Main characteristics
| Kind of company | Limited Company |
|---|---|
| Legislation and authority | The Hong Kong Company Registry is the authority that regulates the companies born in this country, according to the “Hong Kong Companies Ordinance 1984” |
| Information about company directors | Company directors’ names are registered, but it’s possible to usr a nominee for privacy |
| Privacy | Fully guaranteed |
| Accounting duties | Required, but not publicly accesible |
| Taxation | Foreign profits are not taxed |
| Standard currency | HK $, but any currency is accepted for capital |
| Finance | Hong Kong is an important financial center |
| Stability | Stable and well-known jurisdiction |
| Comunications | Good means of communications |
| Time zone | GMT+8. |
| Secretary obligations | Yes |
| Legal system of reference | Common Law. |
| Capital to pay | No minimum capital is required (1 $). |
| Minimum number of directors/shareholders | At least 1 Director |
| Shares to the bearer | Shares to the bearer not allowed |
| Costs | Tariffs: € 2950 for company constitution – € 1450/year for its maintenance |
To get more information about Tax Havens and procedure to open an offshore company in such jurisdictions, do not hesitate to contact us; our experts will be glad to help you to choose the best solution for you.