The biggest problem with HK is setting up a HK Bank Account. I set up an IBC in HK, but couldn't open a bank account without a very substantial long term deposit to be held by the bank in a term deposit. I ended up closing the company.
@@tlevans62 HK is a bit of a closed club. If you have old longstanding relations, then banks are more willing to help you when you want to open up new companies from different jurisdictions.
I see this video more as a simple advertisement I do not see any good point here. There are plenty of good companies providing corporate and bank account in off shore condition. The only problem of HK is the grey list and the future about potential war with USA.
What are the other options? Hong Kong seems to be easy to work with on the surface.
It's kinda annoying that every video of yours has a 1-2 min intro I have to get through before I can see the content
Will you do a video on BRICS?
Soon yes
The biggest problem with HK is setting up a HK Bank Account. I set up an IBC in HK, but couldn't open a bank account without a very substantial long term deposit to be held by the bank in a term deposit. I ended up closing the company.
Yes banking has been an issue.
As a technical note, there is no HK IBC, only limited company
@@OffshoreCitizen you're correct, I meant to say an LLC with no operations inside HK.
@@tlevans62 HK is a bit of a closed club. If you have old longstanding relations, then banks are more willing to help you when you want to open up new companies from different jurisdictions.
Wrong. Choose a different bank.
Is it confirmed that this tax exemption will end? Many thanks
I see this video more as a simple advertisement I do not see any good point here. There are plenty of good companies providing corporate and bank account in off shore condition. The only problem of HK is the grey list and the future about potential war with USA.
the offshore tax exemption will end ?
How much I pay tax if I earn HKD 85000/month?
Malaysia will open their border on 1st April 2022 onwards.
and?
Have you ever been to Malaysia before? How was the experience?
Tax free for foreigner ?
These countries need to stand up EU so what if they do not have ‘substance’ The EU itself does the same thing.
Agreed but they need to band together, power in numbers
That's one good thing about the growth of BRICS
@@OffshoreCitizen That's true