Offshore Company Registration in Hong Kong through Enterslice
July 3, 2018 at 12:47 pm,
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If the Directors of the company does not reside in Hong Kong, then you can request the status of “offshore company” (note that depending on the case you must also comply with some additional conditions). In this case, your company will have to pay 16.5% tax on any profit generated in the territory of Hong Kong and no tax on profits generated outside. This means that if, for example, your company imports mobile phones or tablets from China to resell them to European wholesalers or through an American e-commerce site, then the Hong Kong government will not require you to pay any tax (again, provided to have obtained the status of “offshore company”.
Although Hong Kong is politically a part of China, its legal system is actually different from China because British laws prevail (the reason is that Hong Kong has been a British colony for more than a century). Hong Kong is, together with Singapore, the most liberal economy on the planet. Opening a company is simple, fast and affordable (the government requires only HK $ 1,730 for company registration in Hong Kong and HK $ 2,250 per year for business certificate). Anyone can open a company in Hong Kong without having to live there or be a citizen (provided you use an agency).