Tax Articles

📋 Key Facts at a Glance Historic Change: Buyer's Stamp Duty (BSD) was completely abolished on February 28, 2024, ending 13 years of property cooling measu...

📋 Key Facts at a Glance Hong Kong's Tax Advantage: Profits tax for corporations is 8.25% on the first HK$2 million and 16.5% on the remainder. There is no...

📋 Key Facts at a Glance Core Tax Rate: Hong Kong's standard Profits Tax rate is 16.5% for corporations, with a two-tiered system offering 8.25% on the firs...

📋 Key Facts at a Glance Estate Tax Status: Hong Kong has no estate, inheritance, or capital gains tax. Estate Duty was abolished in 2006. Tax-Free Transfer...

Did you know? When filling out the salaries tax return form in Hong Kong, even a simple mistake may cost you thousands of Hong Kong dollars, or even face fines or miss tax deduction opportunities. As tax season for the 2024/25 tax year approaches, understanding common filing pitfalls can save you time, money and unnecessary stress. Hong Kong's unique "territorial source" tax system is different from the "residence" tax system in many countries, which often catches taxpayers off guard. This guide will take you...

Did you know that Hong Kong has developed into Asia’s leading green finance hub and has one of the most comprehensive tax incentive ecosystems for sustainable investments? As global businesses face the challenge of reducing carbon emissions, Hong Kong offers an unprecedented opportunity to turn environmental responsibility into financial advantage. From "super deductions" for green R&D, sustainable bond funding, to proposed carbon credit tax exemptions, this article will analyze how your company can benefit from Hong Kong's evolving green taxes in 2024-2025...

📋 Key Facts at a Glance Tax-Free Transfers: Hong Kong has no capital gains tax, inheritance tax, or estate duty, making trusts exceptionally tax-efficient...

As a Hong Kong resident investing in global markets, do you know that not all stock investments require payment of Hong Kong Stamp Duty? In fact, the "territorial source" principle of Hong Kong's tax system means that most of your overseas investments may be completely exempt. Understanding these rules can not only save you considerable transaction costs, but also help you make smarter investment decisions.

📋 Key Facts at a Glance Allowance Amount: HK$37,500 per qualifying dependent brother or sister (2024-25 tax year) Income Limit: Dependent's total income mu...

📋 Key Facts at a Glance Vacant land is NOT rateable: Under Hong Kong's Rating Ordinance (Cap. 116), only "tenements" (buildings/structures) are subject to...

📋 Key Facts at a Glance Maximum Annual Savings: You could save up to HK$10,200 annually by maximizing voluntary retirement contributions (HK$60,000 × 17% t...

Did you know? Hong Kong’s green bond market grew by 43.2% in a single year in 2024. As global companies face increasing pressure for sustainable development, Hong Kong has positioned itself as Asia's leading ESG (environmental, social and governance) financial hub. Hong Kong provides a series of powerful tax incentives, subsidy schemes and regulatory frameworks, allowing companies to practice green operations not only to be environmentally responsible, but also to bring financial advantages. Let’s dive into how your business can benefit from comprehensive ESG taxation in Hong Kong...