hong kong accounting and auditing services

HONG KONG TAX SYSTEM

Hong Kong Tax System - Simple and Low tax rate

Hong Kong's a simple and low tax rate system is the major attraction to foreign investor. There are 3 types of direct taxes in Hong Kong:

  • Salaries tax - 15%
  • Profit tax - 16.5%
  • Property Tax - 15%

Hong Kong adopts a territorial source principle of taxation, which means that only profits sourced in Hong Kong are taxable in Hong Kong. Profits Tax is only charged on profits which arise in or are derived from Hong Kong, which means that a person who carries on a business in Hong Kong but derives profits from another place is not required to pay tax in Hong Kong on those profits. Hong Kong also does not impose the following taxes:

  • No VAT or GST
  • No Sales Tax
  • No Capital Gain Tax
  • No Dividend Tax
  • No Duty Tax

Calculate your income tax now!

Our consultant assists you with Hong Kong company registration, license applications, trademark registrations and bank account openings. Please contact us to receive further information

To talk to our corporate consultant or to arrange a meeting, please call us at +852 2153 6500 or email us at info@kpc-hk.com.


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