A business is recommended to conduct a thorough organizational health check-up and period review on its legal and tax aspects every year.
Hong Kong strives to be a leading asset and wealth management hub and attract more funds with favorable taxation.
Certificate of Resident Status (CoR) is a document issued by the Hong Kong Inland Revenue Department (IRD) stating that the applicant, who can be an individual or an entity, is a Hong Kong tax resident under the double tax agreement (DTA) between Hong Kong and a particular foreign tax jurisdiction for a particular calendar year. […]
The Hong Kong fiscal year runs from 1 April to 31 March of the following year. Accounting period for businesses can be departed from the fiscal year. However, the end of the fiscal year comes with the start of the 2022 tax filing season. No matter whether it is your first time to file tax […]