Profit tax is payable by every company on revenue earned in Hong Kong. Profits which have a foreign source (offshore profits) are usually not subject to Hong Kong Profit Tax.…
Hong Kong without doubt has been a dominant player in the Asian region. It is one of the best places to do business. The most common type of business entity…
An offshore banking refers to a banking institution located outside the jurisdiction or country of an account’s holder. For instance, if an American resident or citizen opens a bank account…
Oversea bank account opening is becoming more difficult as in front of tax pressure banks are revising their strategies, de-risking is becoming the new norm and bank account rejections or…
Seychelles is one of the islands that offer a very competitive economic environment. It is an open market system that has very little or no government interference. It offers a…
While major world economies went crushing down and businesses went bankrupt, the Dubai economy remained strong. Many investors from all over the world including Singapore, Spain, Germany, Kuwait and Japan…
Hong Kong offers one of the most competitive business environments. It is an open market that is free of much political interferences. The ease of capital flow from the small…
Today Hong Kong remains one of the best offshore banking centres. It offers a politically stable environment, bank secrecy and tax benefits. However, opening a corporate bank account is pretty…
The legal act that regulates the formation, management and dissolution of companies is referred to as Companies Act. It normally varies from place to place. You cannot create a company…