Create an Offshore Company in

Hong-Kong

A presentation brought to you

by BridgeWest.eu

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Advantages of Creating an

Offshore Company in

Hong Kong >>

• Hong-Kong is a desirable location for

creating offshore companies by

foreign investors.

• One of the great advantages of

owning an offshore company in Hong Kong is the possibility to have a board composed only of foreign

members.

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>> Advantages of Creating

an Offshore Company in

Hong Kong

• There are several advantages of

opening an offshore company in Hong Kong:

a friendly tax system;

little intervention of the government

in the foreign company’s activities;

simple registration procedure;

economical and political stability.

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The Tax System in Hong

Kong

• The tax system for a company setup

in Hong Kong is friendly for the

foreign investors.

• For example, the corporate income

tax is 16.5 %, the VAT doesn’t exist

and there are no estate tax capitals,

gains duty and no withholding tax on

dividends or interest.

• Also the foreign profits are exempt

from tax.

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Directors and Shareholders

of an Offshore Company in

Hong Kong

• An offshore company opened in

Hong Kong must appoint at least

one director but their number may

be unlimited.

• It’s not mandatory for them to be

Hong-Kong residents.

• Minimum one shareholder is

required and maximum fifty are

allowed.

• The shareholders may be natural

persons or companies.

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Incorporating an Offshore

Company in Hong-Kong

• The foreign investors have two

choices when incorporating an

offshore company in Hong-Kong.

• They may register a new company

or buy an already registered one.

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Buying a Shelf Company in

Hong Kong

• The companies that are only

registered but don’t poses any

liabilities or assets are called shelf

companies.

• A ready-made company in Hong

Kong may be purchased by investors

that have no time to wait until a new

company is incorporated.

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Register a New Company in

Hong Kong >>

• The investors that wish to register a

new business in Hong Kong must

know a few facts.

• First, the company’s desired name

must be checked at the Companies

Registry.

• If it’s not a duplicate or too similar with

another one, it can be reserved.

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>> Register a New

Company in Hong Kong

• In order to register a new company in

Hong Kong the following documents

are required:

the registration application form;

the Memorandum of Association and

Articles of Incorporation;

the passport copy of the founders;

bank reference letter for non-resident

shareholders or directors;

copy of Hong Kong identity card for

Hong Kong resident shareholders or

directors;

copy of parent company registration

documents.

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Registering an Offshore

Company in Hong Kong

• After 14 days from the registration, the

offshore company established in

Hong Kong must also deposit the

following documents:

notification regarding the

registered address;

the decision of appointing the

director(s) and the secretary and

their consent to act in that

position;

other documents requested by

the Business Registration

Office.

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Company Formation in Hong Kong

• Opening companies in Hong

Kong is a complex matter that usually

requires the advice of a company

formation specialist.

• Please contact our company

formation specialists in Hong

Kong for more information about the

process of creating offshore

companies in this country.

Thank you for your

attention!

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Please contact us for more information at:

(+44)203-287 0408

office@bridgewest.eu

http://www.opencompanyhongkong.com/