Since the beginning of this year, the global economy has stepped into a steady recovery, and international trade is also on the rise. According to the statistics of our customs, China's international trade is also on a steady rise, and there is also a large increase compared with last year. Hong Kong, as the financial center of Asia, is also home to many people who do international tradeRegistered Hong Kong company. However, the tax system in Hong Kong is quite different from that in the mainland. Today, I would like to introduce to you the differences of the pre-payment system.

The mainland's enterprise income tax is quarterly advance, at the end of the final settlement, is in the year4.7.10And the next year1Monthly advance payment and then the following year's5Make the final settlement before the month. The profits tax in Hong Kong is the annual advance payment, because the profits tax in Hong Kong is only calculated and paid once a year, so in the calculation and payment of this year's profits tax, it is necessary to calculate and pay the profits tax in the next year according to the calculation and payment of tax profits in this year, and then the next year more or less.

Of course, due to the complexity of calculation, the specific calculation of profits tax advance will be explained in detail in the form of cases later.

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