Profits Tax Filing Specialist

HK Profits Tax Filing That Goes Beyond the Numbers

Hong Kong's two-tier profits tax regime offers significant advantages — but only if your accounts are structured correctly. From claiming 300% R&D enhanced deductions to applying provisional tax holdovers and maximising capital allowances, our HKICPA-certified consultants ensure your business pays exactly what it owes — not a cent more.

HKICPA 등록 24시간 응답 고정 수수료 제도 100% 기밀 유지
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8.25% First HKM profits rate
HK5K Avg SME overpayment found
500+ Corporate returns filed/yr

Profits Tax Filing Specialist

Hong Kong's two-tier profits tax regime offers significant advantages — but only if your accounts are structured correctly. From claiming 300% R&D enhanced deductions to applying provisional tax holdovers and maximising capital allowances, our HKICPA-certified consultants ensure your business pays exactly what it owes — not a cent more.

⚠️

⚠ Provisional Tax Demand — You Have Only 28 Days to Act

Provisional profits tax equals approximately 75% of your prior year's final liability — and the demand can arrive before your current year accounts are prepared. If profits have fallen, you have exactly 28 days from the date of the provisional tax note to apply for a holdover under s.63 IRO. Miss this and you must pay the full amount even if actual profits are far lower.

주요 고민

다음과 같은 세무 문제로 어려움을 겪고 계신가요?

Incorrect Depreciation vs Capital Allowances

IRD-approved capital allowances (Initial Allowance 20–60%, Annual Allowance 10–30%) differ materially from accounting depreciation. Many SMEs file using P&L depreciation figures — losing substantial deductions.

⚠ Risk: HK,000–HK0,000 misstated per year

Missing Enhanced R&D Deductions (s.16B)

Under s.16B IRO, qualifying R&D expenditure is deductible at 300% for approved HK research institutions, or 200% for in-house expenditure. Most tech companies claim only 100%.

⚠ Risk: Forfeiting 100–200% additional deductions

Failing to Claim Offshore Profits Exemption

Under the territorial basis (s.14 IRO), profits from operations entirely outside HK are not taxable. Trading and holding companies frequently miss or inadequately document this claim.

⚠ Risk: Taxing profits that should be entirely exempt

No Provisional Tax Holdover Filed

When profits decline year-over-year, provisional tax based on the prior year represents a major cash flow burden. A timely s.63 holdover can defer or reduce this payment.

⚠ Risk: Premature outflow of HK0K–HK0K
대상

이런 분께 적합합니다

Trading & import/export companies

Complex supply chains create offshore profit claims. We structure documentation to support robust offshore exemption positions and handle all IRD queries.

Technology & software companies

R&D enhanced deductions under s.16B, IP amortisation, and software capitalisation require specialist knowledge to maximise.

F&B, retail & hospitality businesses

Entertainment deduction limits, staff meals, renovation capitalisation vs expensing, and tips/service charges all require careful treatment.

Financial services & fund managers

The unified funds exemption, carried interest tax concession, and updated FSIE regime for passive income require dedicated specialist advice.

Professional services firms

Sole proprietors and partnerships benefit from careful timing of income recognition, TVC contributions, and remuneration structuring.

서비스 항목

서비스 내용

BIR51 Preparation & Filing

Accurate preparation of your Profits Tax Return with full supporting tax computations, depreciation schedules, offshore income apportionment, and all supplementary forms.

All supplementary forms and schedules included

Capital Allowance Optimisation

We apply the correct Initial Allowance (20–60%) and Annual Allowance (10–30%) to all qualifying plant, machinery, and industrial buildings.

Every asset class reviewed and correctly classified

R&D Enhanced Deduction Claims (s.16B)

We identify qualifying R&D expenditure and prepare full technical documentation required to support 300%/200% enhanced deductions.

300%/200% enhanced deductions under IRO s.16B

Offshore Profits Exemption

We prepare a robust offshore profits claim documenting the location of profit-generating operations and defending claims under IRD enquiry.

Full IRD-defensible documentation package

Provisional Tax Holdover Applications

When current year profits are expected lower, we prepare and submit a s.63 holdover application within the critical 28-day statutory window.

