Explore Overseas & Set up Your
Offshore Company with Privacy
10+ top jurisdictions for offshore company registration
24/7 live chat support from trusted advisers
All-in offshore company formation package deal
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Explore Overseas & Set up Your
Why Offshore Incorporation ?| From US$ 1,110Seychelles / Samoa |
| What do I get?  Offshore company incorporation
 Certificate of Incumbency
 Registered office address
 Chinese name add-on
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| All-Inclusive US$ 1,980British Virgin Islands (BVI) |
| What do I get?  Offshore company incorporation
 Certificate of Incumbency
 Registered office address
 Chinese name add-on
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| From US$ 4,350The Cayman Islands + More |
| What do I get?  Offshore company incorporation
 Certificate of Incumbency
 Registered office address
 Chinese name add-on
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Set up an offshore company & start with the basics
The essentials you need in offshore company formation to grow globally.
Process Time
- The processing time for offshore company incorporation services of an all-new entity in Seychelles, British Virgin Islands (BVI), the Cayman Islands, etc. is generally 1 week.
Basic Requirements
Registered Address
Low Tax System
Jurisdiction Options
Make offshore company registration smooth and easy
Sit back and relax. Here are 4 steps you need for a stress-free offshore company incorporation.
  We will check whether your desired company name is available for offshore company formation and assist you with the arrangement of providing the necessary details of your company’s director(s) and shareholder(s). 1 FREE company |  |  Our team will prepare a complete set of KYC and offshore company incorporation documents for your signature. If you are located overseas, you can send us a digital copy of the signed paperwork. 2 Submit a full set |  |  Upon submission of your completed application form and all relevant documents, the Companies Registry will finalise your offshore company registration. A valid Business Registration Certificate will then be issued to you. 3 Complete entire |  |  Congratulations! You are almost there. To make cross-border transactions, you can open a multi-currency corporate account with top-ranked FinTechs or leading international banks for your offshore company incorporation, including Airwallex, Currenxie, UK Neobank, etc. 4 Open a banking |
Discover the right bank partner for your business
Match your company profile with top bank options to find the perfect bank you need.
3-minute banking account success
likelihood test
Complete your offshore company formation with a centralised multi-currency bank account to keep up with your global business transactions.
Looking for easy and guaranteed corporate account opening? Take our 3-minute test and find the ideal banking platform that fits your requirements.
Your 30-second reel for offshore
company registration in Hong Kong
Are you still struggling to select the optimal jurisdiction for your global business? Watch our 30-second reel and discover how to set up an offshore company in Hong Kong seamlessly and without ever leaving your current location. We have got it all for you – from multi-currency banking accounts, local compliance and maintenance, prestigious business addresses to a full range of accounting and auditing arrangements..
Expand your business with ease in one of Asia’s most promising cities, from anywhere in the world.
Why set up an offshore company?
Learn why offshore company setup can be a strategic move for your business.
Lower Tax Rates
Offshore company incorporation can benefit from tax-friendly policies in jurisdictions like BVI and Marshall Islands to reduce tax burdens.
Financial Privacy
Some offshore jurisdictions, such as BVI and Seychelles, offer varying levels of privacy protection for company directors and shareholders.
Asset Protection
Offshore company registration tends to protect assets and secures sensitive information from asset search, legal action and creditors.
Risk Diversification
Setting up an offshore company can reduce risk exposure and minimise negative impacts on overall business performance.
Global Trading
By setting up an offshore company in Hong Kong, businesses can enter new markets and expand internationally at a lower cost.
Easy Formation
Streamlined offshore company formation at AsiaBC involves fewer regulatory requirements and less paperwork for an expedited process.
You can ask us anything
Looking for some answers about offshore company setup in Hong Kong? Here you go.
01 | Which countries are popular for offshore company formation?
Seychelles, BVI, and the Cayman Islands are popular choices, but it’s important to note that each country has unique advantages for global business growth.
Others prefer to set up offshore companies in Hong Kong or Singapore due to their proximity to neighbouring countries, favourable tax systems (8.25% for HK and 17% for SG), efficient trading networks, and skilled workforce. Check out our guide here to determine whether Hong Kong or Singapore is the best option for your business.
02 | What are the benefits of setting up an offshore company?
Offshore jurisdictions such as BVI, Seychelles, and the Cayman Islands offer several benefits for international investors and entrepreneurs who opt for offshore company incorporation, including :
- Low to zero tax rates, which can significantly reduce your company’s tax burden.
- Protection of the privacy of the company’s directors and shareholders.
- Asset protection, which can minimise the risk of legal liabilities such as lawsuits.
- Risk reduction, which limits potential damage to the company’s overall value.
