HUANZE

Overseas company knowledge base

──Jun 06 , 2021How do I distinguish whether I pay Hong Kong Salaries Tax?

For Hong Kong companies, is doingHong Kong audit returnSalaries are often involved. Salaries are subject to salaries tax in Hong Kong.

Salaries tax payers mainly refer to the tax paid on wages earned working in Hong Kong.

If the income is generated in Hong Kong and exceeds the tax limit, it is subject to salaries tax in Hong Kong. If the income is not derived from Hong Kong, it is not chargeable to salaries tax even if it exceeds the tax limit. However, it is likely to involve filing a Salaries tax return.

Except for one case, if the salary recipient is a director of a Hong Kong company, as an officer of a company, even if his income is not from Hong Kong, he shall not only file a salaries tax return but also pay salaries tax if his income exceeds the limit.

So in doingHong Kong audit returnIn terms of wages and salaries, it must be clear whether the person receiving the salary works in Hong Kong or whether he is a director of the company.

If these distinctions are not clear, it is likely to create tax risks for the company.

How do I distinguish whether I pay Hong Kong Salaries 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.

BACK
PREV

Hong Kong companies do cross-border e-commerce and international trade, stock counting should pay attention to!

NEXT

The process for Hong Kong companies to make audit reports