Small Business & Hong Kong Corporate Tax
ong Kong corporate tax (profit tax) can be very difficult which is why so many seek our help.
With over 9+ years of experience giving company owners more time to manage their business and less worry in admin work. Populis HK is a small business and we know what’s needed for our own success. That’s why we give you the time, attention, service, and schedules that you demand. We provide accurate information. We listen to you. We respond promptly.
We give honest advice. With each client relationship, we learn about your company at your company. We review your record-keeping systems, your financial statements and tax filings, and your projections for the coming year. We ask the questions so we know the answers when you call us with your questions. We know efficiencies when we see them – and may even recommend changes on the spot to improve your profitability.
We go beyond traditional services to provide proactive solutions and the highest level of service and experience in business advisory services, and corporate tax and accounting.
Hong Kong Corporate Tax
We assist our clients in managing their Hong Kong corporate tax exposure. We can provide comments and suggestions on how to strengthen a proper offshore arrangement. Our tax advisors also assist clients in complying with the relevant local tax rules and regulations in Hong Kong. In summary:
- Profits tax return filing
- Handling profits tax enquiries from the tax authorities
- Lodging objections against the profits tax assessments issued by the tax authorities
- Lodging application for holding over the professional tax charged by the tax authorities
Accounting
As a growing company, it’s always good to have this accounting documentations in place. These obligations also make sure that one keeps proper documentation whenever loans are provided, expenses are incurred or dividends distributed.
We can assist with accounting matters from bookkeeping to auditing:
- Bookkeeping and cash flow report
- Provision of management account
- Provision of accounting reports
- Provision of annual and periodic financial statements
- Provision of payment processing
- Consultation on other accounting matters
Company Registration
The most common type of business entity registered in Hong Kong is a private limited liability company. Limited liability companies have a separate legal personality, limited liability for its owners, strong public perception and an enduring structure; raising capital and transfer of ownership is easier when compared to other business structures such as sole proprietorship and partnership. Foreign business professionals often refer to this type of entity as an offshore company in Hong Kong.
Start With A Free Consultation
We offer a free initial consultation to individuals and businesses.