Hong Kong Tax Filing Service || Prism Consultancy - Hong Kong Company Registration

HK Tax Filing Service / Tax Declaration A Hong Kong limited company usually needs to file two tax returns each year. - An Employer's Return of Remuneration Pensions to report employees' salaries; - Profit Tax Return to report the profit of the company. The Employer's Return has to be filed in April every year. The fiscal year is fixed from April 1 to March 31 of following year. The employer should complete and file the Employer's Return for each employee in the company irrespective whether the employee rendered service inside or outside of Hong Kong. The first Profit Tax Return will be issued by Inland Revenue Department 18 months after the date of incorporation. The profit tax return will be filed every year afterwards. The company has the right to choose their own financial year. The Profit Tax rate in Hong Kong is 16.5%. If a limited company has no setting in Hong Kong and does not generate business in Hong Kong during the year, the company can apply to offshore claim and has the Profit Tax waived. Upon Inland Revenue Department receives the filed Employer’s Returns, each employee will then be issued an Individual Tax return to report the employment income. The Individual Tax rate in Hong Kong is on progressive rate from 2% -17% or flat rate of 16%. .................................................................. We are professional Immigration firm to assist professionals, families & Individuals to get all kinds of resident visas and HKID cards in Hong Kong. ➫ Websites: ➫ https://www.prismvisas.com/en/?utm_source=youtube&utm_medium=referral&utm_campaign=ytchanneldesc&utm_content=yt03feb2017-2 ➫ https://www.companyincorporation-hongkong.com/?utm_source=youtube&utm_medium=referral&utm_campaign=ytchanneldesc&utm_content=yt03feb2017-2 ➫ Facebook: https://www.facebook.com/HKvisaconsultant/ ➫ Tel: +852-3464-5200 ➫ Wechat: prismvisas ➫ Whatsapp: +852-6073-3208 ➫ email: [email protected] ------------------------------------------------------------------------------ We are proud to say that we are a one stop service provider for you. We provide the following services: ➥Hong Kong visas and HKID cards; ➥Hong Kong company incorporation; ➥Other off-shore jurisdictions; ➥Accounting Services; ➥Auditing ➥Tax filing Services ➥Payroll services .................................................................. If you like this video with Prism, give it a THUMBS UP and COMMENT below! Don't forget to SUBSCRIBE our channel.