Hong Kong company and domestic tax is different, after the establishment of Hong Kong company18In about months, the tax bureau will issue the first profit tax return. How to make the tax declaration for Hong Kong company?
Hong Kong company and domestic tax is different, after the establishment of Hong Kong company18The tax bureau will issue the first profit tax return in about months. How to do itHong Kong company tax returnWhat about tax returns?
If the company has started operations after its establishment, an audit report is required by a Hong Kong accountant (the accounting period of the audit report shall not exceed the date of incorporation of the company)18Month), according to the data on the audit report to fill in the profits tax form for tax declaration.
If the company is not currently operational, but will be operational later, whether to do activeAudit report of Hong Kong companyWhat about tax returns? In this case, there are several options.
The first option, you can do the first year as it already operates Audit report of Hong Kong companyThe accounting period starts from the date of establishment18Within months), starting with the second audit report and connecting with the first audit report, each12Do it once a month. This is a compliant and cost-effective way.
The second option is to make tax returns based on inactivity (that is, zero returns) at first, but to make active incense later when the company is up and runningHong Kong corporationAudit reportThe active audit report shall still be made up from the date of establishment of the company, and the accounting period of the first audit report shall also comply with the date of establishment of the company18A month. The second report also starts with the first report, every12Do it once a month. This choice only delays the time to make the first report, but in terms of cost, it will cost an extra zero declaration fee, and when submitting the supplementary report, it needs to explain and explain to the tax bureau.
The third option is also to make zero declaration at first, and then make up the audit report when the company operates. However, the accounting period of the first report is from the date of the company's establishment to the year of operation, so that the accounting period may exceed18Months, if more18Every month, the accountant will issue a reservation on this issue in the audit report. In addition, when the supplementary report is submitted, it needs to explain and explain to the tax bureau.
The above three options, the customer can choose freely, but from the standard management, cost saving two aspects of consideration, it is recommended to choose the first.
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