Severance payments may raise taxation issues under the Hong Kong salaries tax law. Learn how to stay compliant and avoid tax liabilities.
For individual taxpayers in Hong Kong, the BIR60 form is a crucial document that shouldn’t be overlooked. This guide offers a step-by-step walkthrough of the BIR60 form.
Employer’s Return forms, commonly recognised as BIR56A and IR56B in Hong Kong, are crucial documents that require accuracy and timely submission to the Inland Revenue Department (IRD). What are the IR56B and BIR56A forms (Employer’s Return)? Employer’s Return forms act as a testimony to an employee’s and director’s income and benefits over the fiscal year. […]
Every Hong Kong incorporated business, unless having obtained a dormant status from the Hong Kong Companies Registry, must do a financial audit, which is done by someone outside the business. This statutory requirement exists, regardless of the stage or scale of your company or whether your business operations are in Hong Kong or overseas. Auditing […]
