Accounting & Tax
Hong Kong
Accounting and tax advisory for your Hong Kong Limited, 100% remote. You see every return before we file it with the IRD, and we keep track of the deadlines for you.
Last updated: 10/2026
Why Hong Kong?
Hong Kong's tax system is territorial: only profits sourced in Hong Kong are taxed. The rate is 8.25% on the first HKD 2 million of profits and 16.5% thereafter (Two-Tiered Profits Tax). The Profits Tax Return must be filed with the Inland Revenue Department (IRD) within one month of receipt. The first financial year can be up to 18 months.
There is no VAT, no capital gains tax, and no withholding tax on dividends. Profits sourced outside Hong Kong may qualify for offshore exemption, subject to IRD review, depending on actual business activity, where contracts are concluded and documentation. This is relevant for personal holdings, e-commerce, agencies, wholesale, trading and other international businesses. Your home country applies its own rules: How much tax is due in the end depends on your residence, place of management and documentation.
Strasia Group Limited is a licensed trust or company service provider in Hong Kong. We handle ongoing bookkeeping, the preparation of the annual financial statements and the filing with the IRD.
The deadlines we track, from the NAR1 annual return to the audit and the profits tax return, are listed with their official sources in our guide to Hong Kong annual return and audit dates.
Which deadlines apply to your company is worked out by our Hong Kong deadline calendar from your incorporation date. Whether Hong Kong fits your business at all is shown in the Hong Kong guide with Fit Check.
What applies to your company in Hong Kong
Our Accounting Process
Ongoing Bookkeeping
OngoingMonthly or quarterly recording of all business transactions. For this we need your bank statements or read access to the account.
Annual Accounts
AnnualPreparation of annual financial statements per HKFRS standards.
Tax Filing & Offshore Claim
AnnualFiling the Profits Tax Return with IRD including offshore claim if applicable. Whether the IRD accepts the claim depends on where the profit-generating work is actually done; we prepare the supporting documents with you.
Employer's Return
AnnualPreparation and filing of the Employer's Return (IR56B) for your employees with the IRD.
No company yet? Set up your Hong Kong company. We can handle incorporation and accounting together.
Frequently Asked Questions
What is an offshore claim?
When is the tax return due?
What software does Strasia Group use?
Does Strasia Group offer Employer's Returns?
Does my HK company need audited accounts?
Can Strasia handle bookkeeping fully remotely?
What penalties apply for late tax filing in Hong Kong?
First call about your accounting
Free initial consultation: 60 minutes, no obligation. We quote our own fees in a written offer before any engagement; government fees are shown separately.
Pathfinder StartWhatsAppCorporate tax compared
Standard rates on the company’s profit
Profits tax, two-tier: 8.25% up to HKD 2 million profit
Corporate income tax, partial exemptions only for qualifying income
on the part above AED 375,000; 0% below it and on qualifying free-zone income
on audited net profit from Labuan trading activity, with substance on site
federal rate for corporations, plus state tax where due; an LLC is taxed differently
15% corporate tax plus solidarity surcharge and trade tax
19% up to EUR 200,000 profit
What you pay yourself depends on where you live and where the company is actually managed. As of 22 Oct 2026, sources: IRD · IRAS · FTA (VAE) · LHDN · IRS · Belastingdienst · impots.gouv.fr
Tax Rates & Compliance Obligations Compared
| Criterion | Hong Kong | Singapore | Dubai | USA | UK |
|---|---|---|---|---|---|
| Corporate Tax | 8.25% / 16.5% | 17% | 9% above AED 375,000 | 21% (corporation) | 19–25% |
| Capital Gains Tax | 0% | 0% | 0% | 0–20% | 10–20% |
| GST / Sales tax / VAT | 0% | 9% | 5% | State-level | 20% |
| Tax Filing Deadline | Depends on financial year end | 30 Nov | 9 months post-FY | 15 Apr | 12 months post-FY |
| Accounting Standard | HKFRS | SFRS | IFRS | US GAAP | IFRS |
Corporate tax rates checked on 22 Oct 2026 (IRD, IRAS, FTA, IRS, GOV.UK); other figures as of 2026, subject to change. Zero rates apply only to the tax named and under conditions. What you pay yourself depends on your residence and the place of management.
Contact our Hong Kong Team
Tell us what it is about: company formation, accounting and tax, or a visa. You will hear from us within one business day.
Strasia Group · Hong Kong
Office
Unit 1005, 10/F, Boss Commercial Centre
28 Ferry Street, Yau Ma Tei
Kowloon, Hong Kong
Send a Message
All fields marked * are required.
Narrow down the right location with the Pathfinder
A first assessment in 2 minutes: which location fits your goals
Select your goals, free and without obligation.
Your data is treated confidentially and never shared with third parties.