HongKong Company Tax Consultancy Service
Hotline: 86-755-82143348 Email: 2355725105@qq.com
Hong Kong Company Tax Rate has created an image of low tax and few tax environments. The distinctive taxes for enterprises are Income taxes (salaries tax, profits tax); profit tax is levied at rate of 15% for unlimited and 16.5% for limited companies respectively. Salaries tax ranges from 2% to 17% on net income (before deduction of the allowances). There are several features of the Hong Kong tax system. For most commodities, there are no import tax and export tax.
Tax compliance
Statutory deadlines can interfere with the effective performance of the company's accounting department at certain times of the year, and missed deadlines can spell substantial penalties. You can relieve the company of this compliance burden through timely preparation of tax returns and advising on tax authority enquiries into tax returns. It may be possible to holdover a provisional tax payment when corporate profits decline. Under certain circumstances, assessments can be re-opened for up to six years where an error or omission in a tax return filed is proven.
Tax consulting
From a manufacturing base, Hong Kong has now evolved into a mixed economy which plays a leading role within the global structures for the trade, financial services and telecommunications industries. The complexities of everyday modern business in Hong Kong are not always matched by a tax system capable of handling such complexities. At times this can create uncertainty of tax treatment, and at others opportunities.
HongKong hitherto relatively relaxed tax environment is now giving way to a rigidly enforced regime where faultless tax compliance is expected by the authorities. In particular, offshore claims are being thoroughly scrutinized, and it is essential that documentation and practice supports the claim. Where complex transactions are being contemplated, it may be advisable to seek tax clearance in advance.
Contact us
For any Hong Kong Company Tax Rate enquiries, please do not hesitate to contact us, Malaysia hotline：603-2141 8908，Fax：603-21418909; Hong Kong hotline: 852-27826888, Fax: 852-34262391; China hotline: 86-755-82143181, Fax: 86-755-82143182; Email: tannetcom88@gmail.com (Malaysia), Group website：www.3737580.net