The latest from China & Hong Kong

The Hong Kong social insurance system’s primary objective is to address the fundamental and specific needs of community members requiring...

Hong Kong applies the same tax rules to resident and non-resident businesses. Both are required to pay taxes on profits earned in or...

The Inland Revenue (Amendment) (No. 6) Ordinance 2018 establishes a robust transfer pricing regime in Hong Kong. This ordinance codifies transfer pricing principles, implements measures under the Base Erosion and Profit Shifting (BEPS) package, and aligns Hong Kong's tax regulations with international standards. Fundamental Transfer Pricing Rules (FTPR) The Amendment Ordinance introduces fundamental transfer pricing rules (FTPR) based on the arm’s length principle. These rule

Nestled amidst the bustling streets and towering skyscrapers of Hong Kong lies a beacon of economic freedom and opportunity. For over two...

Individuals in Hong Kong are subject to salaries tax on their earnings, with rates varying from two percent to a maximum of 17 percent...

Property tax in Hong Kong is a crucial aspect of financial management for property owners, with implications for both individuals and...

In the dynamic business landscape of Hong Kong, understanding the intricacies of profits tax is essential for financial planning and...

In the bustling financial hub of Hong Kong, understanding the intricate web of audit and financial reporting requirements is paramount...

With some of the lowest corporate and personal tax rates in the world, Hong Kong is an attractive destination for foreign executives....

With the intention of supporting international efforts in combating cross-border tax evasion and preventing double non-taxation, Hong...

The Hong Kong tax authorities have decided to strengthen current legislation to better combat cross-border tax avoidance arising from...

Foreign investors in China are no longer required to present a separate tax record filing for each outbound remittance as long as they...