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──Feb 27 , 2021On Salaries tax policy in Hong Kong

2020China's Hong Kong audit began in 1997, and there were no shortage of them2020Some newly established companies in Hong Kong did not understand the tax policies of Hong Kong. One of them consulted us about Hong Kong, ChinaSalaries taxA tax policy.      

First of all, from the perspective of Hong Kong audit, if there are personnel salaries in the actual operation of a Hong Kong company, the salary of the relevant personnel and the certificate number of the relevant personnel (such as ID card, passport, etc.) are required during the audit.

In fact, in Hong Kong, the principle of salaries tax is based on the territory. Only salary recipients who take place in Hong Kong, China are subject to salaries tax and enjoy a deduction limit for one yearHKD132000, and other deductions (such as whether the spouse is a dependent, whether the spouse is employed, whether the spouse has dependent children, etc.).

However, as for the directors of the company, as the senior officers of the company, as long as they have their salary, if they exceed the limit and deduct relevant deductions, they are required to pay salaries tax in Hong Kong.

Each company has a different business model, and the specific response is also different. We need to analyze specific problems in the audit in Hong Kong.

On Salaries tax policy in Hong Kong

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.

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