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──Aug 22 , 2021What are the common taxes of Hong Kong companies?

inHong Kong corporate auditIn accounting and tax declaration, many enterprises are not very clear about what kinds of taxes in Hong Kong. If there is a Hong Kong company, which taxes will be involved, enterprises are more concerned.

In fact, to set up a company in Hong Kong, the taxes involved are relatively small, unlike the mainland, the front and back taxes are particularly numerous, particularly complex. The main types of taxes in Hong Kong are: Profits tax, as the name implies, is to pay taxes on the profits earned by companies, which is of the same nature as the corporate income tax in the mainland; Salaries tax is of the same nature as the Mainland's personal income tax; Customs duty. In Hong Kong, customs duty is only imposed on certain categories of goods, such as tobacco, spirits, methanol, hydrocarbon oil, and stamp duty. The most special thing in Hong Kong is that there is no turnover tax, that is, there is no value-added tax in the mainland, which is a special preferential tax in Hong Kong. Therefore, many entrepreneurs consider investing in Hong Kong to value this point.

The above are relatively common taxes in Hong Kong, of course, in Hong Kong is not only these taxes, but other taxes are not common, enterprises generally do not involve. Only a better understanding of Hong Kong's tax system can better control the tax costs of enterprises.

What are the common taxes of Hong Kong companies?

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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