WHAT TO DO WHEN I RECEIVE MY PROFIT TAX RETURN FORM?

Marketing ACCOUNTING & AUDITING

18 months after the date of incorporation of your company, you will receive your first Profit Tax Return Form from the Inland Revenue Department. Here below are 4 important points you should know about that form. 1. Don’t miss the deadline! The deadline for submitting the Profit Tax Return Form is 3 months after the issued date for your first year …

Tax Saving Tip #1: Hong Kong “Carryforward”

Marketing ACCOUNTING & AUDITING

Who likes paying taxes? Nobody. Fortunately, Hong Kong has one of the lowest corporate tax rates in the world. What’s more, there are several unique ways you can save on your company’s tax bill. Being wildly profitable in the first few years of business is often far-fetched with getting your name out there and all the startup costs. Even some …