Hong Kong has a tax-friendly environment combining a territorial (or ‘source’) system of direct taxes with no capital gains tax, capital transfer tax, inheritance tax or VAT/GST. Direct income taxes in Hong Kong can be divided into profits tax, salaries tax and property tax. The tax year runs from 1 April to 31 March of the following year.

Hong Kong has negotiated a tax treaty network with 45 jurisdictions (at the time of writing), creating more international tax planning opportunities for cross-border investments. Its tax treaties increase Hong Kong’s attractiveness as one of the preferred Asian gateways for foreign investors to enter Mainland China and for Chinese enterprises to access the global market.

Read more about the different tax areas by clicking on the buttons above.

OTHER SWEDCHAM MEMBERS IN THE INDUSTRY
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MORE ON DOING BUSINESS IN HONG KONG

Setting up a Business

Opening a Bank Account

Recruiting and Talent Retention in Hong Kong

Law and the Judicial Sphere