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The rapid development of the ecommerce industry brings about its own set of challenges for Hong Kong’s tax system. One of the issues that many business owners often faced is the taxation of their ecommerce company’s profits.

What profits are subject to tax, and what are the guidelines? In this article, we will explore these questions.

All <a href="/hk/company-registration/">companies registered in Hong Kong</a> are required to do Annual Filing of certain documents every year. The deadlines set for filing are different for each document.

You will usually need to file your documents by a fixed time, either by a particular date or months after the date of incorporation. However, business owners are often so busy with business engagement that they forget about the deadlines.

As a result, they are penalised for late filing of documents. Getting penalised affects the company and the business’s cash flow. In this article, we will cover the type of filing documents and the penalties for late filing of documents.

Hong Kong is also a fantastic place to base e-commerce businesses as it is well-connected with the rest of the world. This means that personal data will be collected, used and processed during the business transactions.

So what does that mean for new and existing <a href="/hk/company-registration/">businesses registered in Hong Kong</a>? How does a business owner help to prevent data breach and protect an individual's personal data? Perhaps, many business owners who are planning to base their businesses in Hong Kong have this question in their mind: is it necessary for my company to appoint a data protection officer (DPO)? In this article, we will share about Personal Data (Privacy) Ordinance (PDPO) and General Data Protection Regulation (GDPR) and how these regulations affect Hong Kong companies.

New business owners or even company officers may not be familiar with the necessary paperwork to deliver to local authorities for annual requirements. Everything is new. Starting a business in Hong Kong is already so tough and now there is paperwork to deliver to be compliant?

As a business owner, you can’t escape paying taxes. But what kind of taxes would you have to pay, and how are you taxed?

What New Founders in Hong Kong Need To Know About Annual Financial Reporting Obligations

With so many new rules and regulations every year, it’s hard to keep up with what is taxable and what is not taxable. In this article, we will take you through an overview of taxation in Hong Kong and the types of income earned that are taxable.

You may have <a href="/hk/company-registration/">registered your company in Hong Kong</a> for a few years or you’re considering moving to another location due to a high rental cost of your current registered address. You may even want to consolidate your multiple companies into one registered address. If that’s the case, maybe it’s time for you to change your company’s registered address.

It’s important to inform the relevant authorities within 15 days when you change your company’s registered address to avoid expensive fines. In this article, we will explain the process and what you need to know about changing your company registered address.

It’s that time of the year again - a time of planning your business and strategizing your finances for the year ahead. Making sure your <a href="/hk/accounting-services-hong-kong/">accounting</a> paperwork is in order is important as you file your report profits tax to the Inland Revenue Department (IRD). You wouldn’t want to owe the Inland Revenue Department any tax as that will not look good for your business.

To plan your taxes effectively, we will be sharing three important tax filing and planning strategies for you to remember.

Renee Yang

What Taxes Are My Ecommerce Company’s Profits Subject To?

What Are the Penalties for Late Filing of Documents?

Is It Necessary for My Company To Have a Data Protection Officer

Annual Return Filing Dates To Take Note of for New Business Owners

A Guide to Reducing Taxable Income for Small Businesses

What New Founders in Hong Kong Need To Know About Annual Financial Reporting Obligations