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──Nov 30 , 2021What do active Hong Kong companies need to pay attention to?

Many Hong Kong companies may be involved in the conversion of shares, today we will talk about the activeConversion of shares by Hong Kong company.

activeConversion of shares by Hong Kong companyIn addition to the signature document for the conversion, the company's most recent annual return, articles of association, financial statements for the last three months and the most recent auditor's report should be submitted. The tax payable shall be calculated on the basis of reported data on the share value of the Hong Kong company per share (net assets of the company/Number of shares transferred=Share value per share ) to calculate the approximate stamp duty payable on the conversion of shares by the Hong Kong company ( Share value per share*Number of shares transferred*0.0026=Stamp duty), in addition to the stamp duty, a certain amount of stamp duty should be paid (the amount of stamp duty depends on the number of transfers required), and the final amount to be paidConversion of shares by Hong Kong companyThe tax shall be subject to the verification by the tax examiner of the tax bureau.

becauseConversion of shares by Hong Kong companyThe stamp duty and stamp duty should be paid on the spot when submitting the share transfer document. If the company involves a large amount of money, you can prepare a blank check payable to the Hong Kong Tax Bureau. After the tax examiner of the tax bureau calculates the tax payable on the share transfer, you can fill in the check on the spot to avoid a wasted trip.

Warm reminder:Conversion of shares by Hong Kong companySignature documents need to fill in the amount involved in the transfer, but because eachConversion of shares by Hong Kong companyThe situation is different. The registered capital currency of some companies is Hong Kong dollar, and the registered capital currency of some companies in Hong Kong is US dollar or other currencies. Therefore, we must verify more to avoid mistakes and omissions.

What do active Hong Kong companies need to pay attention to?

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.

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