Would you like to set up an offshore company but are unsure which country to domicile it in? Asia, and in particular jurisdictions such as Hong Kong and Singapore, are options we invite you to consider.
Discover all the reasons why a French or European entrepreneur might choose to domicile their offshore company in Asia!
Asia: a global economic power
Over the past 50 years, Asia's economic situation has changed considerably. Today, it is an economic power to be reckoned with. Moreover, by 2030, some experts predict that this continent will become the world's leading economic power. With a total population of 4.4 billion, Asia is a rapidly expanding market.
Of course, there are significant disparities among the different countries in Asia: some are more attractive to foreign investors than others. It all depends on the policies implemented in each country. For example, the Chinese government allows a territory such as Hong Kong to offer very favorable tax treatment to business founders: companies only have to pay corporate tax when their business activities take place in the territory, which is not supposed to be the case with an offshore company.
In addition, purchasing power also varies greatly among Asian countries. GDP per capita is particularly high in Singapore, Hong Kong, and Taiwan. By registering your company in one of these territories, you increase your chances of reaching this market.
By establishing your company's registered office in Hong Kong, you will therefore benefit from the advantages of a growing economic power, rather than one in crisis as in Europe.
A sign of professionalism and competitiveness for your company
Registering your offshore company in Hong Kong is a mark of credibility and competitiveness.
Indeed, this territory (along with many others in Asia) is highly regarded by Europe. The reason is simple: although very advantageous, its tax system does not make Hong Kong a tax haven. Offshore companies therefore do not choose Hong Kong to commit tax fraud or money laundering: illegal activities are not tolerated, and the authorities carry out numerous checks to ensure that companies are fully compliant.
If you wish to establish strong business relationships with Asian suppliers, you should know that having your company domiciled in Hong Kong will also be viewed very favorably. Trade will be facilitated, and you will benefit from significant commercial advantages.
Domiciling your offshore company in Hong Kong therefore places you within a legal and coherent internationalization process.
We domicile your offshore company in Hong Kong
Our firm has specialized in supporting offshore companies in Hong Kong since 1998. If we choose to register your company in this jurisdiction, it is not without reason: it is a particularly advantageous location for French companies wishing to enter the offshore system.
However, please note that we can offer you other jurisdictions for domiciling your offshore company if Hong Kong is not an option. For example, Singapore has strong economic growth, and its tax system is also highly attractive to foreign investors. Our firm's objective is to provide you with fully personalized expertise based on your company's specific circumstances.
If you have any questions about this subject, we invite you to contact our team to discuss your situation. We will provide you with the information you need to consider establishing your offshore company in Asia with greater peace of mind!