Hong Kong tax

Our China and Hong Kong tax specialists provide the full range of services required for a wide variety of local and international companies which operate in the Mainland and Hong Kong. Hong Kong, as a Special Administrative Region of China, is governed by separate tax laws from the Mainland. Our experts are able to advise on taxes / regulations for both jurisdictions.

Our services 

Private wealth tax planning service

We work with high net worth (“HNW”) individuals to provide advice on tax planning.

Corporate tax advisory services

We can advise you on the increasing risk to your company due to the changing tax environment, by managing your tax planning in an efficient manner, or implementing your organizational change in a tax efficient manner. We can also deliver tailor-made advice in the field of structured finance, strategy on tax litigations, real estate transactions and tax structuring on M&A assignments to minimize both China and Hong Kong taxes. With our international expertise, we will also take account of your position in other countries and take a global view. We can help you reduce your group tax burden through tax efficient structuring and overhead allocation.

Corporate Tax Compliance Services

Filing a tax return correctly and on time can be a time consuming task. Our tax advisers can take care of all your tax returns, from corporate income tax returns, employer’s returns of employees’ remuneration to turnover tax returns etc. Our services include the preparation of the tax returns and the supporting tax computations. Our function is to consider significant points of principle, to point out where tax savings can be made and to monitor compliance with statutory filing requirements.

International Tax Advisory Services

We can help you through your cross-border merger or acquisition, support your international financing operations, or help you set up your new operation overseas. We are able to advise companies making acquisitions on the most appropriate group structure and the best domicile for group companies. We always deliver the most practical and cost perspective solutions which take into account all types of tax.

Assistance with tax audits and back duty investigations

We have specialists in back duty investigations and tax audits who can advise you and liaise with the tax authorities on your behalf to ensure that the back tax assessed and penalties are kept to a minimum. Our tax teams help clients prepare for the tax authorities’ audits by performing an independent tax audit on their behalf. This enables them to deal with any discrepancies at an early stage and highlight potential problems. At the end of the audit we make recommendations on any areas where tax planning could be implemented to reduce future liabilities.

Expatriate tax services

Trade globalization is setting a new trend for international companies. However, international firms have to map out a well-considered cross-border employment policy. For international mobility of employment, the expatriation must be prepared in a careful manner, sufficiently in advance, and complying with regulations to managing risks.  The Forvis Mazars Expatriate Desk offers expertise in various areas. Our extensive service package offers: 

• Consultancy on tax efficient remuneration package and special expatriate planning - meeting the needs of your business while being cost-efficient
• Consultancy on social security coverage during an assignment or cross-border commuter situation, including the application for a certificate of coverage
• Consultancy on foreign pension schemes and (international) stock option schemes
• Preparation of personal income tax returns
• Consultancy on residence applications and work permits
• International payroll services

It is essential for the employer and employee to come up with the most appropriate solution for local regulation while taking into account the employee’s personal profile.