AsiaBS
Hong Kong Tax Exemption
Company Formation
such as BVI, Samoa etc.
Company Parking
Service in Hong Kong
Service in China
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Operating outside Hong Kong. Income is not taxable.
Hong Kong adopts a territorial source principle of taxation. Only profits which have a source in Hong Kong are taxable here. Profits sourced elsewhere are not subject to Hong Kong Profits Tax.
It can be done by 2 ways :
Offshore income claim is not automatic. It needs to be applied.
If your business activity is not within and not related to Hong Kong.It can be done by 2 ways :
When tax exemption application is required, there are 3 items in needs :
- Item 1, All income (onshore and offshore) report;
- Item 2, Organization chart;
- Item 3, Walk-Through document;
Tax Department feedback takes around 3 months.
Success Case : No tax in Hong Kong - Offshore operation tax exemption
If you need more advice? Please feel free contact us.