Offshore companies offer benefits to an existing business or to an individual on a multitude of levels: offshore asset protection, confidentiality, enhanced privacy, tax savings or simply growing your business outside of the Hong Kong.
Conducting business and undertaking banking transactions in the name of a legal entity, such as an offshore corporation, provides significant privacy and confidentiality benefits. The names of the officers, directors and shareholders can be excluded from the company’s documentation in many jurisdictions. Most offshore financial centres will not divulge the beneficial owners or officers within the offshore corporations, to a third party.
The potential benefits of a properly structured offshore company are numerous and are as followings: