Run Your Business Effortlessly in Hong Kong

There are mainly 3 types af tax returns, you need to file to the IRD: Employer’s Return, Profit Tax Return and Individual Tax return.

Each entrepreneur is obligated to file these 3 tax returns each year since the first return is received.

Yes. A board resolution must be drafted and signed by the director(s) of the company and officially filed with the company registry in the country of incorporation.

The new director(s) must provide a copy of their passport, proof of permanent home address, telephone/fax number and email address together with a signed letter stating that they wish to become a director of the company.

If you have formed a HK company, you’ll receive your first Profit Tax Return (PTR) in 18 months after the date of incorporation. Thus you’ll need to well prepare your accounting records and submit your first audit report together with the completed tax return to the IRD.