Malaysia Hotline: +603- 2141 8908
Under the Hong Kong Inland Revenue Ordinance “Hong
Kong adopts territorial basis for taxing profits derived from a trade,
professional, or business carried on in Hong Kong. Profits Tax is only charged
on profits which arise in or are derived from Hong Kong “. In simple terms this means that a person who
carries on a business in Hong Kong but derives profits from another place is
not required to pay tax in Hong Kong on those profits.
Below are the Hong Kong offshore Income general
requirements
- The Company has no office in Hong Kong
- No employee is in Hong Kong.
- The delivery of the goods are not passed through
Hong Kong
- No goods are stored in Hong Kong
- The company has no bank loan in Hong Kong
- Suppliers and customers are foreign companies
- Contract place must be outside Hong Kong
- The sales details must be matched with purchase
details
- Payments and collections details are clear and
can be traced
- It is advisable for directors not to visit Hong
Kong so often.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my