Providing corporate solutions for clients who need to meet economic substance requirements for their Hong Kong or offshore companies imposed by Hong Kong and other regional tax authorities.

Professional Director Services

With the amendments to Hong Kong's Inland Revenue (Exemption from Profits Tax) (Offshore Funds) Ordinance 2019 and the global wave of BEPS 2.0 anti-tax avoidance measures, Hong Kong companies must demonstrate genuine economic substance to maintain tax exemption on offshore income. The Hong Kong Inland Revenue Department (IRD) explicitly requires:

• Sufficient decision-making personnel in Hong Kong
• Key strategic decisions to be made in Hong Kong
• Establishment of a traceable evidence trail for management decisions
• Lack of on-ground director operations will directly escalate tax risks

Our Professional Director Services provide compliant resident director appointments under the Hong Kong Companies Ordinance as executive directors for your company:

• Provision of experienced professionals with expertise in Hong Kong taxation, company law, and industry-specific knowledge
• Establishment of OECD-compliant decision-making frameworks
• Assurance that board meetings are physically convened in Hong Kong with statutory records maintained

Our professional local directors will operate the company in accordance with client instructions and under the terms of the Director Services Agreement and confidentiality deed signed between the director and the client.

We shall consider to provide such professional director services only after rigorous and enhanced due diligence procedures.

NEED MORE INFORMATION?

Contact us today at info@qrcadvisory.com to discuss your requirements.