Nov 21 2012
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