Hong Kong Taxation

Hong Kong Taxation – Hong Kong Resident and Business Owner Must Know

Hong Kong Taxation policies have been upgraded by the state’s government to enhance its competitiveness. Substantial changes were observed since then, leading to a higher success rate of investments and business establishments. HK companies hire accounting services to ensure that their firm is audited and founding a huge success rate.

At 3E Accounting, we provide you details and must-know guidelines about Hong Kong Taxation systems. From overviews, tax obligations and salaries, to compliance with the state’s laws and treaties. These articles would help you gain expertise in commerce and traditional trading practices.

Select the List of Guides about Hong Kong Taxation

Overview of Hong Kong Taxation

Hong Kong Withholding Tax Guide

Guide to Hong Kong Income Tax Rates and Income Tax System

Double Tax Treaties in Hong Kong

Guide to Profit Tax and Corporate Tax in Hong Kong

Hong Kong Salaries Tax

Inland Revenue Department (IRD) in Hong Kong

How to Pay Company’s Employees, Directors, and/or Shareholders

Tax Deductible Expenses for Hong Kong Company

Double Taxation Relief Between Hong Kong and China

Personal Income Tax Planning

Tax Planning for Company

Hong Kong Companies: Partial Tax Exemption for Two-Tier Tax Rates

Hong Kong Company: Offshore Tax Exemption on Foreign Income

E-filing Personal Tax Return in Hong Kong

Hong Kong Tax Credits and Incentives

Capital Gains Tax Hong Kong

Tax Avoidance and Evasion in Hong Kong

Hong Kong Stamp Duty

Overview of Hong Kong Taxation

Hong Kong is a country that has caught the eye of many international business investors. One of the reasons Hong Kong company incorporation is such an enticing business prospect is because of the country’s taxation system. Read more

Hong Kong Withholding Tax Guide

Hong Kong may not have any withholding tax in its jurisdiction, due to the territorial system which is abides by. Read more

Guide to Hong Kong Income Tax Rates and Income Tax System

Hong Kong’s tax system is governed by the Inland Revenue Ordinance and its subsidiary legislation, the Inland Revenue Rules. These authorities govern the corporate and individual taxation matters in Hong Kong. Read more

Double Tax Treaties in Hong Kong

Double tax treaties that have helped Hong Kong strengthen its position as a global, thriving economic hub. Read more

Guide to Profit Tax and Corporate Tax in Hong Kong

With a system of identifying corporate tax in Hong Kong, corporations have considered the state as one of the most business-friendly countries in the world. Read more

Hong Kong Salaries Tax

Hong Kong’s Salaries Tax – both corporate and personal – is among the lowest tax rates in the world. Here are other things to know about salaries tax. Read more

Inland Revenue Department (IRD) in Hong Kong

The Inland Revenue Department (IRD) in Hong Kong is the government body which is responsible for overseeing the administration of taxes and duties. Read more

How to Pay Company’s Employees, Directors, and/or Shareholders

All Hong Kong companies are required to keep a proper record of all payments made to the employees, directors, and shareholders. You have to declare all these payments to the Inland Revenue Department (IRD) in either the Profits Tax Return or Employer’s Tax Return. Read more

Tax Deductible Expenses for Hong Kong Company

The Section 16 (Ascertainment of chargeable profits) of Inland Revenue Ordinance (“I.R.O.”) has stipulated that all outgoings and expenses of a company, which they have been incurred by the taxpayer in the production of chargeable profits, are tax deductible. Read more

Double Taxation Relief Between Hong Kong and China

Hong Kong and Mainland China agree on a Comprehensive Arrangement to provide tax relief to income earners working across the border. There are many conditions income earners need to abide for double taxation relief in either Hong Kong or China. Read more

Personal Income Tax Planning

Start with an estimation of your taxable income for the year, know your effective tax rate and plan for your tax payable for the year. This guide is aims to provide information to the tax residents in Hong Kong about how to save your personal income tax every year. Read more

Tax Planning for Company

It is essential to manage your business decisions with the income tax implications effectively. At 3E Accounting, we work closely with you to recognize the best tax strategies for your organisation while managing your tax compliance. Read more

Hong Kong Companies: Partial Tax Exemption for Two-Tier Tax Rates

All Hong Kong taxpayers are subject to the same business tax rate for either a corporation or unincorporated business irrespective of their residential status. Read more

Hong Kong Company: Offshore Tax Exemption on Foreign Income

Hong Kong has one of the world’s lowest taxes and foreign-sourced income (or offshore funds) is exempt from tax due to its territorial source principle for taxation. Read more

E-filing Personal Tax Return in Hong Kong

In Hong Kong, taxpayers can e-file their annual tax returns with the Inland Revenue Department (IRD). Personal tax is sometimes referred to as salary tax and is directed at individual taxpayers… Read more

Hong Kong Tax Credits and Incentives

Before investing in Hong Kong and SAR region, it is a good idea to familiarise yourself with the tax credits and incentives that are applicable to foreigners… Read more

Capital Gains Tax Hong Kong

Like a few countries in Asia, Hong Kong does not have a capital gains tax per se. instead, there is another system in place that is still deemed rather effective… Read more

Tax Avoidance and Evasion in Hong Kong

One would imagine that there would be zero problems arising from tax matters for companies doing business in Hong Kong. Hong Kong is among the top tax havens in the world. The jurisdiction has been preserving secrecy for its investors for years on end… Read more

Hong Kong Stamp Duty

In Hong Kong, stamp duty is charged on the sale of stock at the rate of 0.26% of the consideration for each transaction. The stamp duty will depend on the property type and consideration for the conveyancing of immovable property in Hong Kong. Read More

Whether you’re a foreign investor or a local resident, understanding how Hong Kong taxation works including its prerequisites would help you develop finances and improve transactions. You could also attain tax benefits and incentives as part of the process. Complying with the provisions would help you avoid setbacks such as legal issues, inaccurate interpretation, and the risk of double taxation.