First of allHong Kong companyThere is no global tax. There is only profit tax, property tax, salaries tax and customs duty. If a company registered in Hong Kong has no property in Hong Kong, there are only two kinds of taxes, namely profits tax and salaries tax.Hong Kong companyThe profits tax rate is16.5%We can offer a discount if the profit is less than 2 million8.25%, if the business is offshore income, can also be made offshore application tax exemption. Salaries tax is the tax that employees need to pay when their personal salaries reach the tax standard. In fact, this is mainly paid by the employees themselves, and the most companies withhold the tax. Therefore, there is basically only one tax involved in registering a Hong Kong company, which is profits tax.

There is a global tax for Singapore companies. Profits earned anywhere in the world are taxed. In addition, Singapore companies also have income tax and consumption tax17%Excise tax is7%. However, if the business is offshore income, can apply for tax exemption, but to do quarterly financial statements to declare excise tax. Therefore, in a comprehensive comparison, Hong Kong's tax is simpler and the tax rate is lower.

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.