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What is the secondary corporate tax rate in Hong Kong?

Released Date: Aug 24,2022 Article Source: HUANZE

The Hong Kong secondary corporate tax rate refers to a local Hong Kong enterprise whose profits are in200The profit tax rate is within HK $10,0008.25%In excess of the preferential tax rate200Ten thousand Hong Kong dollars is required16.5%Is subject to profits tax, so this is the secondary tax rate for Hong Kong companies.

Hong Kong companyThe secondary rate refers to local enterprises whose profits are in200The profit tax rate is within HK $10,0008.25%In excess of the preferential tax rate200Ten thousand Hong Kong dollars is required16.5%Is subject to profits tax, so this is the secondary tax rate for Hong Kong companies.

Generally, only one company in an entity can enjoy the secondary tax rate. Other affiliated companies that need to pay tax in Hong Kong cannot enjoy this preferential policy. butHong Kong companyThere are also more preferential tax policies, such as HK $10,000 or HK $20,000 per year before profit tax can be exempted, or offshore business can also be made offshore, exempt from profit tax, etc. Overall, Hong Kong is the lowest or relatively low tax rate in the world.

What is the secondary corporate tax rate in Hong Kong?

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