Limited
companies which incorporated in area outside Hong Kong
and comply with the Hong Kong Companies Ordinance with a registered office
are defined as offshore company. Once it is registered in Hong Kong,
the company will be treated as a Hong Kong legal entity.
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Offshore companies are usually used for the management of its related companies in the corporation to classify or control the use and/or types of company (e.g. private/listed company). Under many circumstances, the increase of capital value from the investments of an offshore company is tax negligible, thus adopting offshore company for international business may increase the chances on tax reduction. |
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Moreover, America and the United Kingdom are ranked as the first and the third largest
stock market in the world. Companies registered at these places are recognized by
many countries. This can help the corporation to promote or provide a better image
on the companyˇ¦s product. Where company registered in the United Kingdom can
also be listed on many stock markets in the world. |
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The main usage of an offshore company: |
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Keeping bank account, trust or foundation |
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Holding property or fixed asset |
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British Virgin Island |
Samoa |
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* Cost |
8,000 |
7,500 |
25,000 |
15,000 |
Chinese company name |
Extra charge
1,000 |
Extra charge
1,000 |
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N/A |
Legal Rights of Chinese Name |
Yes |
No |
Yes |
No |
Listing in Hong Kong |
No |
No |
Yes |
No |
Working Days required
for incorporation (Tailor made) |
30 days |
15 days |
30 days |
30 days |
Working Days required
for incorporation (Ready made)
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1 day |
2 days |
X |
X |
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