Personal Tax Guide

📋 Key Facts at a Glance Territorial Principle: Hong Kong only taxes profits sourced within its borders, not worldwide income Two-Tier Rates: Corporations p...

📋 Key Facts at a Glance Property Tax Rate: 15% on net assessable value (rental income minus rates and 20% statutory allowance) Stamp Duty Required: 0.25%...

📋 Key Facts at a Glance Fact 1: Hong Kong's transfer pricing rules align with OECD BEPS standards, requiring three-tier documentation (Master File, Local F...

📋 Key Facts at a Glance No Capital Gains Tax: Hong Kong does not impose capital gains tax on property sales held as investments Property Tax Rate: 15% on n...

📋 Key Facts at a Glance Trust Duration: Hong Kong: 80-year perpetuity period vs. Singapore: Perpetual trusts allowed Tax Advantage: Hong Kong offers 0% ta...

📋 Key Facts at a Glance Land Ownership: The Hong Kong SAR Government owns virtually all land - only St. John's Cathedral (1847) has freehold status Proper...

📋 Key Facts at a Glance Patent Box Rate: 5% concessionary tax on qualifying IP income, effective from April 1, 2023 R&D Super Deduction: 300% deduction on...

📋 Key Facts at a Glance Hong Kong's Tax System: Territorial basis - only Hong Kong-sourced profits are taxable Profits Tax Rates (2024-25): Corporations: 8...

📋 Key Facts at a Glance Deadline is Critical: You have only one month from the date on your assessment notice to file a formal objection with the IRD. Form...

📋 Key Facts at a Glance Fact 1: Married couples can choose between separate taxation (default) or joint assessment, with the IRD automatically applying whi...

📋 Key Facts at a Glance Hong Kong's DTA Network: Comprehensive Double Taxation Agreements with 45+ jurisdictions, including Mainland China, Singapore, UK,...

📋 Key Facts at a Glance Digital Transformation: Three new eTAX portals launched July 2025, revolutionizing Hong Kong's tax administration Mandatory E-Filin...