Hong Kong Taxation Services

Taxation Service Hong Kong

Hong Kong Corporate Tax Rate

Explore Top-Notch Taxation Services in Hong Kong – At Premia TNC, we pride ourselves on our extensive expertise as a prominent Hong Kong taxation service provider. Our paramount objective is to deliver unparalleled transparency and reliability in our tax solutions, instilling utmost confidence in our clients about their business affairs. Get in touch with us now for further details.

Corporate Taxation Solutions

For Hong Kong-based companies, it is obligatory to fulfill their profits tax obligations. To capitalize on potential tax savings and government incentives, it is prudent to seek guidance from a reputable taxation service provider in Hong Kong. Allow us to expertly guide you through the complexities of filing your profits tax return.

Our Comprehensive Hong Kong Taxation Services Encompass:

  • Skillful completion and submission of profits tax returns
  • Thorough preparation and lodgment of Profits Tax Computation,complemented by supporting tax schedules
  • Assistance with offshore income claims
  • Proficiently managing interactions with the Inland Revenue Department (IRD) regarding profits tax assessments, objections and correspondences.

Individual Tax Advisory

Individuals earning income are accountable for Individual Taxes. To optimize available tax savings, government incentives and navigate through intricate tax implications, consulting a proficient tax expert or seasoned taxation service provider in Hong Kong is a prudent choice.Rely on us for invaluable advice to maximize your tax benefits through optimal income declaration.

Our Specialized Services Include:

  • Timely and precise completion and filing of individual income tax returns
  • Meticulous preparation and submission of tax computation supported by relevant tax schedules
  • Facilitating offshore income claims
  • Expertly handling all individual income tax assessments, objections and correspondences with the IRD.

Frequently Asked Questions

In the current tax landscape (2018/2019), businesses in Hong Kong are subject to distinct tax rates based on their incorporation status. For incorporated companies, profits up to HK$2 million are taxed at a rate of 8.25%, while any profits exceeding this threshold are taxed at 16.5%.

In the case of unincorporated businesses, a different set of tax rates applies. Profits up to HK$2 million incur a tax rate of 7.5%, whereas profits surpassing this amount are subject to a tax rate of 15%.

Absolutely! Irrespective of the number of employees or the profit margins, every business operating in Hong Kong must adhere to the mandatory requirement of filing their Employer’s Return within 30 days from the date of receipt. Compliance with this filing obligation is applicable to all businesses in the region.

To fulfill your tax obligations in Hong Kong, you’ll typically need to complete and submit three essential forms to the Inland Revenue Department. The forms and their respective issuance dates are as follows:

  • Employer’s Return: Issued on the first working day of April.
  • Profits Tax Return: Also issued on the first working day of April.
  • Individual Tax Return: Issued on the first working day of May.

It’s crucial to promptly fill out and submit these forms to avoid potential fees or legal consequences.

To streamline the process and alleviate any tax-related burdens engaging the services of a comprehensive one-stop agency, such as Premia TNC comes highly recommended. At Premia TNC, we offer a range of valuable services, including accounting, audits, provision of a registered office address and mail handling. When you avail our taxation services in Hong Kong, we handle the task of completing and submitting your tax forms once we receive them, leaving you with peace of mind and one less thing to worry about.

Don’t hesitate to reach out to us today to learn more about how our taxation services can benefit you and your business in Hong Kong. Contact us now to inquire and get started on the path to simplified tax compliance.

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]