How to Qualify for Offshore Tax Exemption in Hong Kong (2024)
In Hong Kong, offshore tax status refers to income earned outside the city that is not subject to local corporate profit tax, often...
top of page
Blog
Hong Kong Introduces 5% Tax Break on Qualified IP Income with New Patent Box Regime
On July 5, 2024, the Government of the Hong Kong Special Administrative Region implemented the Inland Revenue (Amendment) (Tax...
Employee Tax in Hong Kong
In Hong Kong, employees are subject to a progressive salary tax system. The tax rate varies depending on the employee's income, with...
Paying Contractors in Hong Kong: A Comprehensive Guide
Many people associate China with Hong Kong rather than Mainland China. This is largely due to Hong Kong's status as a global business...
Workforce Payments Guide: Hong Kong
Currency: Hong Kong Dollar (HKD) Payroll Frequency: Monthly Capital: Hong Kong Fiscal Year: 1 April - 31 March Employer Taxes: 5.00% +...
Social Insurance in Hong Kong
The Hong Kong social insurance system’s primary objective is to address the fundamental and specific needs of community members requiring...
Withholding Tax in Hong Kong
Hong Kong applies the same tax rules to resident and non-resident businesses. Both are required to pay taxes on profits earned in or...
Transfer Pricing and AEOI Reporting in Hong Kong
The Inland Revenue (Amendment) (No. 6) Ordinance 2018 establishes a robust transfer pricing regime in Hong Kong. This ordinance codifies...
Hong Kong's Lucrative Tax Incentives for Businesses
Nestled amidst the bustling streets and towering skyscrapers of Hong Kong lies a beacon of economic freedom and opportunity. For over two...
Salaries Tax in Hong Kong: An Overview
Individuals in Hong Kong are subject to salaries tax on their earnings, with rates varying from two percent to a maximum of 17 percent...
Property Tax Essentials in Hong Kong
Property tax in Hong Kong is a crucial aspect of financial management for property owners, with implications for both individuals and...
Navigating Hong Kong's Profits Tax: Guidelines, Rates, and Compliance
In the dynamic business landscape of Hong Kong, understanding the intricacies of profits tax is essential for financial planning and...
Ensuring Audit Compliance: Navigating Financial Requirements for Companies in Hong Kong
In the bustling financial hub of Hong Kong, understanding the intricate web of audit and financial reporting requirements is paramount...
Hong Kong’s low tax rates continue to attract foreign executives
With some of the lowest corporate and personal tax rates in the world, Hong Kong is an attractive destination for foreign executives....
Hong Kong implements new Foreign Source Income Exemption (FSIE) regime
With the intention of supporting international efforts in combating cross-border tax evasion and preventing double non-taxation, Hong...
New Hong Kong Foreign-sourced Income Exemption regime seeks to end double non-taxation
The Hong Kong tax authorities have decided to strengthen current legislation to better combat cross-border tax avoidance arising from...
China simplifies filing for outbound remittances, cancels Local Tax Surcharges on top of VAT and CT
Foreign investors in China are no longer required to present a separate tax record filing for each outbound remittance as long as they...
bottom of page