
Tax
In Hong Kong, territorial source principle of taxation is adopted. It means that the profits that are soured in Hong Kong are taxable.
Hong Kong Corporate Tax Compliance Services
We can assist you in:
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Completing and filing Profit Tax Returns
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Preparing the supporting Profits Tax Computation
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Applying for holdover of Provisional Profits Tax
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Lodging objection against profits tax assessments
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Dealing with the Inland Revenue Department in relation to their enquiries
Tax structuring for cross-border investments
We can advise you on how to structure cross-border trade arrangements, and inbound and outbound investments to achieve the highest tax efficiencies.
Contact us for more details about this topic.
Offshore claim
Hong Kong only imposes tax on income which is arising in or derived from Hong Kong? We can assist you in:
- Lodging an offshore claim with the Inland Revenue Department
Gathering the relevant documentary evidence to support the claim
Handling any potential enquiries from the Inland Revenue Department
Restructuring your current operations to enhance your company’s tax efficiency
China and Hong Kong Individual Tax
We can assist you in:
- Personal tax planning reviews
Cross border personal tax planning
Completing and filing HK Employer’s Returns
Completing and filing HK Salaries / PRC Individual Income Tax Returns
Applying for personal assessment in HK
Applying for holdover of HK Provisional Salaries Tax
Lodging objection against HK salaries tax assessments
Dealing with the HK Inland Revenue Department / PRC Tax Bureau in relation to their enquiries
Estimation of taxes payables
M&A Services
We can assist you in:
- Tax due diligence
Tax and financial structuring
Post-transaction services (for example, post-deal integration management and solutions)
Evaluating the manner and financing of mergers and acquisitions to maximise your tax efficiency
Providing tax advice on post merger restructuring and planning
Corporate restructuring
We can advise you on the most favourable form of corporate structure in relation to expanding into foreign markets, identifying the location of your holding company, managing exposure to foreign taxes and duties, managing your right to available tax incentives, and optimising your company’s growth and efficiency.
Contact us for more details about this topic.
Tax Depreciation Review
We can assist you in reviewing your building construction costs or a substantial renovation cost in order to maximum claims or tax deduction.
Contact us for more details about this topic.
Field Audit / Tax Investigation
We can assist you in: -
Advising on the general procedures and implication of an Inland Revenue Department tax audit
Minimizing disruption to your business activities during the tax audit
Conducting an independent review of your existing planning arrangements
Evaluating the implementation status of such plans
Identifying potential issues and problem areas
Assessing the position including a review of the technical arguments and mitigating factors
Formulating a strategy to handle the tax audit
Accompanying you to attend Inland Revenue Department interview and liaising with the case officer thereafter
Preparing and submitting the case for acceptance of the current arrangement or a settlement proposal
Monitoring and following up on the resolution of the case
Health Check
We can assist you in:
- Conducting a review on your operation by reference to the prevailing tax legislation; interpretation and practice notes of the Inland Revenue Department
Identifying the possible tax exposures and the remedial actions to be adopted
Performing a follow up operation review
Advising on an appropriate and tax efficient structure (corporate and personal)
Establishing a systematic approach towards determination of inter company pricing and other charges
Advising on the set up and maintenance of a proper accounting system
