SPV (special purpose vehicles) are subsidiaries that are registered with the main purpose of securing assets of the mother company if it faces serious risks such as Bankruptcy. In Hong Kong, SPVs can be fully incorporated companies, trustees, or partnership.
The SPV can also be formed to assist businesses seek funds for the parent companies without adding unnecessary risks. This operation has been a huge attraction for SPVs coming to Hong Kong because they can enjoy advantages of specific tax as well as foreign exchange special treatment. In this post, we bring you everything that you need to know about offshore SPV. Read More