Why OffshoreThe basic reasons for businesses and individuals to establish or restructure their businesses in OFCs are:
Recently, Forest has recommended that many of its corporate and private clients choose Hong Kong as a starting point for their business activities, especially if they aspire to tap into the Asian market. The reason is simple: Hong Kong is more than just an offshore center; it is a world-renowned international financial center. There are major advantages to choosing Hong Kong as the location to start your business:
Not many providers of offshore financial solutions can offer the best solutions to their clients on a very personal basis. It is fortunate that Forest has been in this segment of business for almost 20 years. Therefore, we fully understand our clients’ needs, and how and where we can help them to achieve the best possible solutions. The best solutions depend again on what a client is trying to protect, achieve, what type of business is involved, where they intend to grow their business, what are the short- and long-term goals, whether the corporation intends to undertake an IPO, and so forth.
The offshore mechanism is very dynamic but the conclusion is simple. Go offshore because the benefits are obvious! A lot of money is available here. A lot of money is coming here. A lot of money is staying here. Many businesses, large and small, are located here. Many more new businesses will be incorporated here. Many of the best companies are going public. The opportunities are plentiful. The tax level is low to none. The level of risk is decreasing as regulations become more properly structured and implemented.
According to data reported by the Chinese Ministry of Commerce, the major source of FDI for China in year 2008 was Hong Kong (international offshore financial center), which provided the country with $41 billion, which constituted a 48% annual increase. The second largest FDI source was the British Virgin Islands (offshore financial center), which invested $15.95 billion.
In view of the current trends, if you have an eye on the global market, you should choose to start from an offshore financial center.