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Do Hong Kong companies need to pay tax on overseas profits?

Released Date: Jul 08,2021 Article Source: HUANZE

 It is often said that Hong Kong companies don't have to pay tax on their overseas earnings. Is that true?

       

       It is often said that Hong Kong companies don't have to pay tax on their overseas earnings. Is that true?
       Yes, profits made by Hong Kong companies outside Hong Kong are called offshore profits or offshore profits. As long as the business income of your Hong Kong company does not come from Hong Kong and your Hong Kong company does not occupy the resources of Hong Kong, your Hong Kong company does not matter what it earns1Hundred million yuan10A: The Hong Kong Inland Revenue Department will not tax your Hong Kong company. Because there is no global tax in Hong Kong.

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