Tax Advisory - Maximum

Tax Filing Requirement

In Hong Kong, profits arise in or derived from Hong Kong are liable for Hong Kong profits tax.

The tax return of the limited company or partnership is generally posted in April of each year and the salaries tax return is usually posted in May of each year from IRD. The deadline for submission of tax returns is 1 month.

New Tax Rate Introduce:

Starting 2018/2019, the HKSAR government introduces a favorable two-tiered profit tax rate. Under the two-tiered profits tax rates regime, the profits tax rate for the first $2 million of assessable profits will be lowered to 8.25% (half of the standard rate). Assessable profits above $2 million will continue to be subject to the rate of 16.5% for corporations.

Our team members are specialised and experienced in the Hong Kong Taxation System. We provide tax planning based on different clients’ situation in order to minimise your overall tax liability.

Our tax services include:

Act as tax representative

Prepare and file tax return and tax computation

Provide tax advisory

Calculate the estimated tax liability

Apply for tax extension

Apply for holdover of provisional tax

Apply for objection of tax assessment

Assist in handling tax queries from IRD

Assit in applying offshore income claims exemption

Conduct tax field audit and investigation

File tax refurn for employer's return of remeuneration and pensions

File tax return for profits tax of self-employed, salaries tax and property tax

Please contact us for quotation and consultation.