Tax Articles

📋 Key Facts at a Glance Current Profits Tax: Two-tiered system: 8.25% on first HK$2M, 16.5% on remainder for corporations. Major Stamp Duty Change: Special...

📋 Key Facts at a Glance No Estate Duty: Hong Kong abolished estate duty for all deaths occurring on or after 11 February 2006 No Capital Gains Tax: Invest...

📋 Key Facts at a Glance Hong Kong's Tax Advantage: Hong Kong maintains a simple, low-rate tax system with no capital gains, dividend, or sales tax, providi...

📋 Key Facts at a Glance Fact 1: Hong Kong Property Tax is charged at 15% on net assessable value, calculated as (Rental income - Rates paid) × 80% Fact 2:...

Imagine importing solar panels, wind turbines or battery energy storage systems without paying a penny of tariffs. In Hong Kong, this is not a fantasy, but a reality faced by companies and individuals investing in renewable energy. As one of the world’s last remaining free ports, Hong Kong’s combination of zero tariffs, attractive fiscal incentives and aggressive climate targets offers unparalleled advantages for green technology investment. This article will provide an in-depth analysis of Hong Kong's unique tax and regulatory environment and how to make it...

📋 Key Facts at a Glance Generous Tax Deductions: Charitable donations to Section 88 approved charities are deductible up to 35% of assessable profits or in...

📋 Key Facts at a Glance Territorial System: Hong Kong taxes only income sourced in Hong Kong, not based on residency status 60-Day Rule: Employees visiting...

📋 Key Facts at a Glance Tax System: Territorial-based taxation – only Hong Kong-sourced profits are taxable Profits Tax Rates: 8.25% on first HK$2 million,...

📋 Key Facts at a Glance Property Tax Rate: 15% flat rate on net assessable value (unchanged since 2008/09) Automatic Deduction: 20% statutory allowance for...

📋 Key Facts at a Glance Tax System Difference: Hong Kong uses territorial taxation (only HK-sourced income taxed) vs. Mainland China's worldwide taxation f...

📋 Key Facts at a Glance Stamp Duty System: Hong Kong operates under the Stamp Duty Ordinance (Cap. 117) with a deeds registration system under the Land Reg...

Is your Hong Kong business ready for the upheavals reshaping the global tax landscape? With international tax rules evolving at an unprecedented pace, companies operating in Hong Kong are facing a complex web of new rules, from the OECD’s global minimum tax to expanded foreign income rules. The challenge is not just compliance, but also establishing a tax structure that can adapt to tomorrow's regulations while capturing today's opportunities.