According to the Scope of the Charge for Profits Tax, persons, including corporations, partnerships, trustees and bodies of persons carrying on any trade, profession or business in Hong Kong are chargeable to tax on all profits (excluding profits arising from the sale of capital assets) arising in or derived from Hong Kong from such trade, profession or business. There is therefore no distinction made between residents and non-residents. A resident may therefore derive profits from abroad without suffering tax; conversely, a non-resident may suffer tax on profits arising in Hong Kong.
Therefore, the company may appoint a tax representative for filing the tax return
to the Inland Revenue Department (“IRD”). However, IRD does not require a
person to engage a practising accountant in completing the Return Form.
AAS provides the following services:
- • Tax computation
- • Tax saving plan
- • Filing of tax returns
Tax
- Free Updates
- 12 FAQs
- Useful Links
- Bloomberg
- Companies Registry
- Hong Kong Companies Ordinance Chapter 622
- Hong Kong General Chamber of Commerce
- Hong Kong Inland Revene Ordinance Chapter 112
- Hong Kong Institute of Certified Public Accountants
- Inland Revenue Department
- Listing Rules
- The Hong Kong Institute of Chartered Secretaries
- The Institute of Internal Auditors
- The Stock Exchange of Hong Kong Limited
|
