Withholding Tax in Hong Kong

Withholding tax generally refers to income tax paid to the government by the payer of the income instead of the recipient of the income. As implied by its name, the tax is withheld or deducted from the payment made to the recipient. Which Payments are Subject to Withholding Tax in Hong Kong? Royalty / licence fee made to a non-Hong Kong resident for […]


Two-Tiered Profits Tax Rates in Hong Kong

Recently, a new main feature of the Hong Kong has system has been introduced. It is a tax incentive called the two-tiered profits tax rates. The two-tiered profits tax rates regime applies to corporations and unincorporated businesses (i.e. sole proprietorship and partnership businesses) by lowering the tax rates for the first HKD 2 million of […]

Tax Representative & Tax Agent

The roles and duties of a tax representative and a tax agent vary in different countries and different terms are used. Generally,  a tax representative operates as the client’s company and the tax agent operates representing its own name, Nevertheless, both operate on behalf of the client’s company and can discharge the assigned legal duties. […]

Tax Planning in Hong Kong, Mainland China & Asia

Tax planning is relevant for individuals and companies alike who wish to mitigate tax liabilities as well as plan ahead for the payment of those. Tax planning is also a relevant facet of estate planning. Let’s discuss 3 common tax planning areas in depth. Hong Kong Tax Planning For Hong Kong companies with full substance/operations/proper […]