This chapter aims to provide investors with key concepts and practical explanations on Hong Kong taxation, and guidance on taking advantage of the taxation policy for individuals and enterprises' internal and external investments, in order to formulate a reasonable tax framework. The content covers Introduction of Hong Kong Tax System, Main Tax Types of Hong Kong, Important Subjects of Taxation and Cross-border Taxation in Hong Kong.
Summary of Hong Kong Tax System
Main Tax Types of Hong Kong
Important Subjects of Taxation
- Holdover of Provisional Tax
- Breach of the Duty to Submit Tax Return and Penalty
- Advance Rulings
- Personal Assessment
Cross-border Taxation in Hong Kong
- Avoidance of Double Taxation
- Overseas Taxation Exemption
- The International Taxation for Internal Investment
- The International Taxation for External Investment