The same procedures involved in the incorporation of domestic companies are largely applicable in offshore company incorporation. The incorporating jurisdiction determines the legal documents to be drafted. Some documents need to be filled and handed in to the relevant government office. These include the address of the registered office within the legal jurisdiction, legal documents supporting the offshore company formation and the designation of the registered agent.

There are many reasons why many entrepreneurs decide to set up shop in this City. Hong Kong offshore company registration provides tax free opportunities similar to other offshore locations like the BVI, Anguilla etc. This tax free haven is also enjoyed by foreigners who own HK companies that run no business operations on the Island.

Hong Kong is situated in an ideal location in the Asia pacific region. It is a free market economy with access to all the world’s major markets. It is reputed as one of the most business friendly environment in the world and ranks very favorably as the least corrupt world economies. According to 2011 estimate its GDP was $49, 300.

The hiring process entails investment in money, time, and effort but all these investments are wasted once your new hire starts to think of resigning or jumping ship. Yes, the employee is still working for your company, but his mind is wandering about, thinking of where to apply next!