Hong Kong company tax system has the characteristics of narrow tax base, low tax rate, basically a Hong Kong limited company does not buy any property in Hong Kong, there is only one tax, that is, profit tax. But which companies need to pay profits tax? How is the profits tax calculated?
Hong Kong company tax returnThe tax system is characterized by a narrow tax base and a low tax rate. Basically, a Hong Kong limited company does not purchase any property in Hong Kong. There is only one tax, that is, profit tax. But which companies need to pay profits tax? How is the profits tax calculated?
Hong Kong company tax returnWhere profits tax is payable: Profits derived from or derived from Hong Kong arising from the operation of business in Hong Kong by a Hong Kong company are assessable profits. It can be analyzed from the following points to determine that the profits come from Hong Kong. If one of them is occupied, the resources of Hong Kong are occupied:
1, whether to hire people in Hong Kong (the directors cannot be Hong Kong people) and lease office space;
2, whether the supplier or customer is a local Hong Kong enterprise or individual;
3, whether to contact customers through resources in Hong Kong. For example: Hong Kong exhibition, Hong Kong telephone, Hong Kong fax, Hong Kong email, etc.
4Whether the contract is signed locally in Hong Kong;
5Whether the goods are processed locally in Hong Kong;
6, whether the goods are shipped directly to other parts of the world or directly to other parts of the world from overseas without passing through Hong Kong.
If any of the above occupy Hong Kong resources and the company has a net profit,Hong Kong company tax returnIt is subject to profits tax. Profits tax is calculated at the rate of profits tax on a year's turnover minus all costs and expenses16.5%Let's figure it out.
CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.