Many people have asked our firm: “What can I do with an offshore company?”
The question they should really be asking is: What can I do with my own company?
These jurisdictions set a rate for taxing corporate profits. Singapore and Hong Kong are amongst the lowest corporate tax rates in the world and have become popular destinations for entrepreneurs
undertaking offshore company formation. This gives business owners options, affording them to be able to seek low tax, or tax exempt, options amongst jurisdictions with excellent reputations as efficient business hubs.