What is the Hong Kong Withholding Tax?

The territorial taxation regime of Hong Kong, regardless of the residential status of the taxpayers, exempts income earned outside Hong Kong from tax. On the other hand, incomes earned by residents and non-residents within Hong Kong are subjected to tax. Accordingly, a non–resident who participates in trade, profession or business inside Hong Kong will be […]

Hong Kong is particularly a popular choice among foreign investors keen on Asian markets. Its low tax regime, pro-business environment, preferential access to the mainland market and more importantly the fact that Hong Kong is open to 100% foreign ownership are the key tractions for foreign enterprises, investors and entrepreneurs. There are three different types […]

Hong Kong is of course a magnet for international investment with among other things, its low and simple tax structures. This simplicity of taxation also extends to individuals, with personal tax rates starting as low as 2 percent, and capping out at 17%. Add to that no capital gains tax, no tax on overseas income, […]

When you are known as the world’s freest economy for 25 straight years, you will undoubtedly become a hub for ambitious startups wishing to make their stamp on the world. In fact Hong Kong just keeps getting better as a place for startups, as there are now over 3,000 startups in Hong Kong, up 42.8% […]

Being the second freest economy on the planet, Hong Kong has a deserved reputation for being a hub for global big business, connecting the West to the East. What is not so well known however, is that Hong Kong also actively encourages the growth of small to medium enterprises (SMEs), both local and foreign owned. […]