HUANZE

Overseas company knowledge base

──Jun 12 , 2022How can mainland people pay tax in Hong Kong if they have income in Hong Kong?

Many mainlanders now have incomes outside China, especially in Hong Kong. However, many people do not know how to calculate and pay their own personal income tax after obtaining income in Hong Kong, which needs to be divided into two situations.

In the first case, income is earned in Hong Kong, but I do not live in Hong Kong and do not serve as a director of a Hong Kong company, so I do not pay salaries tax on income earned in Hong Kong. If the mainland person obtains the income in Hong Kong, he is liable to pay the personal income tax in China. The method of tax payment is to combine the income obtained within China and that obtained in Hong Kong at the time of the final settlement of individual income tax and calculate the individual income tax that should be paid.

In the second case, income is earned in Hong Kong. I earned it by working in Hong Kong and therefore pay salaries tax in Hong Kong. Then, when we calculate the personal income tax, the first step is to summarize the domestic and foreign income and calculate the personal income tax, and then submit the receipt of the salaries tax paid to the tax bureau of the place of residence. The tax bureau will deduct the tax paid in accordance with the regulations, so as to avoid double tax payment.

How can mainland people pay tax in Hong Kong if they have income in Hong Kong?

CycloseFocusing on providing company audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many large state-owned enterprises and listed enterprises.

BACK
PREV

How can a Hong Kong company apply to the Inland Revenue Department for tax refund?

NEXT

Why can't you settle foreign exchange after earning income in Hong Kong?