Tax Filing & IRD

Tax & Compliance

Profits Tax, Salaries Tax, Employer Returns, and IRD correspondence — filed accurately and on time.

Service Overview

Tax & Compliance

HK's territorial tax system is relatively simple but strictly enforced. The IRD issues returns on a fixed schedule — late filing attracts penalties. BNH manages your full tax filing obligations and IRD correspondence.

What We Cover

Profits Tax return
Tax computation
Salaries Tax notifications (IR56G)
Employer Returns (IR56B/F/E)
IRD correspondence management
Objection & holdover applications
Offshore income claims
BR compliance
How We Work

Our Process

01
Tax Assessment
We review your records and assess Profits Tax, Salaries Tax, and other filing obligations.
02
Tax Computation
Prepare Profits Tax computation from audited financials. Identify deductibles and potential offshore income claims.
03
Filing
Submit all returns to the IRD by applicable deadlines — Profits Tax, Employer Returns, and Salaries Tax notifications.
04
IRD Correspondence
Handle all IRD queries, supplementary returns, and field audit requests on your behalf.
05
Ongoing Review
Review IRD assessments for errors and file objections where appropriate.
Who It's For

Is This Right for You?

All HK Companies
Every HK company must file a Profits Tax return annually.
Employers
Companies employing staff in HK must file an Employer Return for each employee.
Companies with Offshore Income
Companies earning revenue outside HK may qualify for offshore income tax exemption.
Companies Under IRD Review
Businesses facing IRD field audits who need professional representation.
FAQs

Frequently Asked Questions

When will my company receive its first Profits Tax return?
The IRD typically issues the first return approximately 18 months after incorporation. We track your filing schedule and manage all returns.
What is an offshore income claim?
If your HK company earns all revenue from outside HK, you may apply for offshore income tax exemption. We assess eligibility and prepare the full claim.
What happens if I miss a filing deadline?
Late filing automatically attracts a surcharge and may result in an estimated assessment. We proactively manage all filing deadlines.
Does HK have a general anti-avoidance rule?
Yes — Section 61A of the IRO gives the IRD broad powers to counteract arrangements lacking commercial substance primarily entered into for tax benefit.
Get Started

Ready to Get Started?

Our consultants will guide you — no obligation consultation.

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