After the Hong Kong company receives the labor fee paid by the Singapore company, how can the profits be transferred back to China? How to pay taxes upon repatriation?
Shareholders of Hong Kong companies who are mainland Chinese companies can be transferred back to the domestic company in the form of dividends.However, when the Hong Kong company is established in the early stage, the shareholder of the Chinese mainland company needs to register with the Department of Commerce and the National Development and Reform Commission to obtain the legal approval for foreign investment.
If it is transferred back to China in the form of dividends, it needs to be included in the account of investment income, and then incorporated into the customer's domestic company profit statement, and the enterprise income tax will be settled at the beginning of the next year. If the shareholder is a domestic natural person, can be through the settlement of foreign exchange, but the annual limit per personUSD5Ten thousand.
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