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Why Hong Kong offshore company formation remains popular?

Hong Kong has evolved into one of the important business centers in the region. Located on the South East Coast of China it became part of China on 1 July, 1997. It is a Special Administration Region (SAR) within the People’s Republic of China with its own legislature and courts. Despite the presence of business centers such as Shanghai, [Read More...]

Singapore Tax Residence Status for Companies

 There are many benefits to establishing a company and, more importantly, to be considered a tax resident in Singapore. Singapore, with its sophisticated business infrastructure, has comparatively much lower tax rates than many contemporary developed countries. It has also a large tax treaty network which provides tax reliefs and double taxation of income. It is, hence, an attractive place for foreign investors with investments in the Asia Pacific region, or simply using it as a spring board to expand in that region. Other significant benefits include tax exemption on foreign-sourced dividends, foreign branch profits, and foreign-sourced service income and tax exemption scheme for new start-up companies.
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