STEPS TO INCORPORATE A HONG KONG OFFSHORE COMPANY

There are many reasons why a business may want to expand into an offshore office, quite different from the usual narrative of tax evasion. Today, the Asian market offers technology and services that are unrivalled in the world, and an offshore company can be ideal for conducting international trade, for investment as well as asset protection.

Setting up an offshore company in Hong Kong is quite straightforward. Hong Kong's low tax regime, absence of foreign exchange controls, and political and economic stability offers offshore companies a business haven.

You can register a new company in Hong Kong, or purchase an already existing shelf company. In this article, we tell you how to register a company with a simple step-by-step procedure, to help you start the next chapter for your business venture.

Step 1: File an application with the Companies Registry for your Hong Kong company name approval.

Step 2: Submit the incorporation documents to the Companies Registry. Your checklist here includes:

Hong Kong Incorporation application form
Hong Kong offshore company's Articles
Copy of passport, proof of overseas residence, reference letter from the bank (for non-resident shareholders or directors)
OR

Copy of Hong Kong identity card (for Hong Kong resident shareholders or directors)

Copy of parent company registration documents (for corporate shareholders)
There can be any number of Directors and up to 50 shareholders. A sole director can be a shareholder as well. Appointing a Company Secretary is mandated by Hong Kong law - please refer to the Hong Kong Company Setup Guide for more specifications.

Resource source: http://www.ocfam.com/blog/formation/offshore-formation/steps-to-incorporate-a-hong-kong-offshore-company/