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──Jun 18 , 2021How to declare tax for the first time in Hong Kong?

Under the Hong Kong tax law, any Hong Kong limited company must file an annual tax return to the Hong Kong government, regardless of whether it has been operating or making a profit for one year. Then when should the Hong Kong company report? How do I report it?

1, new Hong Kong companies will normally be registered after the date of incorporation no18Get your first tax return in about a month. And the old company is usually in the future every year4month1Received the tax return from the tax bureau around the day.

2, submit the auditor's report (audit report) and the completed tax form to the Inland Revenue Department within one month after receipt of the tax return as required. If it cannot be submitted on time, apply to the Inland Revenue Department for extension in advance.

3The deadline day of tax declaration can be selected3month31Day or12month31Day. Generally, it is better to choose the same financial year as the Hong Kong government, i.e4month1Day to year3month31Day, so that you can stagger the annual tax returns with domestic companies.

Of course, it can also be done according to the natural year, i.e1month1sunrise12month31Day, the natural annual account is a lot of companies in order to match the mainland companies choose more, especially listed companies to the same annual disclosure of financial information. The specific choice of tax cycle according to the company's own situation to choose, but need to be in the first time to choose to do the account deadline.

How to declare tax for the first time 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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