08/03/2016
0% CORPORATE TAX - Switch your business to Hong Kong to eliminate your tax burden!
Hong Kong is an ideal place for opening an offshore business for one very big reason: Profits derived outside of Hong Kong is taxed at 0% while business sourced in Hong Kong is taxed at a flat 16.5%.
In other words, if you operate your offshore HK company internationally, you can eliminate substantial or even all of your tax burden.
TAX RATE
Tax rate for corporations: 16.5%
Tax rate on capital gains: 0%
Tax rate on shareholder dividends: 0%
Tax rate on foreign-sourced income: 0%
What’s more benefits?
- There is no capital gains tax in Hong Kong.
- Dividend income is not taxable. Dividends paid to either a resident or non-resident of Hong Kong are not subject to any withholding tax.
- The ease of submitting tax returns. Many people complete their tax returns themselves and you can even submit them online.
- Establishing a Hong Kong company is cheap and easy.
- Hong Kong is one of the least corrupt countries in the world, it ranks no.17 in 2014.
- English is one of the official languages in Hong Kong and is easy to communicate.
- Hong Kong has a world class business infrastructure
- Hong Kong has always been regarded as a business gateway to Mainland China.
Contact our incorporation expert today to learn more about switching your business to Hong Kong!