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──Apr 05 , 2021What are the salaries tax standards for Hong Kong companies?

As we all know, Hong Kong has more advantages than China in terms of tax and levy rate. Therefore, along with the social and economic development in China over the years, the total number of companies applying for registration in Hong Kong is also increasing. With the increase of the total number of companies in Hong Kong, domestic operators have a comprehensive grasp of the profits tax in Hong Kong. However, the understanding of salaries tax in Hong Kong may not be so comprehensive, which may lead to risks.

Many operators are aware of Hong Kong salaries tax based on the Internet, which is levied annually13WAn allowance of around HK $; And this tax is only for my salary, on my project investment income is not included in the tax category; Most importantly, the tax will only be levied on staff whose address is in Hong Kong. If the address is not in Hong Kong, the tax will not be levied.

However, this information is not comprehensive. If this information is indeed used as a reference for salaries tax payment, there will be tax risks. Because this information is not comprehensive, because Hong Kong salaries tax criteria are not one, just2A standard.

Criterion 1 Job standard: If the staff member is the executive director of the Hong Kong company, the earnings of the staff member from the Hong Kong company must be calculated and paid Hong Kong salaries tax regardless of whether the staff member is working in Hong Kong.

Standard two Address standard: General staff (non-executive directors) of Hong Kong company whose work address is in Hong Kong must pay salaries tax on their earnings; If you work outside Hong Kong, you are not liable to Hong Kong Salaries tax.

Therefore, when we obtain income from Hong Kong companies, we must be fully aware of Hong Kong salaries tax to prevent tax risks.

What are the salaries tax standards for 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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