My question to offshore my Australian business

[SirTycoon]

Nowadays incorporate offshore companies (including HK) does not require you to go HK. A lot of online service providers can do so. Why Hong Kong? Good question, did you noticed that so far the best jurisdictions to use as the "front company" are Singapore and HK? You pay some tax but not a lot. You don't need to pay tax if you are not staying in Singapore, your revenue not from Singapore and your money not remit into Singapore. Same thing apply to HK as well. A lot of banks do not treat Singapore and Hong Kong as "offshore company". The nicer words they use are foreign company.

This is a whole new level of good information. Thank you Montecristo for sharing your experience and tips for a newb like me. I now believe Hong Kong and Singapore will be a good offshore choice for me in the future!