AsiaBS
Success Story
Company Formation
such as BVI, Samoa etc.
Company Parking
Service in Hong Kong
Service in China
ABOUT TRUST ONLINE |
Using Hong Kong Company
Using Hong Kong HSBC bank account
about Taxation
No tax in Hong Kong - Offshore operation tax exemption
about Transaction
about Trading
about China market
Using Hong Kong HSBC bank account
No tax – for Royalty income
Background
- Mr. A owns intellectual property or technology that can be licensed to other company for commercial use.
- Mr. A setup Hong Kong company H Ltd, and register H Ltd as the owner of the intellectual property (IP);
- H Ltd licensed use of the IP to a USA company for production use;
- H Ltd received royalty income base on the use of the IP in USA.
- The royalty income received by H Ltd is not subject to Hong Kong profits tax;
- Such income will be taxable if the use of IP is located in Hong Kong.
