Hong Kong companyProfits tax is levied on the source of the company's profits. Hong Kong does not charge profits tax on profits that do not occupy Hong Kong resources. Therefore, when the Hong Kong company makes the audit and tax declaration, it informs the tax bureau that our company is an offshore business, and the business of the Hong Kong company does not occupy Hong Kong resources, so there is no need to pay tax. After that, the tax bureau will inquire about the business process of the company in detail, and the Hong Kong company will answer the inquiry, which is called offshore claim.

As the name suggests,Hong Kong companyIn addition, when doing offshore business, the Hong Kong company does not occupy Hong Kong resources (for example, it does not know customers through Hong Kong exhibition, does not sign contracts in Hong Kong, and does not trade goods in and out of Hong Kong port, etc.), and it will only involve offshore claims after the late tax declaration. Therefore, not all Hong Kong companies need to make offshore claims, and not all Hong Kong companies with offshore business need to make offshore claims to Hong Kong Tax Bureau every year after the audit and tax declaration.

Offshore claims are usually audited tax returns1-2After a year, the Inland Revenue Department of Hong Kong will issue a letter requesting the company to defend its offshore claim5-6The Hong Kong Revenue Bureau usually doesn't ask for it again for another yearHong Kong companyPlead the case.

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