The Hong Kong company is doing the booksIs there a withholding income tax expense (i.e., profits tax) for the current year? Many customers registered with Hong Kong companies will encounter the above problems when Hong Kong companies do accounts. International accounting standards apply to the accounting of Hong Kong companies. According to relevant standards, when income tax should be paid, it is necessary to withhold the income tax of the year through the subject of "Tax payable -- Income tax payable". The income tax rate is in accordance with the provisions of the Hong Kong Tax Law.200Within HK $10,000, according to8.25%Calculate, exceed200According to all16.5%Calculate.

The so-called "taxable income tax" means that the profits of a Hong Kong company are incurred onshore, that is to say, the profits originate in Hong Kong and are subject to Hong Kong income tax (i.e., profits tax). On the contrary, if the business of a Hong Kong company is offshore, that is to say, the profits are derived from outside Hong Kong. According to the tax law, there is no need to pay income tax (profits tax) in the current year, then there is no need to withhold income tax, that is, the tax payable in the current year.0".

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.