When I lost my previous position in 2013, I had to prepare to freelance with or without a long term contract.
I encountered the taxation issue: country, nationality, residency, rate, authority...
I was left with many questions:
What is allowed? What is really off-shore? Black listed countries versus transparency.
Will I lose my pension? My social security? Will I have the tax authority tracking me?
Will I sleep at night?
"Sometimes after one door closes another one opens".
That unlucky situation inspired me to create Starting Point HK - a financial services provider for aircraft and ship crews all over the world.
Let me tell you a bit more about it.
Starting Point HK is a company set up in Hong Kong. It took hundreds of hours of hard work, a huge investment, the support of several foreign law firms, accountants and consultants to achieve this structure.
Hong Kong offers a tax rate as low as 15% while being a legal jurisdiction.
The principle of this system is that earnings tax is sourced in Hong Kong rather than a tax based on residence - it is one of the few countries in the world that taxes on a territorial basis. It has been ranked first in terms of economic freedom for 22 consecutive years.
Starting Point HK has been tailor-made for crews and it is valid for planes, ships and their operators..
Long story short: we are in the same boat. I'm a pilot who opened this structure to his colleagues, and now you too can benefit from Starting Point HK.
Start now. Click here.
