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Double Taxation Agreements(DTAs) in Hong Kong prevent double taxation and fiscal evasion, and foster cooperation between Hong Kong and other international tax administrations by enforcing their respective tax laws.  Only residents of Hong Kong or the other DTA jurisdiction will be affected by a DTA.

Hong Kong Inland Revenue Department: Profits Tax Return updates for Hong Kong Limited Company

For a non-Hong Kong company, i.e. company that is incorporated outside Hong Kong, which likes to set up a Hong Kong branch, below please find relevant information:

The Business Registration Certificate (BRC) is due for renewal around 1 month before and after it is expired. The current business registration fee is HKD450 (USD60) per annum. Late renewal will cause a penalty of HKD300 (USD40). Further delay will result in court proceeding and extra fine.

An Annual Return is required to be filed within 42 days 1 year after incorporation date together with the payment of a statutory filing fee of HKD105 (USD14).

Approximately 1 month before your Business Registration Certificate (BRC) expires, the Business Registration Office will issue a business registration renewal demand note and will send it to you. Before you decide not to pay the Business Registration Certificate renewal fee (HK$2,250), you should know what the ...

Good News! Company Registry has launched new search functions on the Company Search Mobile Service (CSMS).

Failure to apply for Business Registration on time

If your Hong Kong company is successfully incorporated, you will know capital share can be regarded as unpaid upon incorporation. However, here is a tip if you would like to pay up the capital after incorporation.

Companies Ordinance (CO) has been modified, keeping and use of common seal has became optional.