- Cost-effective international expansion, allowing you to access new markets and business opportunities at an affordable cost.
03 | Can I set up an offshore company remotely, or do I need to travel to the country?
You can definitely set up an offshore company without the need to travel. AsiaBC allows you to submit your offshore company incorporation documents electronically and undergo identity verification so that you can start your business remotely, without physically being present in the region.
04 | Can foreigners or non-residents set up an offshore company?
Yes, they can! Countries such as BVI, Seychelles, and the Cayman Islands have implemented foreign-friendly policies that encourage international entrepreneurs to establish offshore companies and expand their businesses overseas through offshore company formation.
05 | What additional requirements are needed for offshore company registration?
To increase your approval rate for offshore company registration, it is important to prepare and submit the following supplementary items together with your identity proofs (passport, address proof, KYC selfie, etc.) and offshore company incorporation documents :
- Detailed outline of business plan and operations.
- List of countries with business arrangements or dealings.
- Annual turnover of the company.
- Company website.
06 | What fees are involved when setting up and maintaining an offshore company?
The most common fee for offshore company incorporation services is the registration and service renewal subscription, which includes government compliance, company secretarial support, and a registered business address. This ensures your company operates smoothly within the jurisdiction. Keep in mind that service fees may vary depending on the jurisdiction and add-ons you choose.
07 | Can I open a bank account without visiting the bank in person?
Absolutely. Although many offshore banks require a face-to-face meeting as part of their Know-Your-Client (KYC) process, you can still apply for a corporate account remotely for your offshore company formation by engaging a local service provider.
At AsiaBC, we provide a pre-assessment to determine if your company profile meets our partnered banks’ criteria, assist with custom-fit applications, and recommend the best approach to guarantee a successful bank account opening without the need for travel. Click here to learn more.
08 | What are the popular countries where I can open an offshore bank account?
International entrepreneurs looking to secure an account remotely can consider banking destinations like Mauritius, Saint Kitts and Nevis, Switzerland, Malaysia, and more. However, it’s important to note that the bank’s assessment of your company profile will be done on a case-by-case basis for such offshore company incorporation scenario.
09 | Is there another alternative to secure a business account remotely?
Certainly. Thanks to the advancements in financial technology, remote FinTech account opening has become a popular alternative for businesses to quickly kickstart cross-border dealings. After setting up an offshore company, FinTechs enable international entrepreneurs to perform global transactions, including sending and receiving overseas payments. Many business owners consider FinTech accounts as a backup option while they wait for approval of their regular bank account following the offshore company formation process.
However, it’s important to note that FinTech providers also follow sanction lists that may restrict certain business types and nationalities from opening an account. To learn more about a specific FinTech provider’s sanction list, check their website or contact Team AsiaBC for thorough offshore company incorporation support and guidance on the best course of action.
Additionally, subscription fees to maintain your account and fees for handling incoming / outgoing transfers may apply. Charges may vary depending on the FinTech provider charges may vary depending on the FinTech provider.
10 | How can I assess if setting up an offshore company in Hong Kong is right for my business?
There are two options available to set up your offshore company in Hong Kong: forming an overseas company (such as BVI) or setting up a Hong Kong company. When selecting a jurisdiction for your company, it is essential to consider various factors as each location can provide a unique set of advantages that may align with your business requirements. It is worth evaluating whether Hong Kong is the ideal fit for your business since it is globally recognized for its world-class commercial infrastructure and reputation as a prominent hub for international trade and finance.
In general, if your company conducts business activities and generates income within Hong Kong, or even its sovereign state, China, incorporating a Hong Kong entity would be a suitable option for you. In these cases, the earnings are subject to the Hong Kong Profits Tax regime, and filing of Profits Tax Returns is mandatory. However, rest assured that Hong Kong is known for its low profits tax rate, which can be as low as 8.25% for the first 2 million of assessable profits, making it one of the lowest rates in the world, and setting up an offshore company in Hong Kong ideal.
Even if your business activities are conducted outside Hong Kong, you can still set up a Hong Kong company and apply for offshore profits claim. This process allows the company to obtain offshore status from the Inland Revenue Department (IRD) and potentially enjoy tax exemption. Note that the approval of offshore status is on a case-by-case basis, so it is required to prepare all relevant business and financial documents in an organised and presentable manner. If you are interested in learning more about this strategy to fulfil your offshore company registration needs, please connect with our tax consultant here.
Why choose AsiaBC for offshore company incorporation?
We pride ourselves on offering personalised services that go beyond the norm to ensure a smooth offshore company registration process.
1Trusted Service Provider
With 13+ years’ experience in offshore company formation, we’ve built long-lasting relationships with global partners and served 3K+ clients worldwide.
