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The bill of expenses of Hong Kong company should be kept

Released Date: Apr 06,2022 Article Source: HUANZE

With the development of economy, many enterprises will choose to set up their companies in Hong Kong. After the establishment of a company in Hong Kong, in fact, many expenses can be recorded in the Hong Kong company. For example, a series of expenses such as leasing fees, personnel salaries, directors' salaries, business entertainment expenses and so on are generated by the company's operation.

With the development of economy, many enterprises will choose to set up their companies in Hong Kong. After setting up the company in Hong Kong, a lot of expenses can be paid inHong Kong companyIt's on the books. For example, a series of expenses such as leasing fees, personnel salaries, directors' salaries, business entertainment expenses and so on are generated by the company's operation.
     Hong Kong bills are in the form of proforma invoices. SoHong Kong companyIn the process of operation, we should take care of the relevant bills. Only in this way can the relevant expenses be recorded in the next year when the company is audited and declared in Hong Kong.

The main tax in Hong Kong is profit tax. The basis of profit tax isHong Kong companyNet profit. Therefore, if the Hong Kong company does not keep relevant bills properly in the process of operation, the expenses incurred cannot be written off against the profits of the Hong Kong company.

Therefore, Hong Kong companies have a certain understanding of the tax policies of Hong Kong, so as to reasonably reduce the tax costs of enterprises in the process of business operation and avoid unnecessary tax risks.

The bill of expenses of Hong Kong company should be kept

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