Why create your offshore company in Hong Kong?
Would you like to launch an offshore company, but are unsure which jurisdiction to register your company in? It is important to choose a location with a stable political and economic environment. But that is not enough: ideally, your offshore company should be launched and registered in a jurisdiction with highly advantageous tax provisions. It is also advisable to choose a jurisdiction that is not on the OECD blacklist, as tax havens are not necessarily viewed favorably in Europe.
Hong Kong meets all of these criteria. We invite you to learn more about opening an offshore company in this territory at the heart of Asia!
Company activity and formation
Trade with your offshore company in Hong Kong
If you establish an offshore company in Hong Kong, you will have the opportunity to launch a trading business . Once your company is registered, you will need to open a trader account with an online broker. Please note that we recommend choosing a reputable broker with good reviews.
The capital and profits generated through your trading activity will therefore not be taxable: you benefit from Hong Kong's tax advantages. Banking secrecy is also guaranteed in this jurisdiction: a significant advantage for keeping financial arrangements discreet. Your anonymity will be preserved.
How to set up an offshore company in Hong Kong?
The jurisdiction surrounding the creation of an offshore company in Hong Kong is very flexible. However, since the rules are not the same as in Europe, it can be difficult to understand the regulations. That is why we recommend that you seek assistance from our firm for setting up your offshore company in Hong Kong: your procedures will be easier and faster as a result.
Indeed, we go further than simply providing personalized advice: we assist you with all the incorporation, registration, and domiciliation procedures. One of our advisors will also assist you in opening your bank account in Hong Kong.
Legality and bank account
The legality of an offshore company in Hong Kong
Hong Kong is highly credible in the eyes of the OECD: it is not a tax haven, even though its tax advantages are very attractive to foreign investors. Indeed, its economy is very stable. Setting up an offshore company in Hong Kong is therefore entirely legal, provided that the regulations in force are complied with.
How does opening a bank account work?
Please note that opening a bank account in Hong Kong is the most complex and delicate step. Indeed, you will need to provide a large number of documents proving your business activities. Banks in Hong Kong also reserve the right to refuse a bank account if partners in your company reside in certain countries in Africa or the Maghreb. Working with countries such as Vietnam or Thailand can also be an obstacle. That is why we recommend that you seek assistance from our firm: you will maximize your chances of success.
One final point to note: to open your bank account in Hong Kong, you must travel there in person. Our firm will arrange the appointment and accompany you to facilitate communication.
Implementation and KYC
Hong Kong's business district: the heart of the Asian market!
Central is the business district in Hong Kong. It is truly the gateway to the Asian market. That is why your offshore company will be domiciled there. This is a guarantee of credibility for your clients and suppliers, as well as for the relevant authorities.
Learn more about the Know Your Customer policy
The Know Your Customer (KYC) policy aims to combat money laundering through the implementation of certain principles. Indeed, in some countries, offshore companies are established solely for the purpose of money laundering and tax fraud. This policy has become even more important since the Panama Papers scandal.
At our firm, we comply with these principles: knowing our clients enables us to maintain good relationships with banking institutions and the competent authorities in Hong Kong. If you wish to establish a sustainable offshore company in Hong Kong, the KYC policy followed by our firm should not concern you; quite the contrary: it is a guarantee of credibility.
Click here to learn more about the Know Your Customer policy!