Hong Kong as First Choice for Enterprise Oversea Expansion, the Operation Pattern of Offshore Company is Mature
As an international metropolis, regardless in the aspects of geography, infrastructure and economy, Hong Kong provides superior business environment for investors and brings broad development opportunities for enterprises. Hong Kong plays an indispensable role in the world's financial, culture, economic and trade. The commercial position of Hong Kong in particular, is unmatchable for any other cities in this world. Due to this, Hong Kong has become the first choice for multinational business of global entrepreneurs and investors. While, Hong Kong incorporation through offshore operation has already become an important pattern and trend for many enterprises.
Hong Kong is the first choice for enterprise oversea expansion
According to the calculated figure of the government of Hong Kong Special Administrative Region, the amount of foreign investment to Hong Kong has reached 535 billion HKD in 2010, increased by 32% compared to the same period of 2009. Meanwhile, the statistic of Hong Kong investment promotion bureau revealed that they have already successfully assisted 198 foreign enterprises to develop or expand their business in Hong Kong in the first half year of 2011. In the future, the amount of enterprises seeking business expansion will increase continually via Hong Kong.
The operation pattern of Off-shore Company is mature
According to the demonstration of related investigation, the business expansion through offshore company will become important choice for global enterprises to promote foreign development. Meanwhile, the registration of Hong Kong Offshore Company has become one of the most important choices to develop cross countries business for foreign trade. The expert indicates that setting up subsidiary company is hope to take the operation pattern of offshore company, thus to promote the internationalization for companies.
The statistic of registration office of Government of Hong Kong Special Administrative showed that the number of Hong Kong’s registration company has surpassed 900, 000 and achieved 912242 in the first half year of 2011, increased by 48480 compared to last year. Through the operation pattern of offshore company, it can play a role as buffer between parent company and subsidiary, to transfer the investment risk effectively. Meanwhile, due to the high confidentiality of offshore company, it provides more convenience for enterprises to carry out foreign investment.
Of course, apart from the operation pattern of Hong Kong offshore company, Cayman Islands, Bermuda and other offshore places have become the favorable places for company incorporation for global enterprises. This kind of company generally is not subject to any tax, except an annual license fee. The world's leading offshore company incorporations are in the British Virgin Islands, Cayman Islands, Bermuda, Bahamas, etc., sharing the common characteristics among them: The incorporation procedure is simple and convenient, free movement of foreign capital, without conduct business activity in incorporation area the company is not subject to any tax, as well as the company information are entitled to high confidentiality.
If you have any concerns on Hong Kong Company incorporation or offshore company registration, welcome to contact with Conpak CPA website http://www.conpak.com. We are more than glad to share you more information.
Tags:company formation,trademark registration
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