Profit Tax Returns in Hong Kong are mandatory for businesses operating as corporations, partnerships, or non-resident entities. The three series of tax return forms cater to Corporations (BIR51),
Persons Other Than Corporations (BIR52), and Non-Resident Persons (BIR54), while supplementary forms (BIRS1 to BIRS18) and additional forms (IR1478 & IR1479) report on preferential regimes, tax incentives, specified foreign-sourced income, and family-owned investment holding vehicles.
Electronic submission of these forms is required from April 2023, with printed Control Lists necessary for paper submissions. Fiscal year-end selection, crucial for tax timing, is flexible but influences profits tax payment schedules. Newly registered businesses typically receive their first return 18 months after commencement, and the annual bulk issue occurs every April. Filing deadlines vary but can be extended under specific schemes, encouraging electronic filing for efficiency.
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To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
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Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Profit Tax Returns in Hong Kong are mandatory for businesses operating as corporations, partnerships, or non-resident entities. The three series of tax return forms cater to Corporations (BIR51),
