Any taxpayer who files an “incorrect return” by omitting or understating any tax-related material without “reasonable excuses” commits an offense. AsiaBC can be appointed as your Hong Kong tax representative to handle tax returns timely, and act on your behalf to deal with matters with the Hong Kong Inland Revenue Department (HKIRD).
Filing of Profits Tax Return
for every Hong Kong private limited company
Filing Tax Return with Inland Revenue Department
Replying Inland Revenue query
Preparation of tax exemptions
Declaration of dormant company if necessary
US$ 500 per form
* This service fee is only applicable to our existing clients.
Careful handling of tax returns is critical to avoid potential loss and penalty. We can act as your tax representative if you have tax obligation of::
We can help to solve tax matters related to:
Salaries Tax & Personal Assessment
Tax consultation and planning
Preparation and filing of annual tax returns
Declaration of extension and tax objection
Being your tax representative, we can also offer tax advisory service and work with your accountants, to strike for the balance between tax compliance and benefits. To maximize your tax advantage, we strongly recommend you hire AsiaBC to handle your accounting matters accordingly.
Hong Kong adopts territorial principle of taxation – income generated by a Hong Kong company and a Hong Kong resident would not be taxable when the income is sourced outside of Hong Kong. To obtain the tax exemption, taxpayer need to apply for tax exemption or advance ruling from the HKIRD with proof.
Double Tax Relief
Double taxation may occur when two or more regions collect tax on the same income made by the same taxpayer. Hong Kong government has signed avoidance of double taxation agreements with other governments, some of which tax their residents on global basis. Non-Hong Kong residents operating business in Hong Kong may apply for the relief.
Our fees are based on a combination of the following:
Level of expertise required
For complete tax computation, clients have to join our Accounting Service at the same time.