For assistance, please contact the 24-hour Helpdesk at, Continuing Education, Vocational Training & Elderly Learning, Highlights, Public Participation & Contacts, Accounts of the Government and Government Reports, Public Housing and Subsidised Home Ownership Schemes, Road and Traffic Conditions & Special Arrangements, Vehicle Licence, Registration & Examination, Support for Innovation, Design & Technology, Quality Assurance, Product Standards & Accreditation, Equal Opportunities & Privacy Protection on Employment, Cancellation of Business Registration & Deregistration, Working, Study and other Visa Requirements, Automated Immigration Clearance (e‑Channel) Service for Visitors, Login eTAX Account to view Tax Position and Messages, Open eTAX Account OR Complete eTAX Account Registration Process, Calculate tax liability under Salaries Tax and Personal Assessment, Know more about my Entitlement to Allowance, Pay Tax, Business Registration Fees and Stamp Duty, Purchase Tax Reserve Certificates (TRCs) by Electronic Payment Methods, Board of Review (Inland Revenue Ordinance), Election for Personal Assessment and Claim for Deductions & Allowances, Application for Holdover of Provisional Tax, Notice of Objection / Application for Revision of Assessment, Request for Employer's Return of Remuneration and Pensions, Claim for Exemption from Payment of Fee and Levy under Section 9 of the Business Registration Ordinance, File Property Tax Return for Jointly Owned Properties (BIR57), Calculate Tax Liability under Salaries Tax and Personal Assessment, View eTAX Account, Tax Position and Messages. For Hong Kong company registration you can check www.sinovantage.com You can find the property tax rates applicable to different years of assessment here. How Do You File a Hong Kong Tax Return? Learn more about the different methods of payment. Hey guys, Moving to HK in the future and had a question that I couldn't find an answer to in the forums. IRD will issue Tax … Check out the types of deductions that you might be eligible for under salaries tax and personal assessment. Hong Kong Tax. Tax ID number or Chinese ID card number. You do not apply for it, you get it automatically at the time you register the company. In order to fulfill the requirements of filing profit tax in Hong Kong, you need to know about Hong Kong’s tax year. This means that there are numerous deductions from which your business will be able to benefit. Creating a new corporation. This year KPMG has adopted a “Double-50” approach, including 100 outstanding fintech companies on the list. Tax identification numbers (TINs) Tax identification numbers This section provides an overview of domestic rules in the jurisdictions listed below governing the issuance, structure, use and validity of Tax Identification Numbers ("TIN") or their functional equivalents. 1 December - 31 December : 15 August. In respect of individuals: Hong Kong Identity Card (HKID) number, issued by the Immigration Department under the Registration of Persons Ordinance (Cap 177). Hong Kong’s Tax Year. b. var cnzz_protocol = (("https:" == document.location.protocol) ? " Only use the codes listed in Appendix A. China Tax & Investment Consultants Ltd Clarification was sought from the IRD as to the tax … The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. You can find out how to apply and download the application forms here. Learn more about the recovery actions taken by the Inland Revenue Department. In respect of companies or entities: Business Registration (BR) number, issued by the Inland Revenue Department under the Business Registration Ordinance (Cap 310), See the source of above information from OECD website : [Read-HK], See the information for TIN in China: [Read-China], Our Company has been in business since 1993. When to File Tax Returns; Completion of Profits Tax Returns and the Supplementary Forms; Electronic Filing of Profits Tax Return; Profits Tax Return - Fair Value Accounting; What you need to know as: First Time Taxpayer; Self-Employed (a sole proprietor or a partner of a partnership business) Employers; Property Owner; Non-resident Entertainer / Sportsman in Hong Kong… Hong Kong has an Already Low 16.5% Corporate Tax First off, the taxes in Hong Kong are already low. Tax File Number in Hong Kong? You can also file the return electronically by opening a personal … A tax file number (TFN) is a unique identifier issued by the Australian Taxation Office (ATO) to each taxpaying entity — an individual, company, superannuation fund, partnership, or trust. It is also commonly known in Malay as Nombor Rujukan Cukai Pendapatan or No. You will often be able to receive a full tax … If a business earns income as part of … Find out how to make supplements to or rectify errors in paper tax returns already submitted. その主な用途から、マイナンバーは、海外の納税者番号(納税者登録番号)やTIN(Taxpayer Identification Number)、Tax IDと同じ意味になります。日本の法人にも個人のマイナンバーと同じ意味の13桁「法人番号」が割り振られてい State Administration of Taxation . Hong Kong identity card (HKID) number. 43) [For applications filed No income tax is levied if this source is earned outside its borders. Every business operating in Hong Kong requires a Hong Kong business registration number (BRN). It's yours for life. You can also download forms here. All rights reserved. Single tax registration (RUT) Dirección de Impuestos y Aduanas Nacionales. An Income Tax Number or Tax Reference Number is an unique identifying number used for tax purposes in Malaysia. https://" : " http://");document.write(unescape("%3Cspan id='cnzz_stat_icon_1256883720'%3E%3C/span%3E%3Cscript src='" + cnzz_protocol + "s11.cnzz.com/z_stat.php%3Fid%3D1256883720%26show%3Dpic' type='text/javascript'%3E%3C/script%3E")); China Tax & Investment Consultants Ltd Compare this to most “first world” nations that are in the 30% and up range, Hong Kong isn’t too shabby right out of the box. In 2018, the tax rate for the first year of assessment was lowered to help reduce the taxpaying burdens for SMEs. Object against an Assessment & Apply for Holding Over of Provisional Tax, Notice: This form is NOT intended for handling enquiries or complaints. Under Article 108 of the Basic Law of Hong Kong, the taxation system in Hong Kong is independent of, and different from, the taxation system in mainland China.In