Accounting & Tax
First Profits Tax Return for a Hong Kong Company
A newly incorporated Hong Kong company gets its first Profits Tax Return about 18 months in, with 3 months to file audited accounts or face a $10,000 fine.
Two-tiered profits tax, filing deadlines, audit requirements — the accounting and tax obligations every Hong Kong company and sole proprietor faces each year.
2 articlesA newly incorporated Hong Kong company gets its first Profits Tax Return about 18 months in, with 3 months to file audited accounts or face a $10,000 fine.
Running an unlimited company means no annual audit, but tax returns still come due. This guide covers the filing timeline, documents, and tax rates.
