Worldwide, there are more than 15 countries offering international tax free system, including Hong Kong China, BVI and other offshore countries. This means, businesses operating outside of these countries are not subject to their local taxation. We generally call these countries “Offshore Countries” or “Offshore Jurisdictions”.
Tax is an important factor to attract international businessmen and multi-national companies for considering the offshore option. Apart from the attractive tax free system, international tax planning, wealth management, wealth protection, asset protection, high privacy and confidentiality of company ownership and less regulation requirements are the benefits of using an offshore company.