Hong Kong is adopting the low and simple tax system, where has attracted many local and foreign enterprises to develop their businesses.
There are only three types of Direct tax levied in Hong Kong, which are Profit tax, Salaries tax and Property tax, while others common indirect taxes such as Value-added tax (VAT), Sales tax and Estate Duty are not imposed.
Whether you are an individual and a business, Auditing and Tax return is a dauting and unforgiving time. Most taxpayers always prolong due to irritating procedures and end up with a penalty.
In fact, if you appoint the appropriate and professional advisor in time, everything will become easier and simple. Also, you will not only avoid the troublesome taxation or delayed penalty, but also received the professional advice which avoid overpaying tax.