Hong Kong Taxation

Hong Kong has one of the most tax-friendly economies in the world. The city only imposes three direct taxes and has generous allowances and deductions which reduce your taxable amount.

China Taxation

In the current tax system, China’s taxation includes taxation on turnover (including value added tax, consumption tax, business tax and customs duty), taxation on profits/income (including corporate income tax for enterprises with foreign investment and foreign enterprises, and individual income tax), taxation on property and deeds (including real estate tax, contract tax and stamp duty), and taxation on natural resources (including resources tax), which are respectively in relation to different objects of taxation.