The Benefits of An Offshore Company Registration
An offshore company is simply a business registered outside its jurisdiction.
Establishing an offshore company can offer different advantages such as :
1. Simplifying your operations.
2. Reducing the tax burden on your business.
3. Easily protect your assets and transactions with other countries.
4. Get a broader exposure in another place, making intellectual property-owning, copyrights, trademarks, and patents much easier.
5. A bigger chance of gaining more clients.
Hong Kong is one of entrepreneurs' go-to places when setting up their offshore companies for its attractive features :
1. Great access to do business in Mainland China, neighboring regions, and other countries.
2. Competitive and low-tax rates at 8.25% for Profits Tax.
3. Cost-efficient shipping, logistics, and freight forwarding with free trade, free enterprise, and free-market regulation.
4. Skilled, versatile, & well-educated workforce that can speak Cantonese, Mandarin, and English.
5. Simple and easy company formation with a digital banking account for instant global transactions.
With an in-depth knowledge of how offshore companies work, you are opening your company to greater opportunities, and Hong Kong might be a good start.
Find out why entrepreneurs continues to choose Asia's World City as the best offshore location : https://asiabc.co/launch-your-dreams-hong-kong-got-your-back/
You can also learn more about the nitty-gritty of Hong Kong taxes here : https://asiabc.co/3-direct-taxes-in-hk-why-are-they-attractive-to-tax-savvy-startups/
All set to explore and see what Asia's World City offers? Learn more here :
https://asiabc.co/services/company-registration/hk-with-fintech-account/
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