How to Do Tax Clearance in Hong Kong
Reading Time: 5 minutesBefore leaving a city, several things need to be put into place. Pertaining to business in Hong Kong, employers and employees chargeable to taxation must clear all tax liabilities before departure.
This directive from the Inland Revenue Department (IRD) applies to taxpayers intending to migrate to another country beyond a month for any reason. Being tax compliant is beneficial not just to you but also to your company’s tax situation and your employees.