We knowHong Kong companyIf the business is offshore, meaning profits are earned outside Hong Kong, it is not subject to Hong Kong profits tax under Hong Kong tax law. The offshore conditions are determined by the specific business conditions of each Hong Kong company.

As oneHong Kong companyTo provide consulting services to its clients in Hong Kong. The consulting contract is signed with the clients in Hong Kong.INVOICEIt is also issued by Hong Kong company to Hong Kong customers. However, the consulting service fee was paid by the Japanese subsidiary of the Hong Kong client. In this case, even though thisHong Kong companyThe recipient is not the Hong Kong customer, but the Japanese company outside Hong Kong. But in fact, this business is with the Hong Kong customer, and the Japanese subsidiary only pays the money on behalf of the Hong Kong customer. So the business is still deemed to be onshore and the resulting profits are derived in Hong Kong and therefore subject to Hong Kong profits tax.

CycloseThe company is committed to providing domestic and foreign customers with corporate 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 private enterprises, listed companies and large state-owned enterprises.