Taxation

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Tax Advisory Services

Our professional CPA (Practising) tax advisory team fully understands the taxation laws of Hong Kong, China and overseas countries. With deep understanding of client business and word-wide tax law, we can provide professional tax advisory and planning for our global clients. And after completing tax return filing, we can also prepare and sign off on the audit report.

 

Hong Kong Taxation Information

“Simple tax system, low tax rate and encouragement of business operation” are the policies that the Hong Kong Government has always pursued. Therefore, Hong Kong has obtained 90.2 points and ranked number one among 180 countries and regions in the latest “Economic Freedom Index” published by the American Heritage Foundation. And Hong Kong has kept this top ranking for 25 consecutive years.

Hong Kong taxation uses the “Regional Source Principle” instead of “World-Wide Tax” to levy taxes. For example, even if a company set up in Hong Kong, if the profits are not sourced from Hong Kong, it will not be subject to Hong Kong’s profits tax.

The main taxes in Hong Kong are:

  • Profits Tax (assessable profit for the first HKD 2 million at only 8.25% tax rate and above the amount at 16.5% tax rate; for some years, 75% of profits tax is waived subject to a ceiling per case)
  • Salaries Tax
  • Stamp Duty
  • Property Tax

Unlike other countries, Hong Kongdoes not apply word-wide tax and does nothave the follow taxes:

  • Sales Tax
  • Value Added Tax (VAT)
  • Dividend Tax
  • Capital Gain Tax

 

Our Professional Hong Kong Tax Services Include:

  • Hong Kong company tax return filing
  • Hong Kong personal tax planning and tax return filing services
  • Act as tax representative and communicate professionally and directly with tax authorities
  • Apply for advanced ruling
  • File tax deadline extension
  • Apply for hold-over of provisional tax
  • Raise out objection on tax assessment
  • Apply for offshore tax exemption
  • Assist in tax investigations and reply tax authority enquiries

 

Our Professional International Tax Services Include:

  • Multinational corporate tax planning arrangements
  • Multinational corporate tax return filing services
  • International personal tax service
  • China tax filing and tax services
  • Transfer pricing planning
  • Tax arrangements for M&A activities
  • Pre-IPO tax planning