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Sunday, August 13, 2017

Asian countries for companies formation

Asian countries for companies formation :

1#-sinapore - in South East Asia
2#-dubai- in the middle of Asia and Europe
3#-Labuan, Malaysia
4#-Seychelles-29 June 1976 -Indian ocean
5#-mauritius -Indian ocean
6#-hong kong china


Singapore

  • It is a city state situates in South East Asia
  • It has a lower corporate tax in the world 7%
  • Total year 1 engagement set up costs US$8,940
  • Easy Access to the other Asian countries
  • It ranked number one in 7 consecutive time for world's easiest place to do business
  • It takes one week to set the company up

Dubai

  • Located in the middle of Asia and Europe. It considers as a "Business Hub"
  • Excellent company for doing business in Africa & Middle East
  • Total year 1 engagement set up costs US$20,000
  • It takes two weeks to set the company up
  • It has world class infrastructure, airports, seaports and more

Labuan ,Malaysia



  • Located in the north-west coast of Borneo, 8 km from the Malaysian state of Sabah.
  • It is located on the major shipping and air routes of the Asian Region and is Malaysia’s only deepwater anchorage.
  • It takes Four to Eight days to set the company up
  • License fees US$350.39 per annum
  • Corporate taxation  3% or US$ 4671.81
  • Assessment of the Supervision and Regulation of the Financial Sector,July 30, 2004

Seychelles Island



  • Located in the Indian ocean and one of the fastest International Business Company's registrar in the world  
  • Total year 1 engagement set up costs US$ 5,365
  • It takes 10 weeks to set a company up
  • No minimum capital requirement
  • Information about the owners and shareholders are kept as private
  • Offshore companies can incorporate their business within one day
  • Seychelles,Assessment of the Supervision and Regulation of the Financial Sector- October 30, 2004

Republic of Mauritius


  • Situated in Indian ocean 500 miles east of Madagascar
  • It has a lower tax rate like Singapore. However the offshore companies are taxed only on their net profits Total year 1 engagement set up costs US$235
  • It takes 72 hours to set the company up
  • Offshore companies allowed to keep the financial statements and records private
  • They attract non residents with their minimal and flexible statutory requirements and low government fees

Hong Kong



  • Hong Kong Special Administrative Region of the People's Republic of China
  • Minimum Annual Tax US$1200  / License Fee
  • It takes one week to set the company up & only one day in case of ready corporations
  • It is the third largest financial center in the world and the largest in South East Asia.
  • Since the inception of Hong Kong’s offshore sector, it has had over a million companies incorporate
  • Hong Kong is the absolute best option out there for a multi-currency corporate account (16 different currencies), with internet banking at one of the largest banks in the world
  • Hong Kong offshore companies benefit from the jurisdiction not being on the list of worldwide “tax havens”, thereby avoiding potential complications from authorities.
  • Offshore companies also benefit from a politically stable environment, a free port, free flow of capital and a freely convertible HK dollar

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