Corporate Tax in Hong Kong SAR

Overview by
Tax Base For Resident and Foreign Companies
Only incomes generated in HK are subjected to taxation (rate of 16.5% and 15% for unincorporated businesses).

Tax Rate

Corporate Income tax 16.5%
Unincorporated business Income tax 15%
Tax Rate For Foreign Companies
Foreign companies are taxed as resident companies.
Capital Gains Taxation
Long term capital gains are not taxed in Hong Kong.
Main Allowable Deductions and Tax Credit
Expenses are deductible.
Other Corporate Taxes
Stamp duties, registration fees for trading activity, taxes on occupation of landed properties.

Country Comparison For Corporate Taxation

  Hong Kong East Asia & Pacific United States Germany
Number of Payments of Taxes per Year 3.0 24.5 11.0 16.0
Time Taken For Administrative Formalities (Hours) 80.0 218.2 187.0 215.0
Total Share of Taxes (% of Profit) 24.1 35.4 46.8 48.2

Source: Doing Business

Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.

Any Comments About This Content? Report It to Us.

Read more See less
Experts Views (1)
  • Trade Financing from Asia

    International trading needs International banking. When banks in some areas of the world are tightening their lending regulations, choose an area of the world where lending is easier!!

    Meridian Partners Limited on 27 Oct 2011 related to Corporate Tax in Hong Kong SAR

Post your content


Post content about Corporate Tax in Hong Kong SAR and you will be listed here to receive requests for offers.

Contact our expert contributor