According to the Hong Kong Inland Revenue Ordinance, any person, including corporations, partnerships, trustees or groups, who engages in any trade, profession or business in Hong Kong and obtains assessable profits arising in or derived from Hong Kong from such trade, profession or business, shall pay tax. However, faced with a series of various accounts and complicated corporate tax filing regulations, many companies need to spend a lot of time to understand the tax filing process and deal with various problems.
As an experienced tax filing company, China Australia Accounting Firm can handle all kinds of company tax filing matters for you, saving you time to delve into tax filing knowledge.
Our professional team will strive to provide customers with one-stop corporate tax reporting services in accordance with the requirements of the tax bureau. We also hope that through the services of this tax reporting company, we can save time for each unit and provide accurate financial reports so that you can focus on business development.
Introduction to Hong Kong Tax System
1. According to Section 14 of the Inland Revenue Ordinance, any person, including an individual, company, partnership or trustee, who carries on a trade, profession or business in Hong Kong shall pay tax on assessable profits earned in or derived from Hong Kong. Taxpayers are required to submit profits tax returns to the Hong Kong Inland Revenue Department every year.
2. The current corporate income tax rate is 16.5%
3. Only income and profits earned in or derived from Hong Kong are taxable
4. No sales tax, value-added tax, dividend tax or interest tax. No capital gains tax.
Our services include: Limited and Unlimited Companies (Sole Proprietorship & Partnership)
1. Act as the company’s tax agent
2. Fill in the company tax return form and prepare the profit tax calculation form
3. Apply for offshore income exemption
4. Report extension and objection
5. Assist in processing and responding to letters and investigations from the tax bureau
6. Provide tax advice and planning to legally reduce tax burden
Personal
1. Fill out and submit personal tax return
2. Fill out and submit property tax returns
3. Tax Exemption
4. Application for extension and objection
5. Assist in processing and responding to letters and investigations from the tax bureau
6. Provide tax advice and planning to legally reduce tax burden
