A Guide to Reducing Taxable Income for Small Businesses
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 Happens When You Avoid Tax in Hong Kong? A Guide to Tax Evasion Penalties
Hong Kong is well-known for its simple and straightforward tax regime, which makes the country one of the best places you could start a business in. However, despite the favorable tax rates, there are still cases of tax evasion which leads to legal consequences.
Calculating Taxes: The Self-employed & Freelancer Guide
Partner of a partnership business or sole proprietor? If you’re self-employed and earning an income in Hong Kong, this article will help you get up to speed on all you need to know about calculating taxes for freelance work.
A Guide to Hong Kong’s Double Tax Treaties
Hong Kong boasts a thriving economy with a business-friendly tax regime, including its Double Tax Treaties, which has attracted many entrepreneurs and investors alike.
A Guide to Taxable Income for New Business Owners in Hong Kong
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.
3 Tips for a Better Tax Filing & Planning Strategy
Making sure your accounting 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
Profit Tax: How a Hong Kong Company Can Get An Exemption
In Hong Kong, tax exemptions are applied to profits received from offshore funds. Here’s how to apply so your offshore company can benefit.
Hong Kong Withholding Tax: What Is It and Who Pays It?
If your company is a resident company and you’re making specific types of payments to non-resident companies or individuals? You’ll need to know about withholding tax then.
Guide to Hong Kong Tax for SME Owners
Hong Kong can boast one of the simplest and cheapest tax systems in the world. Is there a value-added tax? No such thing. How about a withholding tax or a capital gains tax? Again — nope. We will explain which taxes for private limited companies do exist in Hong Kong and how to pay them.