2Holistic Advisor
Our expertise in offshore company registration and banking procedures allows us to provide holistic support that takes into account all aspects of your business needs.
3Transparent Quality
Transparency and quality are our guiding principles when it comes to delivering diversified corporate solutions at fair and direct service costs without hidden fees.
424/7 Advisory Service
Our trusted advisors are one DM away to provide 24/7 dedicated support for offshore company incorporation, ensuring you receive guidance whenever you need it.
5Streamlined Application
Let our action-oriented team simplify the process for you by pre-screening your documents and preparing customised applications without missing any details.
6Complete A-Z Solution
AsiaBC’s one-stop-shop takes care of all the details, from offshore company formation, compliance to ‘0’ tax planning, so you can rest easy knowing everything is covered.
Other services we excel at
Other than offshore company formation services, here’re quality add-on solutions to grow your business.
Remote Offshore
Bank Account Opening
Looking to send and receive overseas payments from your newly incorporated offshore company? AsiaBC can help you find the right bank partner to level up your offshore company registration. We offer multi-currency corporate account opening services with top-ranking financial institutions in popular destinations like Hong Kong, Singapore, Saint Kitts and Nevis, and more.
With our No Win, No Fee scheme, you can rest assured that we have got your back if all else fails. Unleash the benefits an offshore account offers and connect your business worldwide for unstoppable global growth.
  Donald Lemon |
Build up your insights with offshore company formation blogs
Stay up to date with the latest trends in offshore incorporation via our informative blog articles.
Top 6 Digital Banking Options to Traditional Banks4 min readShow more
Acquiring a corporate account from traditional banks can be a daunting and time-consuming process for entrepreneurs exploring offshore company formation in Hong Kong. However, there are alternative digital banking solutions that offer convenient business transactions and quick setup guidance. If you’re looking to cut down on the lengthy procedures, consider FinTech options like Airwallex, Currenxie, Neat, Statrys, Payoneer, and WorldFirst as part of your offshore company incorporation components. With the help of digital banking solutions, entrepreneurs can overcome the challenges of obtaining a business account and enjoy smoother business operations from the beginning.
This increasing digitalization trend of the banking industry has led entrepreneurs with offshore company registration needs to search for advice on the most suitable alternative banking platform for their business needs. To help you make an informed decision, we have identified the top 6 FinTech options and highlighted their key features :
Airwallex – The go-to solution for customers engaging in international transactions, online or offline. Airwallex has no minimum balance requirement, no opening or monthly fees, and offers multi-currency accounts in HKD, USD, EUR, RMB, and 7+ more currencies. Now take your business to the next level by partnering with an Airwallex-recommended offshore company incorporation services provider like AsiaBC.
RD Technology – The perfect solution for businesses who transfer money locally through FPS or overseas via wire transfer. RD Tech’s wallet-to-wallet transfer instantly sends and receives money. Plus, accessible with currencies HKD, CNY, USD, JPY, EUR, and more. Enterprises from HK, Commonwealth and EU countries or any country providing company registry search are welcome to apply.
WorldFirst – If you’re an Asian company launching a global business from HK, SG, or CN and need a digital banking account within 48 hours, WorldFirst could be your suitable option for completing the entire offshore company formation in Hong Kong. It offers a multi-currency account with HKD, USD, EUR, GBP, and 6+ currencies, with no opening or monthly fees, and no minimum balance requirement.
Currenxie – For business owners looking for an instant domestic account in the EU, UK, US, CA, or AU within 3 days and considering offshore company formation in Hong Kong, Currenxie could be a hot pick. Currenxie also offers a multi-currency account in HKD, USD, EUR, to RMB, and 16+ currencies. The platform is powered by Payout API and the Foreign Exchange Contract (FEC) and approved by the Amazon PSP. Plus, there are no opening or monthly fees and no minimum balance requirements.
Statrys – Designed for business owners who regularly send money abroad, Statrys offers a multi-currency account in HKD, USD, EUR, GBP, and 7+ more currencies, along with excellent customer support. Please note that the director’s passport and business registration certificate are required to open an account. While there are no opening fees for most companies, some may be subject to additional fees based on their incorporation location or company structure complexity. Additionally, there is a monthly fee of HK$88 for unlimited incoming payments, and no transaction limit in your Statrys account.
Rapyd – This FinTech offers a versatile debit card that allows you to manage your business spending online and offline. You can access a multi-currency account in HKD, USD, EUR, and GBP with no monthly fees and no minimum balance. As a solution for offshore company registration in Hong Kong, Neat provides an easy and convenient way to handle your business transactions.
