New and looking to set up offshore soon

[Vx3]

Hi. I'm looking to setup offshore. My main income is from advertising and online clothing stores.

Australian resident living in Vietnam. My income is all foreign sourced.

Am I on the right path looking to set up offshore in Singapore or Hong Kong?

I have done some research today, and have an online consultation with someone in Singapore this week. I thought this would be a good place to start discussing what I need to be looking for/planning.

Thanks.

 

[JohnLocke]

You may indeed look at Singapore and Hong Kong for your setup since you live in Vietnam.

However, there are a few threads about HK and Singapore on this forum which you may have a look at first.

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[Vx3]

I spoke to a tax consultant in Singapore who told me I would be better off setting up in Vietnam if that's where I am planning to reside. Don't know if I should look to Hong Kong or not.

 

[diablo]

HK is widely used by people in China and even Vietnam if they can afford to pay the costs!

Welcome aboard!

 

[undercover]

Go for a Seychelles company which is the preferred jurisdiction when Chinese people want to go offshore elsewhere than Singapore and HK!

 

[bountymounty]

Seychelles is indeed used by many chinese people doing business all over he world!

 

[negon]

Seychelles works well for chinese people! and for 100% anonymous setups! so Belize does 😉