Hong Kong Offshore Company |
Located in the South
China Sea, Hong Kong consists of a large number of islands and a part
of the Chinese mainland. As a result of its geographical location and
excellent harbour, Hong Kong has become a focal point for international
trade. In July 1997 all of Hong Kong became a Special Administration
Region (HKSAR) of the Republic of China. The aim was to maintain HKSAR
and the Republic of China as separate governmental, legal and economic
systems. Its strong infrastructure, low tax rate and its minimal government
regulation have enabled Hong Kong to position itself as the gateway
of the financial centre of the Pacific and Far East.
Hong Kong Limited Company
One of the major
advantages of utilising a Hong Kong entity is that it will not be perceived
as a tax avoidance vehicle, as Hong Kong is a major trading entity
in its own right. There is no capital gains tax and exchange control.
The basic law of Hong Kong guarantees free trade as well as low taxes.
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