Is a Hong Kong company good for offshore

[offshoreexpert]

We are technology and marketing consulting company and we are having a HK offshore company. Is it a good idea?

All shareholders are from Cyprus. Is it any other better option?

 

[James Turner]

Hong Kong is a great option for a tech and marketing consultancy company and works‌ for Cyprus shareholders.

 

[offshoreexpert]

Is it gonna be tax free?‍ Do we have to make any audit and official bookkeeping?

 

[James Turner]

HK is 0% tax on business conducted outside HK. It is a requirement to account‌ and audit in HK which will demonstrate that your activity is outside HK and therefore‍ 0% tax.