Montag, 16. Dezember 2013

Avoid Problems by Opening an Offshore Account in Hong Kong

Avoid Problems by Opening an Offshore Account in Hong Kong
The financial and banking centre of Asia, Hong Kong has enjoys an excellent reputation for people and companies searching for the ideal offshore banking location.  There are also plenty of consultants who are more than willing to give you assistance in opening a Hong Kong corporate bank account easily and quickly.
Offshore banking in Hong Kong
Why should investors, companies and individuals consider offshore banking in Hong Kong when there are other locations?
Easy to set up
Hong Kong offshore banking accounts are quite easy to set up. They only take approximately 4 to 6 weeks to complete. Most consultants needs only two weeks to prepare the application and banks take two weeks more to review applications, as well as furnish applicants all the necessary details about their bank accounts.
Legitimate and clean
Money laundering has always been an issue in all parts of the world and the government of Hong Kong ensures that capital inflows are clean and legitimate by requesting local banks to know their clients thoroughly when they open or apply for offshore accounts in Hong Kong.
Bond programme
In order to further reinforce the state’s reputation as a financial powerhouse in the region, the government has set up a Bond programme which focuses on Islamic finance.  It aims to create a level playing field not only for all types of banking products.
Secure
Hong Kong offshore banking is secure and has always projected a positive image not only to the region but all over the world. Clients, investors and suppliers who have chosen to bank there enjoy confidentiality.
Opening an offshore account in Hong Kong
There is a great demand for offshore banking in Hong Kong thanks to the increased capital flows from the East and West. The banking facilities in the area are superb. The initial deposit required for a corporate bank account in Hong Kong is only US $2,000. Companies and individuals who need help in opening bank accounts should know that charges vary from one firm to another, or from one consultant to another.
 
Advantages of offshore banking in Hong Kong
The third largest financial and commercial center in the world, next only to New York and London, Hong Kong has more than 160 licensed banks, 128 of which are foreign banks with offices and 225 working licensed depository financial companies.
Profits made outside Hong Kong are not subject to tax even if these profits are transferred in Hong Kong. Confidentiality, political stability, and the absence of currency restrictions are just some of the things which make it the ideal place for offshore banking. 

Top Benefits of Hong Kong Company

Top Benefits of Hong Kong Company Registration
A renowned global business city located in the Asian region, Hong Kong has become the center of financial markets. The third largest financial center in the world, Hong Kong has just been improved to the highest triple A level rating by Standard and Poor.  It has a per capita GDP of about USD 32,000 and it is well ahead of many larger nations.
What makes Hong Kong a very popular and valuable jurisdiction of investors from all over the world? What benefits can investors get from putting their money in Hong Kong?
Social and Political Stability
In global business rankings, Hong Kong always gets good rankings as an efficient place to do business. According to the IMD World Competitiveness Yearbook, it is the 2nd most economically efficient place in the world to do business and according to Transparency International’s Corruption Perception Index of 2010; it is the 13th least corrupt country in the world.
Every business needs a stable economic and political environment in order to survive and thrive and this is exactly what Hong Kong offers. A popular regional operations hub in Asia, Hong Kong has more than a thousand regional headquarters and more than 2,000 regional offices.
Policy and Taxes
Hong Kong has a low and simple tax system. It has a corporate tax rate of 16.5% and it has the third lowest tax misery in the world as rated by Forbes. There is no sales tax or VAT in Hong Kong; no capital gains tax and no withholding tax.  The significant tax benefits are excellent selling point to investors.
Infrastructure
One of the most modern cities in the world, Hong Kong is well equipped in terms of dealing with companies from all over the world by providing them with the best facilities. The city has a world-class international airport with excellent logistics facilities. The city can efficiently transport personnel and products from and to around the world.
Location
In close proximity to China, Hong Kong is vital to any company which wishes to penetrate the market of one of the fastest growing economies in the world. Hong Kong is only an hour’s drive away from Pearl River Delta, the world’s largest manufacturing region. In the year 2010 alone, the Hong Kong Stock Exchange became the second largest stock exchange in Asia in terms of market capitalization. Large Chinese companies see Hong Kong as a great avenue to expand their business within the region.
Hong Kong is indeed one of the best places to register and start a company, be it onshore of offshore. It would be very wise for investors to explore their options in the city. http://www.hongkong-companyregistry.com/top-benefits-of-hong-kong-company-registration/

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