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How to take control of your tax burden in Hong Kong

This year, Singapore-based Healy Consultants celebrates its 12th anniversary of assisting international entrepreneurs incorporate one of the most recognized and efficient business entities in the World – Hong Kong offshore company.

 
PRLog - Apr. 28, 2014 - About taking control of your taxes in Hong Kong

Hong Kong offshore business is the greatest trading vehicle for doing business with China. Preferred tax-efficient system is available in one simple and time-saving setup procedure. Entrepreneurs are able to minimize their tax burden and obtain full tax-exemption, if no trade is maintained within the Special Administrative Region (SAR). Presently, up to 60% of the foreign investments in the China are generated from Hong Kong, while it handles 30% of China’s exports. Consequently, this entity is ideal to conduct business not only with booming China, but also with expanding markets, including India, South-East Asia and Australia.

Healy Consultants specializes in optimizing Client’s company structure and accounting, enabling companies to take full advantage of Hong Kong’s tax regime. Favorably, offshore businesses are exempt from taxes, including: i) capital gains; ii) withholding taxes; iii) VAT and others.

About the benefits from Hong Kong offshore business

Hong Kong offshore companies benefit from the SAR’s stable political and sophisticated legal systems. Strict legislation is imposed in order to protect intellectual property, thus promoting to entrepreneurs a secure business environment. In comparison to other low tax jurisdictions, offshore business in Hong Kong (http://www.healyconsultants.com/asia-pacific-incorporatio...) is not considered a tax avoiding mechanism and the authorities are firmly committed to follow OECD’s tax principles.

Trading across borders is seamless and Hong Kong takes second place in the World in this criterion, according to the World Bank for 2014. Trade in this region is further supported by a safe financial system, as seen in this report of the World safest banks for 2013, with most of the reputable banking institutions available for bank account opening in Hong Kong.

About the straightforward incorporation procedure

Healy Consultants can register your new offshore business in just one short week, and obtain corporate bank account approval and Internet banking, each taking less than two weeks. For incorporation, only one director and one shareholder from any nationality are required, offering full ownership of the vehicle. Favorably, there is no requirement for minimum issued share capital. The only mandatory demand, however, is for a resident company secretary, present in the city. Conveniently, Healy Consultants can provide professional, resident company secretary service (http://www.healyconsultants.com/corporate-outsourcing-ser...) and local office space.

Healy Consultants believes the demand for reputable and internationally recognized offshore setups, like Hong Kong, will be a preferred option for trading across borders. Because of the above, Hong Kong offshore business setup is clearly one of the best solutions for investors out there.

About Healy Consultants

http://www.healyconsultants.com/

Healy Consultants provide a full range of professional services, which include the following:

·         Offshore financial services
·         Accounting and taxation
·         Corporate finance
·         Business start up services
·         Corporate banking
·         Global marketing services
·         Company formation
·         International trading strategies

Healy Consultants are professionals who offer quality services, which perfectly match the needs of our highly sophisticated clients. We are also proud of the fact that our services are affordable and accessible by our most modest customers.

Our clients have access to an excellent range of quality products and services. We come with rich experience and a global presence, resulting in unique market awareness beneficial to your firm in more ways than one.

For further information:

Mr. Aidan Healy, Business Owner, Healy Consultants
Room 1505B, 15/F Fortress Tower,
250 Kings Road,
Hong Kong.
Tel: (+852) 8331 1911

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Contact Email:
***@healyconsultants.com
Source:Healy Consultants
Location:Hong Kong Island - Hong Kong
Industry:Business, Investment
Tags:Hong Kong corporate banking, Hong Kong LLC registration, Hong Kong subsidiary company, Hong Kong company registration, business setup Hong Kong
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