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Hong Kong Profits Tax & Tax Advisory

Hong Kong profits tax returns, IRD liaison and cross-border tax advisory.

Hong Kong taxes profits on a territorial basis. Limited companies generally file an annual profits tax return (for example BIR51) and, where applicable, attach audited financial statements. Timely filing and orderly records help reduce IRD follow-ups and penalty risk.

Tax advisory and filing support

  • Support preparing and filing profits tax returns
  • Practical coordination of IRD queries, assessments and correspondence
  • General guidance on year-ends, extensions and block extension concepts
  • High-level observations for Hong Kong / cross-border structures (general information, not legal advice)

Coordinate with audit and accounting

Clean books and a completed audit make filing smoother. See also our audit, accounting and tax rates reference pages. Always confirm current rates and reliefs with the IRD.

If you have received a return or need a filing timeline, WhatsApp or email our Cheung Sha Wan team.

Frequently asked questions

When must a new Hong Kong company file tax returns?

A Profits Tax return is commonly issued around 18 months after incorporation. Unless an extension is granted, file within the stated deadline. The first accounting period may be up to about 18 months; later periods are usually 12 months.

What tax does a Hong Kong company pay each year?

Trading companies are primarily concerned with Profits Tax (confirm current rates/two-tier rules with IRD). No assessable profits generally means no Profits Tax payable, but filing obligations may still exist.

Who prints Hong Kong company invoices?

Unlike Mainland China fapiao practice, Hong Kong invoices are typically prepared by the company itself and authenticated with company chop/authorised signature.

When is a company’s year-end?

Common year-ends are 31 March or 31 December. The first accounting period can be up to about 18 months.

FAQs — Hong Kong Profits Tax →

Related services

FAQs — Hong Kong Profits Tax →

Related tools: IRD plea / mitigation letterCourt appearance / authorization letter

Draft templates only — not legal advice.

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Talk to our team

Tell us about your Hong Kong or cross-border needs. WhatsApp for a free initial consult, or email info@vclhk.com — no invented prices or bank guarantees, just practical next steps.

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