Hong Kong offers significant tax advantages including a simple tax system, low rates of taxation and the opportunity to earn tax-free profits for companies engaging in international business activities.
Profits Tax – charged at the rate of 0% on profits for companies whose business activities take place entirely outside of Hong Kong (see the Offshore Profits Tax Exemption section of this website for further details) and at 16.5% on profits for companies whose business activities take place in Hong Kong.
Salaries Tax – charged at a maximum rate of 15% on an individual’s income from employment in Hong Kong.
Stamp Duty – charged at varying rates on the transfer value of property and shares dependent on the value of the asset being transferred.
In summary Hong Kong is a credible location for international businesses seeking a tax friendly environment without the negative image of their company being incorporated in an offshore tax haven.