Invest Offshore

Tag: Hong Kong

  • Hong Kong Rejects Corporate Tax Haven Designation

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    Aaron
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    Hong Kong is puzzled and disappointed that it has been named a corporate tax haven by the European Commission. The claim that Hong Kong is a ‘non-cooperative tax jurisdiction,’ is “totally unfounded,” a Government spokesman said recently… Hong Kong is one of the members of the Global Forum on Transparency and Exchange of Information for…

  • Offshore Investment Programs for Chinese Residents

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    Aaron
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    A new scheme allowing Chinese individuals to invest in financial markets overseas will be launched this year at the Shanghai Free Trade Zone (FTZ). The program will also see authorities raising the annual quota of foreign exchange for Chinese residents, which is currently capped at 50,000 U.S. dollars a year. “We are working with state-level…

  • Seeking PRC Strategic Alliance

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    Aaron
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    From Hong Kong with Love to the PRC We seek business partners with connections within the PRC to provide asset protection (tax deferred) solutions explained in our 226 page book and soon to be an MBA course at a major PRC University! Last year there were over 8,600 www.eb5immigration.com from the Peoples Republic of China to…

  • Tax havens hidden in plain sight

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    Aaron
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    Many of the world’s most secretive tax havens, ranging from Anguilla to Uruguay, are set to open their books to foreign tax by 2017. A year later, dozens more, including Belize, Hong Kong and Singapore, are set to follow suit. Among them is Switzerland, abandoning a tradition of secrecy that dates back at least as…

  • Offshore Companies and FATCA

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    Aaron
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    Structuring Business Ownership of Offshore Companies with FATCA and GATCA Compliance There is a misunderstanding as to what type of businesses the U.S. provides tax deferral overseas. Is it a trading company or a company dealing in capital overseas? The fact is that the U.S. provides tax deferral on overseas trading businesses but not on…

  • Secrecy & Privacy for Offshore Investment

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    Aaron
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    Whether you are from China or the USA there are TWO important questions in regards to how one deals with money and offshore investment: on the individual tax compliant level and at the institutional reporting level Whether it is the client himself or the foreign financial institution (FFI) they really have no idea about what…

  • Hong Kong Fund Management Growth Sets Record

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    Aaron
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    The annual Hong Kong Fund Management Activities Survey (FMAS) released today by the Securities and Futures Commission (SFC) shows that the combined fund management business in Hong Kong hit another record high of $16,007 billion as of the end of 2013, representing year-on-year growth of 27.2%. The latest survey indicates that Hong Kong continued to be a…

  • Hong Kong TIEA is Good for U.S. Expats

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    Aaron
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    This week it was announced that Hong Kong has agreed to hand over financial details of Americans working in the city, to US tax authorities under Foreign Account Tax Compliance Act, US can ask for data if certain conditions are met. The Financial Services and Treasury Bureau said the tax-information exchange agreement allowed the US…

  • Hong Kong leads the way on TIEAS

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    Aaron
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    It’s important to understand that Hong Kong has never had any bank secrecy laws, the Inland Revenue Department (IRD) always had a mandate to collect information from banks for the purposes of administration of taxes under the IRD tax code. Hong Kong, when collecting data to honor the terms of the tax information agreements (TIEAs)…