is the use of a tax haven corporation to act as an intermediary
between an onshore business and his customers outside
his home country. The profits of this intermediary corporation
and the onshore business allow the accumulation of some
or all profits on transactions to be accrued to the
The continuing growth of world trade over recent years
has led to greater centralisation of operational functions
within a business, and companies are creating commercial
"hub" to drive these centralised functions.
Increasingly, businesses are using Hong Kong as such
a hub (or reinvoicing centre) to make use of its favorable
distribution costs, convenient time zone (especially
for trading with China and other Asia-Pacific countries),
efficient banking system and its lack of exchange control.
As one of the world's leading international business
centre, reinvoicing centre operating in Hong Kong is
a powerful tool in tax planning. With appropriate structuring
and arrangement, companies can enjoy favourable tax
concessions in Hong Kong.
With appropriate arrangements and structuring, there
are following advantages as a whole :-
NO tax on the tax haven corporation's
low taxes (or no tax, subject
to final tax assessment by the Tax Authority) if
using a Hong Kong company or offshore company with
place of business in Hong Kong
maintain bank accounts in Hong
Kong, a city of sound banking system and without
manage bank accounts easily
remain privacy and confidentiality
on reinvoicing model
low costs of operations
and more ...
Our aim is to provide a comprehensive service to our
clients in offshore operations. If you find above helpful,
please free to contact us.