| Hong Kong offshore corporations: What are the advantages of incorporation in Hong Kong?
Hong Kong is one of the world's reliable and efficient financial centers. The advantages of no exchange control, sound legal system and efficient transport/communication networks make the incorporation in Hong Kong very attractive. Hong Kong is ranked as one of freest economy in the world.
A major advantages of Hong Kong company incorporation is that it
is not perceived as a tax avoidance vehicle, as Hong Kong is a major trading entity. There is no capital gains tax and exchange control. The laws of Hong Kong guarantees free trade as well as low taxes for a Hong Kong company.
Number Directors, Officers required:
- By statute Hong Kong companies must have a minimum of one director and one shareholder. One person can be both a director and a shareholder. There is no statutory requirement that the shareholders or directors be residents of Hong Kong. They can be individual persons or corporations.
- Director names are not private in Hong Kong
- A corporate secretary is required in Hong Kong which is provided as part of the package
- Nominee director service is available for $350
Shares/Stock
- There is no require paid-in capital
- There is no time limit in which Authorized Capital must be fully paid
Taxes There are no corporate taxes on foreign earned profits.
Fees
Hong Kong Corporation with Cyprus Offshore Bank Account $1599
Registered office and corporate secretary - included
Agent certified copy of corporate documents for bank opening - Free, a $150 value
Optional nominee director/shareholder service for $350
Courier via DHL $75. Delivery in 10-14 business days.
Annual Fees
The annual fees of the company are $350 for govt fees, $350 registered office and corporate secretary, $350 per year for nominee services. All fees are payable commencing the anniversary of the corporation.
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