ABSCPA - Hong Kong Company Incorporation, Offshore Company Formation

Hong Kong adopts a territorial source principle of taxation. Only profits which have a source in Hong Kong are taxable here. Profits sourced elsewhere are not subject to Hong Kong Profits Tax.

Offshore income claim is not automatic. It needs to be applied.

If your business activity is not within and not related to Hong Kong.
It can be done by 2 ways :

• Advance Ruling;
• Tax Filing;

• Item 1, All income (onshore and offshore) report;
• Item 2, Organization chart;
• Item 3, Walk-Through document;

Tax Department feedback takes around 3 months.

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Success Case : No tax in Hong Kong - Offshore operation tax exemption

If you need more advice? Please feel free contact us.