Taxation

NIL Profits Tax Return VS. Profits Tax Exemption

The effective operation of the simple tax system with low tax rates in Hong Kong requires a high degree of compliance and understanding by taxpayers and businesses. It is also the responsibility of each and every taxpayer under the law to file accurate and timely tax return to the…
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Tax exemption status

Would you like to get the tax exemption status for your Hong Kong Limited company? Read our article to understand the process.  
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Claim for Profit Tax Exemption, Hong Kong Company

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

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…
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Accounting Case Study: Profit Tax Return

 Read our case study for a Hong Kong company incorporated on March 30th, 2015 and what happens when the company is in due to file the profit tax return ("PTR").
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Save Money through Hong Kong Company

Would you like to know how you can save money through a Hong Kong Company?
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Starupr.hk on Lowtax!

We are pleased to inform you that Lowtax post Startupr.hk's articles on the Lowtax blog!
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Profit Tax Return filing

 Here is an example of filing the first Profit Tax Return (PTR) of company incorporated in Hong Kong.
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The Art of Tax Filing

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 Profit Tax Return (“PTR”) and its submission to Inland Revenue Department (“IRD”), Hong Kong Tax Authority, works.
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Accounting – Case study

Read an explanation of how to gain offshore status for Hong Kong Limited company. We demonstrate the offshore principles on a Hong Kong Limited company which was registered on the 11th of October 2013.
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