Now many enterprises and individuals of international trade business development, will be registered in Hong Kong company operations, and mostHong Kong companyIs operated offshore (does not involve onshore does not need to pay profits tax). The Inland Revenue Department of Hong Kong will require the company to operate offshore based on its audit reportHong Kong companyDefense of offshore profits (i.e. offshore claim or profits tax exemption).

The key question in the offshore profit defense is to letHong Kong companyProvide information on representative transactions of the year (refer to the biggest sales transactions of the Hong Kong company of the year and corresponding purchases). For representative transactions, the company is required to provide complete documents with a complete index in chronological order, from purchase to sale (all documents are clear and complete). For example: quotations, correspondence records (letters, faxes, mails and meetings), sales and purchase agreements, purchase and sales orders, order confirmations, invoices, letters of credit, import and export registration forms, shipping and insurance documents and other related letters, faxes and emails.

Hong Kong Inland Revenue Department needs basisHong Kong companyIn the final judgment, if all the information provided has nothing to do with Hong Kong onshore, it means that the source of profits is offshore, and the profits obtained by the company do not need to pay profits tax 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.