How To Start Offshore Company Setup In Hong Kong?

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HONG KONG OFFSHORE COMPANY SETUP

Hong Kong is Asia’s 6th most liveable city. It has a growing multinational population and has a well-developed infrastructure for business, banking, tourism, and accommodation. There is no shortage of skilled labor in Hong Kong which boasts a literacy rate of 96% and a computer literacy rate of 95%. Setting up an offshore company in Hong Kong is an excellent way to house a company’s global corporate profits while minimizing taxes. If there is no trade conducted within Hong Kong, companies will be legally tax-exempt.

THE SIGNIFICANCE OF HONG KONG IS

  • As a regional headquarters
  • Gateway to China
  • Gateway to Asia
 

BENEFITS

  • QUICK INCORPORATION
  • FAMILIAR LEGAL SYSTEM
  • MINIMAL REQUIREMENTS
  • REGISTERED ADDRESS

LICENSES PROVIDED FOR

  • Limited Company
  • Branch Office
  • Representative Office
  • TAX EXEMPTION
  • LOW CORPORATE TAX
  • NO LANGUAGE RESTRICTION
  • STRONG FDI INFLOW
  • 34 DOUBLE TAX TREATIES
  • EASY BANK CREDIT

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Mainland Company Setup

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Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.

Presently, there is no requirements to deposite the share capital in UAE local bank.

Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space