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──May 13 , 2021Do I need to declare tax after I register a Hong Kong company?

After the company is registered in Hong Kong, it is required to declare tax to the Hong Kong Inland Revenue Department regardless of whether it operates or not. This is required by the taxation laws of Hong Kong. And the Hong Kong company is fully registered12Month's arrival18Within a month, the Inland Revenue Department will issue a tax return to the Hong Kong company for the Hong Kong company to claim profits tax.

Tax returns are generally divided into two types, operating and non-operating. After the company is registered in Hong Kong, the company with operations in Hong Kong needs to make active audit reports to submit to the tax bureau for tax return. Non-operating companies can choose inactive filing and zero filing.

Special attention: no business of the company to do zero declaration, such as the subsequent start of operation to do audit tax return, need to start from the date of registration to do active audit report. If the audit report is performed in a subsequent year of zero reporting rather than starting on the date of registration, the auditor may issue a reservation about the start date of the audit report.

After the registration of a Hong Kong company, if there is a demand for bidding, financing, bank lending, etc., the audit report with reservations may not be accepted by the bidding, financing, banks, etc., and a new audit report of a Hong Kong company with compliance is required.

Do I need to declare tax after I register a Hong Kong company?

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