Company Formation Benefits
Use Of Company Formation
- International trade with offshore companies has less restrictions;
- The income of offshore trading collected through offshore bank account is exempted from taxation;
- It’s convenience and reliable to receive, open or transfer letters of credit,;
- Offshore bank account deposits has no exchange controls and can withdraw money anytime;
- Offshore companies as holding companies have no restrictions on investment and financing;
- Shares transfer through offshore company needs no stamp duty;
- Trademark registration and copyright holding through offshore company can protect the priceless assets;
- The purchase of real property through offshore company needs no taxation in transferring;
- Using offshore trust needs no personal income tax;
- Heritage arrangements through offshore company need no estate duty.
Benefits For Offshore Company
- One person can be both the shareholder and the director: ensure the absolute individual private ownership of the company, safe and reliable;
- No need to submit Office Address: provide government-recognized registration address by the Agent, flexible and convenient;
- No need of asset injection: the registered capital is in the form of subscription, and needs no asset injection;
- No need of accounting and taxation: save your time, energy and money. (Hong Kong companies need accounting when there is an income);
- Open a bank account of foreign currency: the best way to have an offshore bank account of foreign currency and can open & receive letters of credit;
- No restriction on industry registration: various varieties of industries can be registered, company name is flexible and with less restriction;
- Quick and simple incorporation procedure: no need of complicated approval from the authorities, ready-made companies to choose from;
- Convenience of company financing for listing: opportunity for companies with profits to be listed in the international financial center;
- Anonymity & privacy protection: shareholders’ information is not public, highest level of privacy protection;
- Reduce the risk effectively: ensure the safety of personal property by using offshore companies to operate business;
- Avoid trouble through the fiduciary: exempt from personal income tax and estate duty through offshore trust;
- Enhance the company's image & status: overseas offshore companies are commonly recognized by the governments and commercial banks all round the world;
- Possess property capital: capital transfer needs only shares transfer, simple & tax-free;
- Stable policy and permanent possession of the company: company renewal on schedule, can be conducted indefinitely;
- Guaranteed international status: overseas offshore companies, international recognition, protected by the related international law;
- Legal tax exemption is not tax evasion; asset protection is not concealment; financing is not money laundering; anonymity is not deception. (Due to the different jurisdictions, and the different regulation and law system, the taxation and the company renewal will be different)