Friday 25 March 2016

Something to Know About Hong Kong company tax filing

Are you worried about settling your hong kong company tax filing  now is the time when you should stop worrying as JV Consultants Limited is there to provide you utmost support and assistance. This agency takes pride in their team of competent professionals who keep on updating themselves with all the latest trends regarding accounting and tax. Even though the tax system in Honk Kong is comparatively simpler than other countries but still there are laws and regulations which every business entity needs to follow to avoid hazards, those companies which are looking for business expansion in Hong Kong would find calculating hong kong company account and audit  really a serious endeavor. You may not understand few terms, may not be aware of few rules so you need to be with efficient professionals who are efficient and experienced.

After all, when it comes to Hong Kong, income tax is something that cannot be avoided. You may have heard rumors like Hong kong is practically having no tax but unfortunately tax is spread everywhere. Compare to other popular expat destinations, income tax rates in Hong Kong is relatively less and you will find taxes like VAT, sales tax and capital gain invisible in Hong Kong scenario. But the salaries tax which is applied to local and overseas investors alike, is seen to be increasing with time . If you are self employed and when you are planning to draw incomes from rental properties you have to pay tax as well. But there are few aspects and factors depending upon which you can claim deductions and allowances, in such situations you will get efficient help from JV Consultants Limited.

Now if you are one of the expats looking for ways to escape your tax burden then Hong Kong is the best place for you. Maintaining and conducting hong kong company account and audit is one difficult endeavor and JV Consultants Limited is here to get you an all inclusive service.

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