AsiaBS
Success Story
Company Formation
such as BVI, Samoa etc.
Company Parking
Service in Hong Kong
Service in China
Using Hong Kong Company
Using Hong Kong HSBC bank account
about Taxation
No tax in Hong Kong - Offshore operation tax exemption
about Transaction
about Trading
about China market
Using Hong Kong HSBC bank account
Avoid disclosing supplier information - protecting trading business
Background
- Mr. A originally sourcing from China company (C Ltd) and selling to his client in Egypt (E Ltd);
- Goods shipping directly from china supplier C Ltd to E Ltd;
- E Ltd found C Ltd on the bill of lading and deal with C Ltd directly in future;
- Mr. A lost his client.
- Mr. A setup a Hong Kong Company (H Ltd);
- H Ltd becomes the middle trading company - buying from China and selling to Egypt;
- Goods still shipping directly from China to Egypt;
- Shipping document send to Hong Kong (H Ltd or it's representative) to :
- Change "Certificate of Origin" (CO) issued country
- Change "Bill of Lading" (B/L) via Hong Kong office of the China shipping company
- Arrange certification of invoices, packing list etc. documents by trade consul or embassy of Egypt.
- New shipping document send to E Ltd.
- Hide sourcing information to avoid client directly deal with supplier.
