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If you have a company in Hong Kong, and you would like to specify the business nature, you will need to file an IRBR200.

Your Hong Kong company might be asked to pay the Profit Tax Return however if you would like to request the Inland Revenue Department (IRD) for the tax exemption status, you should follow up these steps:

Every Hong Kong company must file the PTR (Profit Tax Return). Here is a case study regarding the PTR.

Once you set up your company in Hong Kong or any other offshore jurisdiction, you might be asked for the Proof of the address as Part of the Due Diligence:

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 ...