Full article
Starting Small Business from Scratch? 6 Simple Steps to Build Your Right Venture in HK3 min readShow more
Starting a small business or setting up an offshore company can be a daunting task, especially if you lack experience in the field. As a budding entrepreneur in offshore company formation, you may find yourself asking the classic question: “How do I start my small business?” The key to launching a successful business lies in finding the right product or service that caters to your target market’s needs and wants. However, this requires thorough research, planning, and execution.
To embark on the venture of offshore company formation in Hong Kong, it is crucial to follow these 6 vital steps :
- Prepare a comprehensive business plan before setting up your offshore company to build an effective strategy for long-term growth strategy.
- Use surveys, social listening, and interaction to discover your target audience’s interests. This can be particularly useful for businesses considering offshore company registration in Hong Kong or other international locations. Understanding your audience is essential in creating a product or service that will meet their needs and exceed their expectations, and this knowledge can also inform decisions about where to establish your business presence.
- Learn more about your product and the unique advantages you have over your competitors. Conducting market research will help you identify gaps in the market and provide you with a competitive edge before the offshore company registration process.
- Utilise social media for marketing purposes and choose the platform that best suits your business. Social media can be a powerful tool in promoting your products or services and building brand awareness.
- Track your expenses and monitor your spending by opening a business account. Local service providers in Hong Kong like AsiaBC can assist you with document pre-assessments and increase your approval rate.
- Offshore company registration in Hong Kong is crucial to ensure that you won’t encounter any legal issues and establish a trustworthy image to potential customers and suppliers.
As an aspiring business owner, you may start out with a passion for your idea, but creating the right product or service for your target market can be challenging. Through in-depth research, active social listening, and conducting surveys, you can learn how to address existing problems and fulfil your customers’ needs. This is especially important when setting up an offshore company in a cosmopolitan city, where understanding the market is crucial for successful offshore company incorporation.
This guide outlines 6 simple steps that can help you establish a successful small business or accomplish your offshore company formation in Hong Kong effectively. Whether you’re starting from scratch or looking to grow an existing venture, these steps will assist you in establishing a solid foundation for your business and increase your chances of success.
The Secret Formula to a Happy HK Bank Account Opening, 100% Online5 min readShow more
Getting a traditional business bank account should be every entrepreneur’s golden rule while proceeding their offshore company formation in Hong Kong. Although it may not be a requirement for small businesses at the moment, doing so is a wise and ideal step to take advantage of the different benefits it offers.
By opening a business account, commercial entrepreneurs and sole proprietors can manage their company’s finances more efficiently. This allows them to quickly pay staff salaries, receive and issue payments, and keep track of their cash flow after the offshore company registration process.
Another significant benefit is having fewer tax problems since you can instantly pinpoint the transactions made in your account, easily track your expenses, and monitor your spending. In addition, owning a corporate account helps improve your credit standing with banks and take advantage of different perks, including business loans, corporate credit cards, and more. Plus, it gives you a more established and credible image when you issue a check to your partners, suppliers, and employees with your business name.
If you are new to the business world, it can be challenging and confusing to choose the most fitting financial institution for your company. There is no easy way to determine which platform is “better” as each might provide a range of advantages based on your preferences and requirements when talking about opening a corporate account for your offshore company formation.
To narrow down the bank choices for your offshore company formation Hong Kong, you can start by looking at their years of experience to see how they handle specific banking concerns and needs. This can give you an idea of the bank’s credibility in the field. Furthermore, you should check their accessibility through bank branches and online platforms, minimum deposits, service fees, and other services like 24/7 customer support, bank relationship managers, online banking, and more.
The banking industry in Hong Kong is gradually adapting to the new normal brought about by the pandemic, and many are starting to offer online account opening services. However, this remote option is not yet widely accepted due to the stringent KYC procedures of some banks. Currently, Citibank is among the few banks that allow for offshore company registration in Hong Kong and opening an account online. While there are no restrictions on nationality for company directors and shareholders, Citibank accepts only specific business types such as technology, media, and telecom (TMT) companies that operate in Hong Kong or Singapore.
To open a business bank account online with Citibank, companies must provide their completed application form, physical address in Hong Kong, incorporation documents, and a certified true copy of their Business Registration Certificate. To improve your chances of approval, it is recommended to prepare a range of documents and information, including a KYC personal certificate, details about your proposed business activity, bank references, a website, a comprehensive business plan, business proof such as invoices, and a certified true copy of the passports of all directors, beneficial owners, and shareholders who own 10% or more of the company’s shares. If you require assistance in preparing these documents or navigating the entire process, consider reaching out to a reliable offshore company incorporation services provider such as AsiaBC for dedicated guidance and support. The incorporation specialists can provide you with the expertise you need to ensure a smooth and successful offshore company formation for your business.
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