As we all know, Hong Kong is the financial center in Asia. Its most notable feature is its low tax burden. So a lot of people set up their own Hong Kong companies in Hong Kong, some of them will choose to work in Hong Kong field office, this kind of people in Hong Kong field office need to pay attention to, you need to calculate your salaries tax correctly.

For example, if you are an ordinary employee of a Hong Kong company and you travel frequently between the Mainland and Hong Kong, your salaries tax should be calculated according to the length of your stay in Hong Kong.

First of all, if you do not stay in Hong Kong for a full year60Your personal income is exempt from salaries tax in Hong Kong.

If your total stay in Hong Kong this year180Days, your salaries tax should be paid on the basis of the number of days spent in Hong Kong. You need to state your total income for the year in your tax return and then apply for partial exemption from salaries tax.

The amount of salaries tax you will need to pay can be calculated using this formula:

Annual revenue*180 day/365day=Hong Kong taxable income.

Therefore, you need to accurately calculate and pay your salaries tax so that you will not be fined by the Hong Kong Tax Board.

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