Corporate Tax Compliance & Accounting Services in Hong Kong

Our corporate tax compliance services help businesses comply with Hong Kong’s tax laws while protecting them from potential risks and penalties. With our personalized approach, Shepherd Asia concentrates on compliance, and when specialist input is needed, we work closely with trusted partners in tax advisory services in Hong Kong to support more complex planning.

Beyond Compliance: Maximizing Tax Efficiencies

More than just meeting deadlines, managing taxes is about making the most of available structures and incentives. Our boutique firm focuses on tax compliance services, helping you navigate HK’s tax system with assurance.

Choosing our service means:

✔ Efficient tax management for your organisation

✔ Staying ahead of deadlines throughout the year

✔ Hong Kong Profits Tax Computation and Returns

✔ Tax reliefs and exemptions based on your business structure

✔ Support throughout potential Inland Revenue Department (IRD) disputes

We stay up-to-date on regulatory changes on your behalf so your business remains compliant. By integrating our personalised accounting and tax services in Hong Kong, you have a single partner for routine compliance, with access to trusted advisors coordinated by our team whenever specialist input is required.

Corporate Tax Compliance Services in Hong Kong

Hong Kong’s competitive tax regime requires businesses to stay compliant with IRD obligations, including profits tax returns, employers’ returns, and individual filings. Our corporate tax compliance services ensure that incorporated and unincorporated businesses alike meet these requirements while minimizing risks.

For incorporated companies, this means filing accurate audited accounts and adhering to statutory reporting deadlines. For smaller businesses and partnerships, compliance includes managing simplified filings while still maintaining accuracy.

Failing to comply can result in penalties, IRD investigations, or costly disputes. By working with Shepherd Asia, you benefit from structured processes and reliable certified public accountant (CPA) partnerships. Our corporate tax compliance services are designed to safeguard your company’s reputation, maintain good standing with the IRD, and reduce exposure to unnecessary financial risks.

Our Tax and Accounting Services in Hong Kong

Here at Shepherd Asia, we provide integrated tax and accounting services in Hong Kong with a strong focus on compliance. We work with clients ranging from startups to multinational companies, tailoring our approach to meet their unique circumstances

Our service areas include:

Corporate Profits Tax Returns: We prepare everything you need to file your annual profits tax while taking full advantage of Hong Kong’s two-tiered tax rate.
Tax Reporting and Compliance for International Companies: If you are based overseas and must navigate regulations in multiple jurisdictions, we help you remain compliant while staying ahead of tax liabilities and double taxation.
Tax Optimization: Many companies overpay their taxes without realizing it. With the help of our experts, you can be sure that you only pay what is rightfully due.

Individual Tax Filings and Returns (BIR60): We assist individuals with completing their annual IRD return, tailoring our service to each unique situation.
Employer’s Returns (BIR56A): Our team manages documentation for remuneration and pensions paid to employees.
Support with IRD Inquiries: We assist businesses in preparing responses and documentation when the IRD requests additional information.

Sign up with Shepherd Asia for a personalised approach to tax matters. Through our combined accounting and tax services, we help optimize your financial efficiency while keeping your business compliant in Hong Kong.

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Industry-Specific Tax Compliance Services in HK

Every industry faces different challenges, and our tax compliance services in HK are designed to address these specific needs.Choosing our service means:

Startups and SMEs: New businesses often need guidance on deductions, expense categorization, and staying on top of their initial IRD requirements. Timely filings help them build a solid compliance record from the beginning.
Sector-specific businesses: Industries such as insurance, shipping, aviation, and clubs or trade associations are subject to special provisions under the Inland Revenue Ordinance. These rules affect how profits are assessed and reported, requiring careful attention.

With our corporate tax compliance services, we provide sector-specific support that helps businesses remain compliant with Hong Kong regulations while reducing risks and promoting sustainable growth.

Why Choose Our Tax and Accounting Services in Hong Kong

Businesses in Hong Kong need a partner who can simplify complex tax rules and provide reliable guidance. Shepherd Asia delivers accounting and tax services that integrate compliance and efficiency, giving you transparency and peace of mind throughout the year.

Compliance Timeline and Deadlines

We help clients stay ahead of Hong Kong’s tax calendar, from profits tax deadlines to employers’ returns and annual filings. Our corporate tax compliance services ensure documents are prepared accurately and submitted on time, avoiding last-minute stress.

Technology and Systems Used

We utilize cloud-based accounting platforms and streamlined systems to improve accuracy and transparency. This integration of technology supports efficient tax and accounting services and provides you with real-time visibility into your financial obligations in Hong Kong.

Team Expertise and Qualifications

Shepherd Asia is a registered Trust and Company Service Provider and partners with qualified CPAs to provide professional guidance. Our team brings both international insight and local knowledge, centering on compliance while also facilitating access to external specialists for tax advisory services in Hong Kong when required.

Trusted by Businesses Across Hong Kong

Clients value Shepherd Asia for handling practical needs like setting up new accounting systems, training staff, preparing audited financial statements, and managing corporate registrations. Others highlight our assistance with bank account opening, visa applications, and ongoing audit coordination, which are areas where professional guidance is essential for compliance in Hong Kong.

Feedback consistently points to our proactive reminders and professional approach. By combining technical expertise with responsive support, Shepherd Asia has become a reliable choice for companies in Hong Kong that need accounting and corporate tax compliance services they can depend on year after year.

Reporting Salaries Tax: How to Complete Form BIR60

Tax compliance in Hong Kong also extends to salaries tax, which applies to individuals earning income locally. If part of your income is sourced overseas, only the portion earned in Hong Kong is generally taxable.

Berrin Ongun, Director of Shepherd Asia, explains how to complete the salaries tax form (BIR60) correctly.

Get in touch with our team to confirm whether your role qualifies as “non-Hong Kong employment”.

Frequently Asked Questions

The two-tiered tax regime introduced lower profits taxes for Hong Kong companies. The first HK$2 million is taxed at a reduced rate of 7.5% for unincorporated businesses and 8.25% for incorporated businesses. Profits above HK$2 million are taxed at 15% and 16.5%, respectively. Through our corporate tax compliance services, Shepherd Asia helps companies to prepare accurate computations and apply the correct rates when filing with the IRD.
Hong Kong does not withhold taxes for dividends and interest. However, royalties may be subject to withholding tax, depending on residency status and applicable treaties. Shepherd Asia provides compliance support by working alongside trusted tax advisory services experts, giving our clients the guidance needed to review these arrangements and avoid unexpected liabilities.
Offshore income is generally not taxable in Hong Kong. However, the FSIE Regime has introduced changes over the past few years affecting certain types of passive income, including interest, dividends, and non-IP disposal gains. With our tax and accounting services in Hong Kong, Shepherd Asia works with clients to determine whether income qualifies as offshore and how the updated rules apply in practice.