Even though you are the sole owner of your business, if you need to make an amendment on your company bank account. You still have to go through a series of procedure with your bank. The reasons you need to amend your company bank account probably there is a change as below: How to arrange …
Monthly Archives: July 2023
CAN DONATIONS BE TAX DEDUCTIBLE IN HONG KONG?
Donations to tax-exempt charities or to Government for charitable proposes is tax deductible. The amount can deduct from your net assessable income or assessable profits. Thus, a qualified donations is tax deductible for both an individual or a company. Eligibility for Deduction You may claim a deduction for a donation of money to any approved …
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Hong Kong Stamp Duty – Stamping of Tenancy Agreement (2)
Previously, Centre O talked about what is stamp duty and how to submit the stamp duty. In this blog, Centre O is going to talk about the duty rates, penalty and show you how to calculate the stamp duty. Duty Rates Stamp duty on tenancy agreements is calculated at rates. And the rate is vary …
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