●   Singapore Company

●    Hong Kong Company

●   BVI Company

●   Comparison between the companies in major nations / regions

Singapore Company

Singapore is good reputation and complete confidentiality regulations. Singapore is well-known for its commercial advantages, including well-equipped infrastructure, telecommunication facilities, established legal system, low taxation rate, free flow of information, etc.  The commercial environment in Singapore is very favorable for running business.  The framework for setting up companies, running business, and taxation are very simple.

The advantages of setting up companies in Singapore:

• Limited liabilities, the business risk does not affect the private properties of the shareholders.

• Limited Company has the benefit of continuity of existence and can be passed down from generation to generation and for long-term operation.

• The capital for the setting up a company can be as low as SG$1, without the needs of capital examination.  The registered capital is free to increase and no minimum requirement on the paid up capital.

• Singapore adopts a territorial source principle of taxation.  The income and profits, which have a source from foreign countries, are not subject to Singapore Profits Tax.

• The owners of Sinapore companies do not require to hold Singapore Identity Card, and no need to reside in Singapore.  Even more, they do not need to physical present in Singapore for the setting up of companies.

• Enjoy tax benefits by deduction of various business expenditure, such as interest expenses on mortgaged properties and hire purchase of motor vehicle, and depreciation allowance of fixed assets.

• With a company set up in Singapore, can enhance the corporate image and international identity, increase the confidence of clients and business partners.

• Singapore is a mature financing and listing market, can help the corporations to raise monies and grow rapidly.

• Setting up Singapore limited company will help in applying the right of abode in Singapore.

If you want to set up a Singapore Limited Company, please click “Singapore Company”.

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Hong Kong Company

Hong Kong is one of the free economy in the world.  It locates in the center of Asia and also is as a gateway to China.  Hong Kong is well-known for its commercial advantages, including well-equipped infrastructure, telecommunication facilities, established legal system, low taxation rate, free flow of information, etc.  The commercial environment in Hong Kong is very favorable for running business.  The framework for setting up companies, running business, and taxation are very simple.

The advantages of setting up companies in Hong Kong:

• Limited liabilities, the business risk does not affect the private properties of the shareholders.
• Limited Company has the benefit of continuity of existence and can be passed down from generation to generation and for long-term operation.
• The capital for the setting up a company can be as low as HK$1, without the needs of capital examination.  The registered capital is free to increase and no minimum requirement on the paid up capital.
• Hong Kong adopts a territorial source principle of taxation.  The income and profits, which have a source from foreign countries or China, are not subject to Hong Kong Profits Tax.
• The owners of Hong Kong companies do not require to hold Hong Kong Identity Card, and no need to reside in Hong Kong.  Even more, they do not need to physical present in Hong Kong for the setting up of companies.
• Enjoy tax benefits by deduction of various business expenditure, such as interest expenses on mortgaged properties and hire purchase of motor vehicle, and depreciation allowance of fixed assets.
• With a company set up in Hong Kong, can enhance the corporate image and international identity, increase the confidence of clients and business partners.
• Hong Kong is a mature financing and listing market, can help the corporations to raise monies and grow rapidly.
• Setting up Hong Kong limited company will help in applying the right of abode in Hong Kong.
• The use of limited companies in property transfer can save a large amount of stamp duty.

If you want to set up a Hong Kong Limited Company, please click “Hong Kong Company”.

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BVI Company

British Virgin Islands, abbreviated as BVI.  The companies incorporated in the BVI are formed under the International Business Companies Act.  These companies are normally called as offshore company or overseas company.  The BVI companies are not subject to local tax and no foreign exchange control in BVI.  In addition, the local government only request minimal filing requirements.  Therefore, these factors do attract many multinational companies and individuals to registered BVI companies.  At present, the BVI is the world’s most popular offshore register center.

The offshore BVI limited company requires at least one shareholder and one director while their capacities can be overlapped.  The advantage of set up an offshore company is that there is no need to disclose the identities of shareholders and directors.  There are no foreign exchange control and no local taxation for the commercial activities performed outside the registered place.

The benefits of setting up a BVI company includes:

• If not operate any business in Hong Kong, not require to report tax or pay tax in Hong Kong,
• There is no requirement on minimum capital,
• Privacy protection, no need to disclose the identities of shareholders and directors,
• Chinese company name is available,
• No foreign exchange control,
• Not require to submit audit account,
• No annual general meeting of shareholders or directors meeting required,
• Can open bank accounts around the world.

If you want to set up a BVI Company, please click “BVI Company”.

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Comparison between the companies in major nations / regions

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If you want to set up any other Company, Please click"Other Companies".

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