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Pros and cons of Labuan company formation

...hen you decide to create an offshore company in Malaysia. This jurisdiction grants low taxes for international business. For example, company’s paid-up capital is limited to 1$ and you can also enjoy advantages of paying only 3% or fixed amount of profit tax per year. Setting up a business in Malaysia can also be profitable for investment companies as it can act without separate property, assets...

Path: Blog
New Tax Relief Measures in Hong Kong Budget

...a 1-year assessment period for all categories, but it is not a final, definite period. It is reasonable to monitor changes on this matter. • Taxpayers might have a maximum HKD30,000 (USD3,830) tax for 2017-2018. This will work for salaries tax, profit tax and tax under the personal assessment. More than 2 million taxpayers might have their tax reduced by 75 percent for the year of assessment ...

Path: Blog