The corporate tax rate in Hong Kong is 16.5%. There are no dividend or withholding tax on dividend paid to shareholders.
Choosing the right fiscal year end date provide a company both operational and tax advantages. Most companies in Hong Kong choose to fix its fiscal year end date at the end of the calendar year, 31 Dec or set on 31 Mar in order to align with the Hong Kong government’s fiscal and financial year. Read more
Hong Kong adopts a territorial source principle of taxation. Only income which have a source in Hong Kong are taxable here. Offshore income earned outside of Hong Kong are not subject to Hong Kong Tax. Offshore income tax exemption is not automatically granted, official application is required.