Companies in Hong Kong
Hong Kong imposes an income tax of 16.5% on profits from transactions concluded in Hong Kong. A company that operates in Hong Kong, but makes profits elsewhere, does not have to pay income tax in Hong Kong. No capital gains tax, dividends or interest are paid.
There is a tax of 16.5% on profits obtained on the territory of Hong Kong. However, a company operating in Hong Kong, but achieving profits outside its territory is not subject to income tax, which means 0% of income tax.
Taxes in Hong Kong:
- Income tax on non-HK activities 0%
- VAT tax 0%
- Type of company: Private Limited
- The minimum national flat fee per year: 350 US $
- Taxation of foreign revenues: No
- Filing a tax return: Yes
- Standard repaid minimum capital: 1 HK $
- Standard share capital: 1,000 KK $
- Minimum number of directors: 1
- A widely available register of company’s presidents:Yes
- Minimum number of shareholders: 1