HUANZE

Overseas company knowledge base

──Aug 13 , 2022Hong Kong company audit tax declaration should be clear profits tax credit principle!

Establishment in Hong KongHong Kong companyAfter that, I have a certain understanding of the relevant tax policies of Hong Kong, so that Hong Kong companies can reduce a lot of tax costs in the actual business process.

Be doingHong Kong companyDuring the audit and tax declaration, we must know which can and cannot be deducted from profits tax in Hong Kong. First of all, it is necessary to know whether the Hong Kong company actually operates. If there is no actual operation, the loss can not be deducted from the profits tax. If the actual operation of the current loss, at the same timeHong Kong companyIf you are engaged in onshore trade, the loss can be offset indefinitely. If you are engaged in offshore trade, the loss generated can not be offset for the loss of the following year.

Secondary capital losses are not deductible against profits tax in Hong Kong. According to the tax policy of Hong Kong, capital income is exempt, and the corresponding capital loss certainly cannot be deducted from tax. This is the principle of consistent taxation. In fact,Hong Kong companyIn the process of audit and tax declaration, each enterprise will certainly have certain differences, and specific matters need to be analyzed according to different situations.

Hong Kong company audit tax declaration should be clear profits tax credit principle!

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.

BACK
PREV

Hong Kong company registered after the annual need to pay attention to what matters?

NEXT

How to distinguish a standard of value for corporate audit and tax return services in Hong Kong?