With the passing of the epidemic, international trade has picked up significantly recently. As we all know, Hong Kong is the financial center of Asia, so many traders set up Hong Kong companies in this financial center of Asia. If you set up a Hong Kong company, you need to pay attention to the travel expenses of the Hong Kong company, because the Hong Kong Tax Bureau may pay attention to and verify the travel expenses of the Hong Kong company, and the reply of the Hong Kong company will directly affect the tax risk of the company.

First, we need to collect and sort out the original documents obtained for each business trip according to the place of travel, because the Hong Kong Tax Bureau will first provide the original documents of travel expenses for inspection when making inquiries.

Second, the travel expense reimbursement personnel should be the current employees of the Hong Kong company, or the shareholders and directors of the Hong Kong company. If they are not inside the company, they may be subject to tax risks.

Thirdly, travel expenses incurred also need to have a legitimate commercial purpose.

So it's legal, it's real, it's effective. When the tax bureau checks in order to calmly cope with, reduce tax risk.

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.