Companies in Hong Kong in international tax planning. Application of companies in Hong Kong, one of the most effective instruments of international tax planning. Thanks to local law and the prestige of jurisdiction in international trade, the country could not be called Offshore, but the tax advantages that this jurisdiction is not inferior offshore. In doing so, Hong Kong is one of the few jurisdictions in the world nizkonalogovyh, which is respected by even the most violent anti-tax competition and offshore business. Hong Kong's legal system is based on English common law. Although the economy of monetary and foreign trade operations in Hong Kong advanced ship, ship, textiles, clothing, electronics, radio, petrochemical and other industries, export-oriented. Major trading partners (except mainland China), the United States, Japan, Britain, Taiwan and others Currency-dollar Kong (HK dollar). Hong Kong for many years, the annual global ranking of leading economic freedom, it is the newspaper Wall Street Journal and Heritage Foundation Fund. In 2007, the authors of the study gave Hong Kong a score of 89.3 out of 100 possible, noting the low tax regime and flexible labour market in the jurisdiction. Hong Kong (Hong Kong) is a special administrative region of China, is located on the coast of the South China Sea, consists of Hong Kong Island, Kowloon Peninsula, and several smaller islands. Area: 1,066 square kilometres. km. The population - 6.8 million people (2000), over 98% were Chinese. The official language is Chinese, but the widely circulated English. During 155 years of the territory of Hong Kong has been in the possession of Britain. on July 1, 1997 Hong Kong was returned to Chinese sovereignty by Britain and became formally known as a Special Administrative Region (SAR) Hong Kong China. Hong Kong has maintained a degree of autonomy, gained independence in the administrative, legislative and judicial system (except defence and foreign affairs), retained the status of a free port, a separate customs zone, the right to economic and cultural ties with various countries and international organizations. Hong Kong's special status will continue at least until 2047, while respecting the principle: "one country, two systems". Overview of the companies registered in Hong Kong. In Hong Kong, local companies can register the following organizational and legal forms: Private Company Limited by Shares closed, a limited liability company on the stock. The company can be a maximum of 50 shareholders. Shares companies could be offered in an open sale and transfer of shares requires the approval of the general meeting of shareholders. Public Company Limited by Shares up a limited liability company on the stock. The company is the maximum number of shareholders. Limited Partnership, a limited liability partnership: a maximum of 20 partners, which may be individuals or corporate entities any rezidentnosti. By Company Limited Guarantee without a share capital-liability company, limited warranty parties without equity. Can registration of subsidiaries of foreign companies and trusts. In most cases, international business closed apply a limited liability company on the stock. This is the organizational form will be considered later. January 13, 2004 came into force a new law on companies in Hong Kong. Under this law a company must have at least one director and shareholder. The sole director of a private company may not be appointed secretary of the company. Directors and shareholders can be as physical or juridical persons.