Nature of foreign branch offices

What are the benefits of setting up a foreign branch office in Hong Kong?

The process of opening and registering a branch office in Hong Kong is easy and quick.
The foreign branch office is entitled to tax advantages such as free taxation on income sourced outside of Hong Kong. This is especially so for investors from countries which are having Double Taxation Agreements with Hong Kong.
Having your company incorporated as a foreign Branch Office enables your company to enjoy lesser requirements for registration and reporting.