Germaco Ltd. was established in Hong Kong in the 1980’s to provide secretarial, accounting and banking services to clients in Hong Kong, British Virgin Islands and other offshore jurisdictions.

The Company provides a wide variety of professional services from business advisory to company formation and maintenance of registered offices and to assist small to medium size enterprises entering the China market.

Germaco Ltd. is located in Harbour City, Canton Road, Kowloon, with a prestigious office address. Temporary office facilities are available to our clients which will support their business presence in Hong Kong.

Hong Kong has a simplified tax system and is a Low Tax Centre. Offshore transactions are not subject to Hong Kong tax, and only profits derived in Hong Kong are assessable. The efficient Hong Kong tax system does not impose inheritance tax or estate duty, tax on dividend and bank deposit interest, tax on capital gains, and there are no VAT or GST.

The Hong Kong Dollar is a stable currency and is pegged to the US Dollar at the fixed rate of HK$7.8 to US$1.0. There is no foreign exchange control in Hong Kong. Profits generated in Hong Kong can be returned to overseas holding companies with no withholding tax.

Asset Protection Planning is designed to protect one’s asset from any potential claim. Individuals with high wealth profile; those in high-risk professions; public figures that are easily targeted for lawsuits; directors of public companies; or anyone who has significant savings for their retirement should consider Asset Protection Planning. The Cook Islands is the first country to introduce asset protection laws and it remains the leading jurisdiction for asset protection trust.