Filed within 28-day window — no exceptions
진행 절차

간단하고, 효율적이며, 전문적인 서비스

1

Engagement & Prior Year Review

We begin with a complimentary review of your prior year's profits tax return to identify potential amended claims, missed deductions, and incorrect treatments.

Week 1 — Free
2

Financial Statement Analysis & Tax Computation

We receive your accounts and prepare the full tax computation — adjusting for non-deductible items, adding back disallowable expenses, and applying capital allowances.

Weeks 2–3
3

Offshore Apportionment & R&D Assessment

We assess whether any portion of profits qualifies for the offshore exemption and review all R&D expenditure to identify qualifying amounts under s.16B.

Week 3
4

BIR51 Preparation & Client Sign-Off

We prepare the complete BIR51 with all supplementary schedules and a plain-English client memo explaining key figures and our tax positions.

10 working days
지금 시작할 준비가 되셨나요? 의무 없음 — 언제든 취소 가능
무료 상담 예약
고객 성공 사례

실제 고객을 위한 실질적인 성과

Case Study

Garment Trading Company, Kwun Tong — 4 Years Overpaid

HK5,000 절감액
  • HKM annual assessable profits
  • Used P&L depreciation instead of IRD capital allowances for 4 years
  • Offshore profits claim for 40% of Guangzhou activity never filed
"We had no idea our accountant was using the wrong depreciation rates for 4 years. The refund paid for professional fees many times over."
C
인증된 고객 Case Study
Case Study

HK FinTech Startup — R&D Enhanced Deductions Unlocked

HK0,000 절감액
  • HKM annual R&D expenditure on AI risk-scoring platform
  • HKM to HKUST research partner qualifies for 300% deduction under s.16B
  • HKM in-house R&D above base amount qualifies for 200% deduction
"The R&D enhanced deduction was transformative for our cash flow. TAX.hk's technical expertise in s.16B is genuinely unmatched."
C
인증된 고객 Case Study
★★★★★ 2,400+ 명 이상의 고객이 저희 팀을 신뢰합니다
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무료 전문가 상담

지금 바로 세무 전문가와 상담하세요

  • 30분 무료 초기 상담
  • 시니어 CPA가 담당합니다
  • 의무 없음 — 언제든 취소 가능
HKICPA 등록 24시간 이내 응답 의무 없음
선택 이유

TAX.hk를 선택하는 이유

홍콩 세무 전문 지식

저희 공인회계사들은 15년 이상의 홍콩 세무 경험을 보유하고 있으며, 세무국의 최신 업데이트를 항상 파악하고 있습니다.

투명한 고정 수수료

시간당 청구로 인한 예상치 못한 비용은 없습니다. 시작 전에 비용을 명확히 안내해 드립니다.

24시간 응답

모든 문의에 1영업일 이내에 답변드립니다. 긴급한 경우 4시간 이내에 처리합니다.

철저한 기밀 유지

모든 고객 정보는 엄격한 직업적 기밀 유지 의무에 따라 관리됩니다.

자주 묻는 질문

자주 묻는 질문

궁금증에 대한 빠른 답변

HK operates a two-tier system. Incorporated entities: 8.25% on the first HK,000,000 of assessable profits, 16.5% above. Unincorporated businesses: 7.5% on the first HKM, 15% above. Only one entity in a connected group benefits from the lower first-tier rate.
Unlike salaries tax (fixed 2 May deadline), profits tax deadlines depend on your accounting year-end: 31 March year-end typically due 2 August (N code), 30 November year-end due 28 February (M code), 31 December year-end due 15 August (D code). Tax representatives can apply for bulk filing extensions.
Section 16B provides 300% deduction for payments to HKSAR-approved research institutions, 200% for in-house R&D expenditure above the base amount, and 100% for qualifying R&D expenditure up to the base amount. Qualifying activities include basic research, applied research, and experimental development conducted in HK.
Yes — under HK's territorial basis (s.14 IRO), only profits arising in or derived from HK are taxable. A successful claim requires demonstrating that profit-generating activities occur outside HK. From 2023, the updated FSIE regime captures passive income previously considered offshore.
No. Entertainment expenses are only 50% deductible under the IRO. Claiming 100% is one of the top IRD audit triggers — it flags your return for selection under the IRAS programme. Entertainment must also be wholly and exclusively incurred in the production of assessable profits.

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