Do You Know Alibaba Company is an Offshore Company?

Alibaba is the toast of Wall Street as it heads into what may be the largest initial public offering in history.
Although Alibaba is Chinese, it is incorporated in the Cayman Islands and will list on U.S. markets -- an unusual setup that can make an investor's head spin. China has prohibitions on foreign ownership, which means U.S. investors won't actually own the company's Chinese assets. Instead, investors will own a Cayman Islands company called Alibaba Group Holding Limited.
Why Alibaba Chooses to be an Offshore Company?
The Cayman Islands are a British Overseas Territory located in the western Caribbean Sea. It is also a major financial center and has the fifth largest banking sector in the world with a high concentration of top quality service providers. Due to its strong links with the UK the Cayman Islands is considered very politically stable, protected and safe. The Cayman Islands offer a tax efficient, respected jurisdiction for the incorporation of an offshore company. The formation of an Offshore Company is a tax efficient solution for international entrepreneurs.

The key benefits of offshore company are listed below:
-All documents and legislation are in the official language of English
-There is no annual reporting, accounting or auditing requirements for an Offshore Company
-Only one shareholder and one director are required. These can be the same person or a corporate body and do not need to include a local
-There is a complete lack of direct taxation; no corporation, property, capital gains or withholding taxes. This legislation is backed by a 20 year government guarantee (rising to 30 years on application) enabling long term business planning
-There is no minimum capital requirement for an offshore Company formation
-The business does not need to be run from the Cayman Islands or other offshore countries/regions. It can be run from anywhere in the world
-Corporate bank accounts
Until now, thousands of subsidiaries, many from world class companies, have indeed set up offshore companies. They include Coca-Cola, Oracle Corp, Procter & Gamble, General Motors, Intel, FedEx, Sprint and etc. Offshore Company absolutely is one of the best choices for the worldwide investors to make their business easy. In addition, Hong Kong company is the most popular offshore company. If you want to learn more about the Offshore Company registration, please contact at +8620-8355 5515, email to info@touchlawfirm.com or chat with our online secretary Ms. Touch (Touch-Law-Firm).

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Do You Know Alibaba is an Offshore Company? 
Are You Worried about the Tax & Accounting of Your Company?

Things You Should Know about HongKong Company Registration

Due to the simply tax system in Hong Kong, setting up a Hong Kong company is much convenience to all SMEs to extend their business which going to Worldwide or Mainland China both. If you live and work overseas but want to start a business in Hong Kong, Touch Law Firm provides you an available solution.

Hong Kong Company Registration

HK company registration can be done in a short time. Registering of a brand-new HK company takes about 10 working days. You can also buy an existing HK company, namely a shell company. You can also choose the electronic registration by way of e-Registry, which can be done in 3 working days.

Bank Account Opening

Touch Law Firm is honored as valuable business partners by many local or international banks in Guangzhou and Hong Kong. Our consultants’ assistance in the bank account opening and follow up will make you easier to open a bank account for your HK company. We provide bank account opening service for those who register HK companies in our company for free, including recommending banks, making appointment, offering certified true copy by our CPA, useful advices for the whole processing, etc.

Legal Secretary

Although a legal secretary is a must for a Hong Kong limited company required by the local government, a legal secretary would be an alternative offered by Touch Law Firm.

Annual Return

Each year the company must submit an annual return to the Hong Kong Companies Registry and the Hong Kong Inland Revenue. You can hand it over to Touch Law Firm by simply signing back the confirmation letter. We will give you a notice one month before it gets overdue. If failed in doing so, penalties will be implemented accumulatively, you can't expect that the company will be suspended and cancelled eventually as China does, the maximum fine could be as high as several hundreds of HKD per day.

Audit Service

If a company has business running on within Hong Kong, account book should be well kept monthly for an annual audit before you carry on a tax return to the Inland Revenue. We can arrange bookkeeping and auditing for you in time of need. Every company is required to finish tax return annually. Submission of “nil” profit tax return without auditor ’ s report and financial statement would be accepted for the companies without business operation.

Trademark Registration

Trademark registration is deemed to be an effective mean by which the enterprises can protect their own brands. However, trademarks provide regional protections, as different countries and regions impose different requirements and procedures on trademark registration. Touch Law Firm not only provides trademark registration in mainland of China but also in Hong Kong.

Why Choose Touch Law Firm?

Touch Law Firm has experiences for over 8 years in Hong Kong company registration, tax & accounting, audit for Hong Kong company, Hong Kong company secretary and Hong Kong trademark registration, etc. If you are interested in our service, please contact our online secretary Ms Touch ( Wechat ID: Touch-Law-Firm ), email to info@touchlawfirm.com or call at +8620-8355 5515.

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Things You must Know Before Hong Kong Company Registration
 

Guangzhou Company Registration:A Bright Future for Foreign Investment in Guangzhou

As China’s RMB has weakened in recent months, the government stated foreign direct investment (FDI) into China has increased by 5.5 percent in the first quarter of 2014.

At the same time, comparing with the sales statistics of Touch Law Firm from January to April, the figure shows a raise up by nearly 53.8% from the same period in 2013. Among them, the quantity of Guangzhou foreign-owned enterprises registration increases by 22%. In addition, the quantity of Hong Kong Company Registration has also risen significantly compared with the same period last year.

Furthermore, in order to attract foreign investment, the Guangzhou Government has acted strongly to support these efforts. In 2014, the authorities will continue to actively promote the reform of commercial registration and relax capital injection for the foreign-owned enterprises.

In addition, the authorities will execute service mode innovation including enterprise registration online, electronic business license, etc.

Since Guangzhou, the southern Chinese city once known as Canton, was back on top as the country’s best city for business in 2013, according to ranking unveiled by Forbes China. We believe Guangzhou will be the best choice for foreign investment in the coming future.

If you are planning to open a company in Guangzhou, Touch Law Firm can assistant you! It provides Guangzhou company registration (including Hong Kong company registration in Guangzhou, foreign-invested company registration in Guangzhou), tax & accounting and trademark registration, etc. If you are interested in our services, please call us at +8620-8355 5515 or email to info@touchlawfirm.com

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A Bright Future for Foreign Investment in Guangzhou