The Hong Kong Inland Revenue Department or simply the Hong Kong Tax Authority (“IRD”) has now issued individual (salaries) tax returns for the tax year 2022/23 (yes, that green envelope) for completion.
In this article, we’ll explore how ESOPs work in Hong Kong, the tax implications of ESOPs, and how to set up an ESOP for your business.
Tax evasion can lead to severe consequences, so it is important to understand tax evasion and how to be compliant with tax laws.
The Hong Kong government plans to introduce a new tax scheme called the Tax Certainty Enhancement Scheme (“the Enhancement Scheme”), to enhance Hong Kong’s attractiveness as an international investment and business hub.
