Tax Compliance & Advisory

Choosing our boutique service guarantees:

✔ 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.

✔ Cross-border tax returns for companies and individuals.

We stay up-to-date on changes to tax regulations on your behalf to ensure your business remains compliant.

Get ahead of the curve with our personalised service and avoid the time crunch associated with the tax season.

Corporate Profits Tax Returns: We prepare everything you need to file your annual profits tax while taking full advantage of the two-tiered tax rate.

Tax Reporting and Compliance for International Companies: Are you based overseas and have to navigate regulations in multiple countries? We ensure you are compliant while staying ahead of your tax liabilities and double taxation.
Tax Optimisation: Many companies are overpaying their taxes without realising it. We strategically navigate tax requirements to ensure you only pay what is rightfully due.

Individual Tax Filings and Returns: We help you fill out the annual tax return (form BIR60) sent by the IRD, tailoring our service to suit your unique situation.

Employer’s Returns: Our team can handle your documentation for remuneration and pensions paid to employees (form BIR56A).

Do you earn income outside of Hong Kong? You should only pay tax on income earned while in the country.

Berrin Ongun, Director of Shepherd Asia, guides us through how to complete the salaries tax form correctly.

Get in touch to check whether your role qualifies as “non-Hong Kong employment”.

The Two-Tiered Tax Regime introduced lower profits taxes for Hong Kong companies. The first HK$2 million is taxed at a lower 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% for unincorporated and incorporated businesses, respectively.
Hong Kong does not withhold taxes for dividends and interest. However, there is a withholding tax on royalties. The withholding rate depends on several factors, such as where the individual is a resident and tax treaties with the recipient's country of residence.
Offshore income generally is not taxable in Hong Kong. However, there are some exceptions, as the FSIE Regime has introduced some changes over the past few years. Some types of passive income by multinational enterprises are now taxable in Hong Kong, such as interest, equity, dividends, and non-IP disposal gains.