The client is engaged in international trade, and his buyers and sellers are not from Hong Kong. Currently, the client's Hong Kong company has received the tax spot check from the tax bureau, so it needs to do the tax defense. So what are the conditions for determining overseas profits of Hong Kong companies?
The client is engaged in international trade, and his buyers and sellers are not from Hong Kong. Currently, the client's Hong Kong company has received the tax spot check from the tax bureau, so it needs to do the tax defense. soHong Kong companyWhat are the criteria for foreign profits?
First customerHong Kong companyIt is not allowed to hire or rent office buildings in Hong Kong. Secondly, suppliers and customers are not allowed to be local enterprises or individuals in Hong Kong. Customers cannot be contacted through resources in Hong Kong. For example: Hong Kong exhibition, Hong Kong telephone, Hong Kong fax, Hong Kong email, etc. The buyer and seller of the client are not from Hong Kong, and the contract cannot be signed in Hong Kong. Including goods cannot be processed locally in Hong Kong. For international trade customers, goods are usually shipped directly from China to all parts of the world or directly from overseas without passing through Hong Kong.
As long as the above conditions are met, the annual standard management of theHong Kong company. If you submit your tax return and audit report on time, you are not subject to Hong Kong profits tax.
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