Taxation

Would you like to get the tax exemption status for your Hong Kong Limited company? Read our article to understand the process.  

Hong Kong is famous for its tax-friendly environment. One of many advantages is that only profits derived from Hong Kong are chargeable to Profits Tax. The current rate is 16.5%. If your Hong Kong company’s profit is sourced elsewhere, the profit is then free from profits tax.

Offshore companies can apply for offshore tax claim when submit the first tax return and accounts, if the  company has profit for the year, Inland Revenue Department will issue a tax queries letter asking for the operation mode of the company’s business, full sets of documents such as sales &…

Would you like to know how you can save money through a Hong Kong Company?

Off all the decisions you make when incorporating a company in Hong Kong, the most important once relates to taxes. After reading this article, you will better understand how the process of Completion of Profits Tax Return (“PTR”) and its submission to Inland Revenue Department (“IRD”), Hong Kong Tax Authority, works.