inHong Kong companyIn the process of auditing, accounting and tax declaration, many enterprises are not very clear about the taxes involved in the operation of a company in Hong Kong. Today, Lianze will share with you several common taxes in Hong Kong.

The first and most common tax is the profits tax, as the name impliesHong Kong companyThe profit earned is taxed, which is similar to the corporate income tax in the mainland, but much narrower than the corporate income tax in the mainland. The principle of regional source taxation is adopted. Income derived from Hong Kong needs to be taxed, while income derived from outside Hong Kong does not need to be taxed.

The second common tax is salaries tax. Similar to the Mainland's personal income tax, salaries tax is paid on office income derived from Hong Kong.

The third is tariff. In Hong Kong, tariff is only levied on certain types of commodities, such as tobacco, spirits, methanol and hydrocarbon oil. Finally, another common tax is stamp duty, which is mainly involved in the transfer of equity transactions.

inHong Kong companyIt should be noted in the tax declaration that there is no turnover tax in Hong Kong, such as the value-added tax and consumption tax in the mainland. This is a particularly good advantage for enterprises, and also a condition that many enterprises consider when setting up a company in Hong Kong.

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.