Hong Kong boasts a simple and straightforward corporate tax system compared to other jurisdictions. This notwithstanding, you should have a sound knowledge of its operation to fully leverage the benefits of favourable tax policies. In addition, it is important to observe your tax filing obligations to keep fines and penalties at bay. This guide will help you navigate the workings of corporate income tax or profits tax in Hong Kong.
CW CPA is a professional advisory and CPA firm offering accounting and financial reporting, audit and assurance, corporate secretarial, HR process outsourcing, tax advisory and China consulting services, with offices in Hong Kong, Shenzhen, Guangzhou and Shanghai in China, Barcelona in Spain, London in the UK, Bogotá in Colombia, Belo Horizonte and São Paulo in Brazil. CW CPA is a member of Allinial Global, an award-winning association of legally independent accounting and consulting firms whose members collaborate to bring their clients best-in-class solutions.
