What to Know About Hong Kong’s Profit Tax Return for New Business Owners
Starting a business in Hong Kong comes with several benefits, one of which is its attractive tax regime. However, understanding and properly filing your Profit Tax Return in Hong Kong is crucial for ensuring that your business complies with tax laws and takes full advantage of tax-saving opportunities. If you're a new business owner, this guide will walk you through the key points you need to know about the Profit Tax Return process and the essential features of Hong Kong’s tax system. Understanding Profit Tax in Hong Kong What is Profit Tax in Hong Kong? Profit tax in Hong Kong is a tax on the profits earned by businesses. It plays a vital role in the business ecosystem, funding essential public services and infrastructure. What makes Hong Kong’s profit tax regime attractive is i...