Hong Kong plays an important role in the financial system of Asia. People from many countries and regions set up companies here to carry out their own trade and services. Although before2The global economy was hit hard by the pandemic last year. But now the economy is roaring back. Hong Kong, the financial center of Asia, also sees a lot of new companies set up every day. Recently, Internet companies and game companies have become more and more popular.

If you are a gaming company or an Internet company, you need to pay special attention to the departure tax. Because most Hong Kong Internet and game companies involve copyright costs, that is, the domestic company licenses the copyright of the game or software to the Hong Kong company. In this case, the cost of the Hong Kong company will include the copyright fee paid to the domestic company. Such payment will be subject to departure tax, that is, the Hong Kong company is required to withhold the copyright payment paid to the domestic company (similar to the source withholding in the Mainland).

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