Offshore Company Registration
Offshore Companies are businesses that have been registered, established or incorporated outside of the country of residence.
Using our extensive professional contacts, we are able to provide offshore company formation at a competitive price in virtually all offshore jurisdictions. Through our network of trusted associates, our Hong Kong law firm XI HONG HU LAW FIRM LLC acts as a "one stop shop", extending outside the Hong Kong jurisdiction to incorporate and manage offshore companies, trusts and foundations for clients who request a centralised control over their international tax structures and to meet our clients’ specific objectives.. Our law firm also provides guidance throughout the whole process, by offering the services of preparing the required documentation, such as the bank account opening applications and property transactions.
The UAE, the Bahamas, the British Virgin Islands, Belize, Panama, Hong Kong, Guernsey, Jersey, Marshall Islands and Mauritius are some of the offshore jurisdictions we can provide to our clientele.
Offshore and low tax jurisdictions offer good possibilities to legally boost profitability of your business. The professional approach of our employees to tax planning allows for exploitation of advantages of legislations varying across countries, depending on specifics of your companies activities. Being our client you can optimise the taxation burden on your company while preserving the necessary confidentiality.
Some traditional offshore centres have evolved into dynamic, tax neutral international centres with highly developed financial markets and expertise. Other traditional offshore centres have diversified and developed robust products to strengthen their use in international structuring. A number of traditional onshore centres have sought to compete by introducing competitive domestic taxation for international business and competitive double taxation agreements. A careful blend of these, often provide our clients with tremendous opportunities in international structuring.
Offshore structures are absolutely legal tools with which you can optimize your business and tax payments. Corporations and individuals utilize offshore companies for various reasons: Manage Risks, Maintain Privacy, Avoid Bureaucracy, Reduce Tax Burden, Protect Assets, Reduce Costs, Enhance Assets, etc. The reasons for going offshore also include: Access to International Tax Treaties, Security of Property Rights, Free Remittance of Capital and Profits, Enhanced Banking Privacy, Foreign Insurance Products, Political Stability, Availability of sophisticated Banking Facilities and Financial Instruments, Customs and Duty Exemptions.
Tax Planning and Tax Optimisation
Tax Optimisation is an instrument for economically active tax payers who are ready to consider any legally available means to enhance effectiveness of their business and increase profits.
Today, many presentable companies use offshores. Many of them have a purpose of tax optimization; however, offshore business possesses many other advantages: