Offshore companies formation
From the Hong Kong prospect, all other companies incorporated in other jurisdictions are classified as Offshore Companies. Most popular juridications are those of Bristish Virgin Islands, Seychelles Islands, Samoa, Macau, New York.
Reasons to have an offshore company
1. Ownership privacy
Normally, company director and shareholder's information does not available for public search.
2. Exemption of statutory audit
Under BVI Business Companies Act, statutory audit is not required. it's wholly under the management's decretion to prepare an audited financial statements or not.
3. Change of ownership and directorship is simple and low cost
Change of ownership and directorship is effective on the passing of shareholder or director resolutions
Jurisdictions those we can handle:
- Bristish Virgin Islands;
- Seychelles Islands
- New York