With regard to the Hong Kong Inland Revenue Department's double taxation relief policy, a double taxation situation arises when two or more tax jurisdictions have both tax jurisdiction and tax the same income of the client Hong Kong company.

The Hong Kong Inland Revenue Department adopts the territorial source taxation principle. Hong Kong residents are taxed only on income originating in Hong Kong. Income originating outside Hong Kong is generally not taxed in Hong Kong. Therefore, in general, Hong Kong residents are not subject to double taxation. Although many tax jurisdictions tax their residents globally, they also provide a unilateral tax credit to their residents if they carry on business in Hong Kong and pay taxes in Hong Kong on income earned in Hong Kong.

The double Taxation relief policy of the Hong Kong Inland Revenue Department is to establish a comprehensive double taxation avoidance agreement to reduce the incidence of double taxation for Hong Kong residents and residents of the countries or territories under the agreement.

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