International Tax

For international businesses with operations in or through Hong Kong, proper tax planning and advice are highly recommended. It has to be noticed here that Hong Kong currently has about 43 double taxation agreements (‘DTAs’) effectively in place. At the same time, Hong Kong is actively negotiating the DTAs with over 14 other countries/territories. Moreover, Tax Information Exchange Agreement with the United States, Denmark, the Faroe Islands, Iceland, Norway, Greenland and Sweden are now in force. Following the above, it is apparent that Hong Kong has opened its door for exchange of information provisions and hence identification of tax risks and exposures has become a necessity.

We can provide tax advice on various tax issues, including but not limited to the following:

Tax Advisory

  • Proposing group holding structure for the purpose of achieving tax efficiency in relevant tax jurisdictions
  • Advising on double income tax treaties, (automatic) exchange of tax information / common reporting standard (CRS) and permanent establishment issues
  • Advising on cross border transactions and related global transfer pricing issues
  • Advising on remuneration package for executives and top management for achieving tax efficiency
  • Preparation of tax equalisation policy and calculations
  • Assisting with governmental tax policies
  • Reviewing relevant tax case law

Tax Compliance

Preparing and filing corporate/individual tax returns and tax computations to meet statutory requirements.

  • Record keeping of company employees
  • Filing of Employer’s Returns
  • Acting as the representatives to handle matters related to profits tax and individual tax, for and on behalf of clients
  • Preparing and filing Profits Tax Returns and Individual Tax Returns
  • Managing and advising the tax-related obligations in Hong Kong, Mainland China and worldwide
  • Lodging objections in writing against the tax assessments issued by the Hong Kong Inland Revenue Department (IRD)
  • Preparing responses to the enquiry letters issued by the IRD on any tax issue

 

Specific questions? We are happy to help you. Contact us

About Us

We all know that the duty to pay tax will always be there. As Hong Kong and Mainland China are emerging markets, sophisticated tax advice in Asia has become increasingly in demand with a view to mitigate the (corporate) income tax in Hong Kong and elsewhere.

Further, as a result of recent pressure from the Organisation for Economic Co-operation and Development (`OECD`), most jurisdictions, including Hong Kong and Mainland China, have decided that Exchange of Information should be part of their tax legal system.

The tax system in Hong Kong is simple but not straight forward. HKWJ Tax Law & Partners Limited is here to assist you with finding the right tax solution for you personally and your companies by means of offering Mainland China and Hong Kong tax services including international tax services. We are also specialised in resolving tax disputes between the Mainland China/Hong Kong tax department (Hong Kong tax office) and clients. In Hong Kong, apart from Hong Kong taxation, we are here to assist you also with your accounting issues and carry out process agent services at the same time.

Contact us

Our People

Willem Jan Hoogland

Partner Get in touch

David Lo

Senior Tax Manager Get in touch

Andy Ma

Accountant Get in touch

Lucas Ting

Tax Adviser Get in touch

Annie Choi

Company Secretary Get in touch

Testimonials

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The Fifth Protocol to the Double Taxation Arrangement between Mainland China and Hong Kong

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