We always assist our clients to open bank accounts with a major international bank in HK rather than a small bank in a tax haven country. Our clientele include many foreign investors from a wide range of industries. Many of these foreign-owned HK companies do not have operations in HK and use our office as their registered office address. Therefore their profits are considered to be offshore income and not subject to HK taxes. It is common for a foreign-owned company in China to have a HK holding company because in HK, there is no foreign exchange control, it is easier to have letter of credit facilities and its tax rate is low.
Shareholders can be anonymous.
Further the HK Inland Revenue Department is not allowed by the HK law to disclose any information to any one, including local or overseas governments. All voice and fax messages will be automatically forwarded to your designated email address.