Hong Kong company salary tax refers to the two methods of calculating the taxable income derived from or obtained from Hong Kong office, employment and pension.
One is for people on low incomes, multiplying their income minus the allowance by the rate of tax payable15%, is calculated using a progressive system;
One is to multiply the income by the standard tax rate for high earners, whichever is lower.
Hong Kong personal income tax is based on the territorial principle, so if you are operating in Hong Kong, the salaries tax threshold isHKD13.2Ten thousand.
If the Hong Kong company pays ordinary employees, and if the employees have lived in the mainland for a long time, then for the individual, the salaries paid by the Hong Kong company are income from the mainland, which may not be subject to salaries tax in Hong Kong. Therefore, the employee only needs to fill in the salaries tax form and does not need to pay tax (however, if the Hong Kong company pays the employee too much, the Hong Kong Tax Bureau may ask the employee to show the proof of income tax paid by the mainland).
If a Hong Kong company pays a director of a Hong Kong company, the salary paid by the Hong Kong company is based on the director's income from Hong Kong which is subject to salaries tax. Therefore, the director needs to fill in the salaries tax form and pay tax at the same time.
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