AbacusHKCPA - Company Formation and Company Registration by Hong Kong Accountants (HKCPA)

Offshore income claim involves consideration of all facts.

We extracted below cases from the tax department (Inland Revenue Department) to help demonstrating how the rules apply :

There is no single determining factor, but, below will be advantageous :

Having a bank account in HK to receive money is not relevant in most cases.

As the Inland Revenue Department will select some transactions and request all the documents relating to these transactions to be submitted to ensure that all the company's operations are carried out outside HK. Therefore you are recommended to keep all the correspondence for all the transactions e.g. faxes, emails, telephone bills, memos of meetings, purchase orders, sales orders, shipping documents.