Home >

Taxation Of Registered Companies In Hongkong

2010/11/2 9:53:00 48

Registered Company Pays Taxes

 

 

register

Hongkong company

taxation

Situation:


Hongkong is a free port with a low tax rate and a low tax rate.

enterprise

The tax that must be paid every year is only one of profits tax. The so-called profits tax is calculated according to the income of the enterprise, that is, 17.5% of net profit.

For example, the annual turnover of an enterprise is 10 million, gross profit 2 million and net profit 1 million.

The profits tax that this enterprise should give to the government is 1 million X17.5%=17.5 million.

If the enterprise is not profitable, the enterprise does not need to pay taxes.


Hongkong company's tax rate calculation method:


The tax rate in Hongkong is calculated on the basis of 17.5% of the actual profit.


Hongkong company's specific tax return time:


The custom of Hongkong company is that every year in March 31st as the financial year, you can extend the tax return for one year.


Do we need to pay duty on products entering and leaving Hongkong?


In addition to smoking and drinking, the goods normally entering and leaving Hongkong do not need to be taxed.

But all import and export goods must be declared, and the customs fee is charged by 0.5% (47000 yuan) and 0.3% (47000 or more) of the actual price.


The tax payable on registration of Hongkong company is:


Hongkong company must pay the registered capital stamp duty when registering.

The registered capital printing tax is charged according to the 1/1000 of the registered capital.

For example, the registered capital is 1 million yuan and the taxable amount is 1000 yuan.


Which department does the invoice receipts of the Hongkong company consist of?


The invoice receipts of Hongkong company are not printed uniformly by the Inland Revenue Department, but printed by the board of directors according to the nature of the company's business.

Invoice receipts and other receipts must be stamped with the company seal and will be effective after the person in charge is authorized.


The Hongkong tax system:


There are three main categories of taxes in Hongkong: property tax, salaries tax and profits tax.


The rate of property tax is calculated on the basis of 16.5 of the rental income of the property owned.


Salaries tax is calculated on a progressive basis based on salary income, and the negative tax ceiling is not more than 16.5 of the total salary income.


The company's profits tax rate is 17.5 of the company's taxable profit.

Taxable profits refer to the profits earned by the company in its operation and operation.

Because many domestic customers, their Hongkong companies do not operate in Hongkong (for example, no offices, offices or recruiters in Hongkong), so they do not have to pay Hongkong profits tax.

  • Related reading

How To Register In Australia

Company registration
|
2010/10/30 10:24:00
59

Nanjing Network Pushing Company Receives Business License

Company registration
|
2010/10/29 9:52:00
65

Mainland Enterprises Continue To Be Favored By International Companies In Hongkong

Company registration
|
2010/10/29 9:48:00
60

How To Register Trading Companies

Company registration
|
2010/10/28 9:22:00
81

Secret Guide For Registration Of Companies In Tibet

Company registration
|
2010/10/27 9:52:00
58
Read the next article

Art Of War: Success In The Workplace Must Go Through Six Disciplines.

If you are interested in taking a few minutes to turn this book over, you will understand that this widely recognized pamphlet is not about complaining, but about a simple truth in the form of excessive packaging: don't be afraid of change, chances are created by yourself.