Offshore Company in Hong Kong

Simple incorporation procedures for an offshore company in Hong Kong. Based on factors such as time, cost and minimum capital required to start a company, Hong Kong is the world’s 2nd easiest location in which to set up a company, as indicated in the World Bank's Doing Business 2011 report. Companies in Hong Kong are set up through the Hong Kong Companies Registry.

According to the Heritage Organisation's 2011 Index of Economic Freedom, Hong Kong is the world’s freest economy across the business, trade, monetary, financial, investment and labour markets.

Because of the Closer Economic Partnership Agreement (CEPA) between Hong Kong and China, an offshore company in Hong Kong enjoys excellent access to one of the world's fastest growing economies. The CEPA is a free trade agreement which grants Hong Kong manufacturers and service providers with preferential access to the Chinese market. For example, more than 1,000 products which qualify as ‘Made in Hong Kong’ can be exported exempt from duty to China. The CEPA Hong Kong businesses have access to an estimated 450 million consumers in nine southern Chinese provinces. Hong Kong is China’s third-largest trading partner after the US and Japan.

Hong Kong is strategically located geographically. A company in Hong Kong is located in i) a global financial centre (Hong Kong is rated the world's 3rd largest financial centre in the 2011 Global Financial Centres Index (GFCI) ii) close to Asia's expanding economies, which remain less exposed to the global credit crunch and economic slowdowns affecting the US and European economies iii) conveniently located on international transport and communications networks, including air and shipping, making Hong Kong a successful trading hub.

A wide rage of world-class banking services are available to international investors. In our opinion, banking services in Hong Kong are among the world's best, despite increased time required to open a bank account. Hong Kong corporate bank accounts are available in multiple currencies and feature excellent internet banking facilities. Many of the world's leading banks have operations in Hong Kong. Popular banks offering corporate bank accounts include HSBC, DBS, Standard Chartered and Citibank.