Oversea Company Incorporation

Introduction

According to the Hong Kong Companies Ordinance, overseas offshore company is defined as the company which incorporated in area outside Hong Kong, and comply with the Hong Kong Companies Ordinance with a registered office. Once it is registered in Hong Kong, the company will be treated as a Hong Kong legal entity.

Some regions have formulated loose tax systems and regulations to attract foreign investors to set up overseas companies. They only required paying annual license, oversea revenue from overseas companies are not subject to any tax payment, tax declaration, etc.

The purpose to incorporate an overseas company

	Tax planning
	As a holding company
	International trade
	Holding property or fixed asset
	Keeping bank account, trust or foundation
	Business investment
	Listing outside Hong Kong

Regions include

	British
	British Virgin Islands (BVI)
	Samoa
	Brunei
	Marshall Islands
	Cayman Islands
	Anguilla
	Delaware
	Nevada
	Singapore
	Bahamas,
	Bermuda
	Seychelles
	Mauritius
	Nevis

Advantages for incorporated overseas company

	It has a privacy protection, no need to disclose the identity of shareholders and directors
	No need to have company secretary
	It can open bank accounts all over the world
	It can use Chinese names as companies names
	No need to submit audited accounts
	No need to hold an annual meeting
	It can issue bearer shares
	Convenience on transferring shares and no need to pay stamp duty

General Requirements

	At least 1 shareholder over 18 years old (any nationality)
	At least 1 director over 18 years old (any nationality, both positions can be taken by the same person)

Required documents

	Proposed registered Chinese and English names, or single Chinese or English name of the company
	Copies of the shareholders and directors ID cards or passports
	Registered Hong Kong address of the company (we can provide this service)
	Copy of the company legal secretary ID card. If the legal secretary is a company, it should provide a copy of certificate of incorporation and business registration certificate

For any enquiries, please contact Mr. Ivan Wong at 2317 4045, via fax 2317 4049 or via email.