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In Hong Kong, companies that do not operate can report taxes directly, and companies that operate must be accounted for and audited before they can be taxed.
If one of the following is met, it must be accounted for, and the tax will be reported after the audit:
1
Bank account has left a business record
2
Government Customs, Logistics Company has left import and export records
3
The purchase and sale relationship with Hong Kong merchants
4
Employed employees in Hong Kong
5
Allow or authorize the use of patents, trademark designs, etc. in Hong Kong
6
Allow or authorize the use of movable property in Hong Kong to collect rent, rent, etc.
7
Entrusted to sell in Hong Kong
8
Other profits from or generated in Hong Kong
The major banks issue "Commercial Data Survey Forms"
Banks such as HSBC and Hang Seng in Hong Kong issue "Commercial Data Investigation Forms" to their existing bank accounts, aiming to investigate the use of bank accounts by various companies, and require the submission of financial statements such as company financial statements, accounting firm names, company turnover, etc. data. Therefore, companies that have used zero-declaration for Hong Kong taxation for many years have filled in the accounts of previous years. .
CRS Global Tax Information Exchange System
The CRS Global Tax Information Exchange will be implemented in January 2017 and will complete the first round of information exchange in September 2018. For example, a company registered in Hong Kong by a mainlander has a number of deposits on its corporate account. If the company fails to file a tax declaration locally in Hong Kong, the Hong Kong Inland Revenue Department will pass the company information to the State Administration of Taxation, and the shareholders of the Hong Kong enterprise will be required to pay personal income tax in the country.
Choose in Hong Kong
The advantages of tax reporting
There are few taxes in Hong Kong and the tax rate is low. The corporate income tax rate is 16.5%. Hong Kong has no VAT and no invoice concept. Therefore, a form receipt can be used to make accounts, and the company's accounts are adjusted to be loss-making or flat, so as to achieve the purpose of paying less taxes or not paying taxes.
Choose a formal Hong Kong
Accounting Bank Auditing
Select a regular Hong Kong accounting firm to synthesize the actual operation of the Hong Kong company, formulate the company's accounting audit plan, reasonably divide the accounting year, issue a formal accountant audit report, and submit it to the Hong Kong Inland Revenue Department. , complete the tax declaration work.
Provide a formal audit report
Let the tax office have nowhere to be jealous
The accounts of Hong Kong companies must be handled by a Hong Kong Certified Public Accountant approved by the Hong Kong Institute of Certified Public Accountants and an audit report in compliance with Hong Kong tax regulations. After receiving the report, the Hong Kong Inland Revenue Department will generally accept the receipt of the receipt within one week.
Tax planning: an urgent one-week completion, issuing unqualified opinions
How to operate offshore companies in Hong Kong under the CRS background
Consult Chuangyi International senior consultant, professional answer, one-on-one service
Consult nowAutomatic exchange of overseas account information
Overseas account income is registered
If the income is not declared, it will be taxed
Bank account will be frozen
The Hong Kong Inland Revenue Department will impose a fine
Submit a court summons call
Fill in the survey form in time
Proactively contact bank communications
Complete tax timely backup
Company basic information check
Bank Acceptance Verification Backup
According to bank requirements
Sign a contract
Data docking
Reconciliations
Audit Accounts
Sign a report
Finish finalization
Complete the audit
1. Bank e-Statement Statement for Company Account
2, the annual review documents and company charter of the company since its establishment
3, Formal invoices, business contracts, orders from suppliers
4, orders issued by the sales business, proforma invoices or bills of lading.
5, company employee salaries, housing rents, and utility bills.
6. Other bills associated with the company's business.
Precision
1, an accountant accountant
2, an auditor auditing
3, beware of false negatives
4, work quality is guaranteed
Precision
1, according to the account period to enter the quotation
2, no hidden charges
Precision
1, with the basic qualification of the agent to do the account
2, accountant is certified to work
3. Keep customer information confidential
4, Tax Office and Bank Approval
Can audit filings be done recently?
• Can't be late, can't do it in the middle
• Open an account from the middle, you can merge
• No running water can report no business
• 3 years after the annual consecutive year
understand moreHong Kong audit year division?
• by March 31 of each year
• by December 31 of each year
• End on this date
• Other specified dates
understand moreWhat are the audit reports?
• Profit Statement
• Balance Sheet
• Audit Form
• Accountant Audit Opinions
understand moreHong Kong Audit Benefits
• Apply for Tmall International, Amazon Platform
• HKTDC applies for exhibition offers 50%
• Can apply for internal insurance loans
• Hong Kong immigrants, listed in Hong Kong
understand moreWhat are the fines for tax returns?
• The first overdue penalty is 1200HKD
• The second overtime penalty is 3000HKD
• There are no taxable penalties of more than 5000HKD for many years
• Maximum imprisonment for 6 months
understand moreStrong professional team
One-to-one custom service
Professional Quality Assurance
The process is fully transparent
One-stop Hong Kong company services
After-sales service guarantee