addition, under Article 106 of the Hong Kong Basic Law, Hong Kong enjoys independent public finance, and no tax revenue is handed over to the Central Government in China. A second citizenship can result from a number of different circumstances for other countries, such as an application, the place of birth, family birth connections (such as a grandparent born there), marriage or extended residency. The tax year is in a fiscal year starting in April, not the typical calendar year from January to December. Any local profit that arises from a business or trade in Hong Kong is liable for profit tax, payable to the Inland Revenue Ordinance (IRO) of Hong Kong. Tax Return Filing, Enquiry & Payment . Generally, the recipient's country for tax and mailing purposes will be the same. Copyright 2000-2014. You can settle your tax, stamp duty payment and purchase Tax Reserve Certificates electronically via the Internet, by phone or ATM. Taxpayers with an AGI (Adjusted Gross Income) within a specified threshold can electronically file their tax return for free using Free File. You can download a form here. ...... [More], Notice of Copyright Filing of profits tax returns which are issued in bulk in early April: Accounting year end dates : Deadline. Colombia. Additionally, tax incentives have been introduced to increase Hong Kong’s competitiveness and strengthen its position as an investment destination in the Asia-Pacific region. The key features of Hong Kong’s salary tax are as follows: only profits which arise in or derived from Hong Kong are subject to tax in Hong Kong. Know more about the consequences of not paying tax on time. Approximately 18 months after the incorporation of the company in Hong Kong, you will receive the first tax … Profits Tax for the Self-Employed. Such "TIN" is NOT used as a tax identifier of Hong Kong tax resident and therefore should not be provided for automatic exchange of … Tax Identification Number (Identifikationsnummer) 99999999999 (11 characters) Tax Assessment or ID Number letter: Greece: CPR Number: 999999999 (9 characters) Tax Completeness Status Document, Tax Refund Status Document or Certificate of issued TIN: Hong Kong: HK ID Number: A9999999(9/A) (8 characters) ID Card: India: Permanent Account Number … The "TIN" shown on the Tax Return-Individuals and related Notice of Assessment is solely for login onto "eTAX" account and access to the e-services provided by the Inland Revenue Department. ...... [More]. You can find out more about these methods. This documents shows that the company is valid and registered within the Inland Revenue Department. You will also need to provide certified copies of documents to prove your identity. This number is issued by the Inland Revenue Department (IRD) before a work location can be set up. Enter the three-letter code for the country in which the recipient is a resident for tax purposes. You can settle your tax payment from overseas. The RVD then publishes their findings on their website. … The Inland Revenue Department may not recognize as visits periods spent in Hong Kong (SAR) where the individual is based in or has a place of residence in Hong Kong (SAR) (regardless of the actual number of days spent in Hong Kong (SAR)). (b) # is the check digit which has 11 possible values from 0 to 9 and A . and Shanghai. Hong Kong’s corporate tax system, or profits tax as it commonly referred to, follows a territorial and flat-rate principle. There is no capital gains tax, withholding tax on dividends, or GST/VAT in Hong Kong… Driving … For salary earners - the full name and Business Registration number of your present employer if known. For example: an individual who resides in Hong Kong and is employed under “non-Hong Kong Employment” leaves Hong Kong frequently to work at an office location in Shenzhen at 9:00 a.m. and return to Hong Kong on the … Download and complete Tax file number – application or enquiry for individuals living outside Australia (PDF, 339KB) This link will download a file. Hong Kong Inland Revenue Department (the IRD) does not issue TIN for communication with the taxpayer. Property Tax. These sums are the estimated taxable income on the basis of which the property tax … When two or more corporations merge and create a new corporation, we may issue a new business number … In Australia in order to work we need to pay tax. The areas of our China operations Road Network & Facilities. Disclaimer As per the Inland Revenue Ordinance(IRO), it is levied on the “assessable profits” of legal persons whether it is a sole proprietorship, corporations, partnerships, trustees or persons carrying on any trade, profession or business in Hong Kong. Stamp Duty. 1 January - 31 March : 15 November. オーストラリア税務局が発行する納税者番号をTax File Number (TFN) といい、オーストラリアで就業される方は必ず取っておいた方が良いでしょう。オンラインでタックスファイルナンバーを申請する方法をスクリーンショットを使って解説します。 It is an 8-digit sequence at the front of your BR certificate number (e.g. Hong Kong Tax Income that arises in or is derived from Hong Kong via employment, office or pension are subject to Hong Kong Salaries Tax. In Hong Kong, that would be the Business Registration number. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The Company shall not accept any responsibilities for any loss or damage Hong Kong. IMPORTANT DEADLINES ON PROFITS TAX FILING IN HONG KONG . In so doing, … You do not apply for it, you get it automatically at the time you register the company. Find everything you need to know about holding-over of provisional tax. Reproduction, adaptation, distribution, dissemination or making available of The salaries tax rate in Hong Kong stands between 2% and 17%, while the profit tax rate for corporations accounts for 8.25% … Don't send us your original documents as they may not be returned to you. India. Road and Traffic Conditions & Special Arrangements. The list is found in Appendix A of Guide T4061, NR4 - Non-Residents Tax Withholding, Remitting, and Reporting. Only three direct taxes are imposed and there are generous allowances and deductions which can reduce your taxable amount. A tax file number (TFN) is a unique identifier issued by the Australian Taxation Office (ATO) to each taxpaying entity — an individual, company, superannuation fund, partnership, or trust. 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