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Tax exemption in HK/UK

I can't tell you if this will work 100% since every tax case is different. But the general tax rules for most EU countries apply as the following.

If the company is controlled and managed abroad you don't have to pay tax locally. So in order to archieve that you want to setup the company with nominee director, shareholder and even a real office address where you have someone to pick up the phone.

You will need a electricity bill and even a landline or phone bill for the company from that country.

The more evidence you can build up around your offshore entity the better case you have if they come for you.
 
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Reactions: Martin Everson
Hey man,

Everything looks great until you experience it yourself.
I know the HK company very well and operate with it for years,do not dream for the tax exemption even your income from other areas.It is very difficult to apply for that tax exemption.But you can pay less tax with HK.That's all.


Best,
 
Hey man,

Everything looks great until you experience it yourself.
I know the HK company very well and operate with it for years,do not dream for the tax exemption even your income from other areas.It is very difficult to apply for that tax exemption.But you can pay less tax with HK.That's all.


Best,
Yeah! this is the point, client does not like any surprises. some said it is tax free if you operate out and banking out of HK. some said HK IRS they will let you pay. We need an expert advise.
 
Yeah! this is the point, client does not like any surprises. some said HK IRS they will let you pay. We need an expert advise.
"some said it is tax free if you operate out and banking out of HK."
It is true and the HK law supports it but as I said it is difficult and complex to make it work.
 
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Reactions: Yiannis Liu
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