Most of clients using offshore
corporations are one-person or shelf-owned proprietors.
Properly structured offshore incorporation helps
personal asset protection and minimisation of
personal liabilities and risks. As each offshore
company is a separate entity, company liability
is not linked to owners' personal assets. Lawsuit
in one company is generally not having influence
with other offshore company with the same shareholder
or owners' personal assets and hence, some clients
may establish 2 or more offshore companies in
order to spread through the risks.
Tax planning and saving is another utmost important
feature of incorporating an offshore company.
Properly structured offshore companies may help
the transfer pricing strategy. Offshore company
may acquire capital assets, patents or copyrights
and rent to affiliates at market rates or franchise
globally. Income may be retained offshore. Doing
business with offshore company at arm length
transactions may save tax from a high tax region
To preserve privacy and reduce financial risks
like weak currency, severe exchange control,
political unrest, incorporation offshore, together
with an international banking facilities, may
assist. There are many offshore countries or
areas which are well regulated and politically
stable and free from exchange control.
Family Business protection may be achieved by
setting up an Offshore Trust. Careful and properly
planned clauses within the Trust may restrict
the selling of the family shares in order that
the family business can continue over decades
Strict secrecy and privacy are one of the great
features for offshore incorporations. Owner(s)
may find it useful for different reasons in
accordance to the local rules. Most offshore
companies are not required to disclose the owners
or directors at the public records. The privacy
is keep to maximum.
Low maintenance costs and no statutory requirement
to file Annual Return or Audited Accounts are
added features to go offshore.
You may read more information on :
Hong Kong Private Limited Company
Republic of Marshall Islands Corporation
Belize International Business Company
British Virgin Islands Business Company
Our aim is to provide a comprehensive service
to our clients in Hong Kong and offshore operations.
If you find above helpful, please free to contact