Hong Kong Tax Archives

Measuring Your True Profit: Understanding Explicit and Implicit Costs

October 15, 2025

Is your business as profitable as you think? The answer might surprise you. While many companies are satisfied with their reported profits, they may not be as profitable as they appear. Their financial statements show a positive figure when expenses are subtracted from the revenue. This figure may not accurately…

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What are tax reliefs for SMEs in Hong Kong?

July 11, 2023

Compared to other countries, Hong Kong has a relatively low tax rate and a straightforward tax system, making it an attractive place for businesses to establish operations. Even though Hong Kong’s taxes are on the lower end of the spectrum when compared to those of other nations and localities, Hong…

Tax Evasion Penalties in Hong Kong – A Complete Guide

May 24, 2023

Hong Kong is an ideal place for overseas investors and company owners to set up businesses and grow their operations. Hong Kong’s Tax system is favorably accepted by entrepreneurs worldwide for many reasons, including the city’s ease of starting up and maintaining a company and its closeness to the mainland…

Is Hong Kong considered a tax haven for individuals and corporations?

October 7, 2022

The Hong Kong Special Administrative Region (SAR) of China, is one of the world’s leading capitals for financial services and business opportunities. The city is well known by foreign investors for its low tax rates, ease of business as well as a solid political-economic landscape. Would that be enough to…

Why is Hong Kong’s tax system attractive to businesses?

August 11, 2022

Hong Kong is known to have one of the most business-friendly and straightforward tax systems in the world. And no, Hong Kong is not tax-free; it has a low-rate tax system and a lot of added benefits. Moreover, Hong Kong business taxes are based on a territorial taxation system. Regardless…