Hong Kong Taxation Services
Premia TNC boasts extensive professional experience as a Hong Kong taxation service provider. Our mission is to offer transparent tax services, ensuring our clients have full confidence in the expert management of their businesses. For additional information, do reach out to us.
Corporate Tax Services
Hong Kong companies are obligated to fulfill their profit tax obligations. To capitalize on potential tax savings and government incentives, seeking guidance from a reputable taxation service provider in Hong Kong is a prudent step when navigating the profit tax return filing process.
Our range of Hong Kong taxation services includes:
- Profit tax return completion and submission
- Preparation and filing of profit tax computation, along with supporting tax schedules
- Handling offshore income claim applications
- Managing all matters related to profit tax assessments, objections, and communication with the Inland Revenue Department (IRD)
Individual Tax
Individuals who are part of the workforce have a responsibility to meet their individual tax obligations. Given the potential for tax savings, government incentives, and the intricate nature of tax implications, seeking guidance from a Hong Kong tax expert or a reputable taxation service provider is a prudent choice. Their expertise can help you optimize your income declaration, ensuring you benefit from the highest possible tax savings.
Our Assistance
- The completion and submission of individual income tax returns
- Preparation and filing of tax computations, supported by relevant tax schedules
- Handling offshore income claims
- Managing all matters related to individual income tax assessments, objections, and communication with the Inland Revenue Department (IRD)
FAQs
For the fiscal year 2018-2019, companies are subject to a tax rate of 8.25% on profits up to HK$2 million and 16.5% on profits exceeding HK$2 million.
If your business is unincorporated, the tax rates stand at 7.5% for profits up to HK$2 million and 15% for profits exceeding HK$2 million. This tax rate concession is restricted to only one enterprise nominated among connected entities
Certainly. Regardless of the number of employees or the level of profitability, every business operating in Hong Kong is obligated to complete and submit their employer’s return within 30 days of its receipt.
You typically need to complete and submit three forms to the Inland Revenue Department:
- Employer’s Return, which is issued on the first working day of April
- Profit Tax Return, which is issued on the first working day of April
- Individual Tax Return, which is issued on the first working day of May
It’s crucial to promptly fill out and send these forms to avoid potential fees or legal actions.
That is why we strongly recommend engaging a comprehensive agency like Premia TNC. With our services, we can manage your accounting and audits, provide a registered office address, and handle your mail. This includes assisting with the completion of your tax forms once we receive them, alleviating your concerns.
Feel free to reach out to us today to explore how our taxation services in Hong Kong can benefit you.
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]
