |
| Directors information | Not available |
| Nominee Services | Available |
| Accounting | Bookkeeping annual accounts |
| Financial License | Available |
Looking to start your own Hong Kong Offshore Company?
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