Offshore Status in Hong Kong
Fully remote procedure
Up to 1 year
Price available upon request
Obtaining and specifics of the offshore tax-exempt status for companies in Hong Kong.
The offshore tax status of a Hong Kong company means exemption from Hong Kong taxation on profits derived from outside the territory of Hong Kong. Hong Kong applies the territorial principle of taxation, so tax is levied only on income sourced in Hong Kong. If a company can prove that its profits are entirely generated outside Hong Kong, it may claim offshore status and be fully exempt from profits tax in Hong Kong.
Step-by-step procedure
Business Model Analysis
We evaluate the company’s sources of income and geographical scope of operations, then determine eligibility for offshore status.
Document Preparation
We request financial statements, bank statements, and other evidence proving that income was derived outside Hong Kong (e.g., contracts, invoices, etc.).
Submission of the Offshore Claim to the Hong Kong Inland Revenue Department
We complete and file the offshore claim together with all supporting documents with the IRD.
Review and Additional Requests from the Tax Authorities
The Inland Revenue Department may request additional information or conduct a detailed review/audit.
Issuance of the Offshore Status Decision
Upon successful examination, the company receives official confirmation of offshore tax-exempt status.
Annual Reconfirmation
The offshore status must be reconfirmed annually, taking into account any changes in the company’s activities.
Documents required to order the service
Auditor’s Report on Financial Statements
To obtain offshore status, it is mandatory to submit the most recent audited financial statements together with the auditor’s report.
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Examples of documents issued upon service completion
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This document confirms that the company’s income has been recognized as offshore and is not subject to taxation in Hong Kong.
Service cost
Offshore claim
Depends on the amount of income claimed as tax-exempt and the complexity of the company’s business model
€
Upon request
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Frequently Asked Questions
Offshore status allows a company to exempt from taxation any profits derived from outside Hong Kong, thanks to the application of the territorial taxation principle.
The advantages include zero profits tax on foreign-sourced income, a simplified registration process, low tax rates overall, and easy access to international markets.
The process typically takes from a few weeks to several months, depending on the complexity of the case and the speed of document processing by the tax authorities.
The main risks include potential audits by the tax authorities and the need to convincingly prove that income was genuinely generated outside Hong Kong.
Our team of experts provides full support at every stage — from analyzing the company’s activities and preparing documentation to communicating with the tax authorities and securing official confirmation of the status.
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Why choose us?
Licensed Corporate Secretary
Direct Services in China and Singapore
We provide services directly in Hong Kong, China, and Singapore without intermediaries. This speeds up the registration process and enables clients to manage their businesses more efficiently in these jurisdictions.
We are a licensed provider of corporate secretary services in Hong Kong, ensuring full compliance with local laws and regulatory requirements. Our license guarantees the reliability and security of the services we provide.
Comprehensive Turnkey Services
We offer not only company registration but also full support services: accounting, assistance with bank account opening, and handling correspondence at the company’s registered address. This ensures convenience and minimizes bureaucratic complexities for our clients.
Experience Since 2016
Since our founding in 2016, we have successfully assisted hundreds of companies in registering and efficiently conducting business. Our experience with international clients allows us to cater to the unique needs of each company, regardless of size.
Personal Manager for Each Client
Each client is assigned a personal manager who guides them through all stages of registration and ongoing support. This individualized approach ensures tasks are handled promptly and according to client expectations.
Confidentiality and Data Security
We guarantee complete confidentiality and protection of client data, strictly adhering to commercial secrecy regulations. Your information is secure at every stage of our cooperation.
Transparent and Fair Pricing
We provide clients with detailed cost breakdowns of all services, avoiding hidden fees. This ensures full transparency and predictable expenses.
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