Hong Kong encourages local and overseas fundraisers to conduct business in Hong Kong with a simple tax base and preferential policies. Hong Kong also signs tax agreements with different countries around the world to enhance the competitiveness of the global market from time to time. From April 1, 2018, Hong Kong will implement a two-tiered profits tax system (applicable to the year of assessment starting on or after April 1, 2018). Implement a competitive tax system to promote economic development and create a more favorable business environment.
|Assessable profits||Corporations||Unincorporated businesses|
|First HKD 2 million||8.25%||7.5%|
|Over HKD 2 million||16.5%||15%|
To operate an industry, profession or business in the form of a corporation or partnership, our tax service team can assist clients in filling out the profits tax returns and submit them to the Inland Revenue Department for reporting.
Profits Tax Service includes:
Our experienced tax team can act as your tax representative to provide timely and value-added advice on your tax positions. We provide a full range of tax services, including but not limited to:
For more information of our Hong Kong tax services, please contact our tax team by e-mail to firstname.lastname@example.org.