Mitsuba International - Where Offshore, Why Hong Kong?

Where to Offshore?
Smart international entrepreneurs and companies require their offshore company location to have the right characteristics in the following major areas:
No Burdensome Taxation International Image Ease of Company Administration Adequate Company Confidentiality Excellent Political Stability Well Established Legal System Minimum Exchange Control, and Excellent Communications in a reasonable time zone

Why Hong Kong?
Smart international entrepreneurs and companies do think Hong Kong is an ideal location for setting up their offshore company for the following reasons:
Hong Kong is running a Simple Tax System - 3 main tax categories with low tax rates - Profits Tax Property Tax Salaries Tax Other Duties such as Stamp Duty, Estate Duty, Betting Duty; but no other unreasonable and sundry tax category
	Tax Exemption in Specialized Deductible Capital Expenditure Territorial Source Concept - Taxes are levied only on tax bases which are related to Hong Kong only. No Bank Transaction Tax, No Remittance Control, No Total Income Tax, and No Capital Gains Tax Charitable Donations to Recognized Institutions can exempt tax in Taxation Assessable Profits
Hong Kong is running Free Trade Policy - No Foreign Currency Exchange Control Gateway to Mainland China - Hong Kong fits into East & West Culture, you can manage consolidated shipment in Hong Kong China's entry to WTO - Huge Market Potential in Mainland China Tax Exemption by satisfying the criteria of “Offshore Profits derived Outside Hong Kong” (Dipn 21)
Moreover, more and more overseas firms choose Hong Kong as a foothold-company or even regional headquarter location than any other city for the following reasons:
Asia's International Sourcing Hub - With open markets, world-class transportation, a duty-free port, a globally-integrated financial system, and a fai and impartial legal system, Hong Kong is uniquely placed as Asia's international sourcing hub. Hong Kong's location, facilities and services help to make it Asia's trade fair capital and the ultimate sourcing centre for whatever you are looking for.
First Choice for Corporate Interaction - If your firm thrives on interaction in a super-charged business atmosphere, Hong Kong is the Asia-Pacific location without par. Hong Kong's unique business environment facilitates seamless interaction between overseas companies and firms from Hong Kong and the Chinese mainland. Hong Kong is where mainland firms seek foreign funds, partners and trading contacts. It is also the global capital of the overseas Chinese business network.
	First Choice for Efficient Corporate Co-ordination - High-level corporate business gets done with an efficiency unique to Hong Kong. The city's vibrancy and dynamism mean that business gets done quickly. Competitive pace is what Hong Kong is all about. If you need speed and efficiency in corporate co-ordination, Hong Kong is the best place for your regional base.
	First Choice for the Future - Hong Kong is where the future of global business is taking shape. It is at the heart of the fastest-growing part of the Asia-Pacific. Hong Kong is where China meets the rest of the world. In this central position, Hong Kong-based firms are finding innovative ways to structure business opportunities less visible or immediate to others. Shouldn't your firm be taking part?