News & Promotions

Hong Kong comes first in economic freedom rankings again

The 2011 Index of Economic Freedom, a project of The Wall Street Journal and the conservative Heritage Foundation, ranked Hong Kong as the world’s freest economy, giving the “Asian tiger” that title for 17 years in a row. The report …

New Regulation on Administration of Representative Offices in China

On November 19, 2010 the State Council promulgated Regulation of the Administration of Representative offices of foreign enterprises (order of the State Council no. 584). Regulations will come into effects on March 1, 2011. The previous Regulations provided that Representative …

Samoa company incorporation now available

This month we are glad to present new jurisdiction available for our clients seeking to register offshore company – Samoa. Quick facts about Samoa: -ranked 3d out of 24 countries in the Asia-Pacific Region in the category of “starting a …

Saint Vincent & Grenadines IBC formation in China

We have now added Saint Vincent & Grenadines as one of the jurisdictions to choose from for our clients looking to set up an offshore company/IBC. We have signed a strategic partnership with one of the leading Saint Vincent financial …

China allows foreign institutions to open RMB accounts

The People’s Bank of China end of September released regulations to allow foreign institutions to open cross-border RMB-settlement accounts at locally registered banks from Oct. 1, which will further expand its ongoing RMB-settlement trial program. According to the rules published …

China Investment Projects database is now public

After months of preparation, we have now made available from our website our China Investment Projects database. This database has been compiled of selected projects from various provincial investment promotion agencies, Chinese investment zones and parks, and direct project promoters …

Hong Kong ranks 4th-largest global FDI recipient

Hong Kong was the world’s fourth-largest Foreign Direct Investment (FDI) recipient in 2009, according to the World Investment Report 2010 (WIR) released by the United Nations Conference on Trade and Development (UNCTAD) on July 23. This marks the first time …

New Taxation Rules for Representative Offices of Foreign Enterprises in China

On February 20, 2010, the State Administration of Taxation issued the Provisional Measures for Tax Collection and Administration for Foreign-Enterprise Representative Office (“Provisional Measures”).  The Provisional Measures bring significant changes to the existing taxation rules and may have significant implications …

Three alternatives to Hong Kong for your offshore trading company in China

Due to its financial and business center status, as well as its proximity to mainland China, Hong Kong is usually at the top of the list for our clients looking to set up an offshore company with the main purpose …