Hong Kong – Tax on Holding Company

Hong Kong - Tax on Holding Company

Holding – tax on holding company Tax in Hong Kong

 

XYZ Limited owns (holding):

 

1) ABC Limited
2) DEF Limited

 

Conditions:

 

XYZ Limited – 0 HKD income

 

ABC Limited – 1mil HKD
DEF Limited – 0,5mil HKD

 

income will be taxed only on the company’s level, right, meaning:

 

ABC Limited – 1mil HKD
DEF Limited – 0,5mil HKD

 

NO for:
XYZ Limited – 0 HKD income

 

For:

- Company formation in Hong Kong

- company formation in BVI