Profits tax, one of the three major taxes in Hongkong, is levied on assessable profits (i.e., net profit for a fiscal year) in the year of assessment. Where the business of any trade, profession or business in Hongkong and get all the profits arising in or derived from Hongkong to Hongkong from the trade, profession or business (from the sale of capital assets and profits except) persons, including corporations, partnerships and trust people or groups, are required to pay taxes, no distinction is made between the residents of Hongkong or non Hongkong residents. Therefore, one of the important things that Hongkong companies must do every year is to declare profits tax to the government of the Hongkong.

1, the tax rate

The 17.5%, the government of Hongkong profits tax net profit for the company, for example, a year's gross profit was HK $2 million, net profit of HK $1 million, the company should pay the tax for the year of HK $1000000*0.175=175000. If the company has no business or operating loss for the year, it is not necessary to pay tax.

2, tax returns

According to whether or not to operate in Hongkong, there are two ways to declare goods:

First, do accounts, declare dutiable goods;

Two, zero declaration