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

Advance ruling is a proactive way to seek for certainty from IRD on tax matter.
It aims to minimize the disputes between the IRD and taxpayers.

Tax matters to be ruled on include :

• Whether profits are to be treated as chargeable to Hong Kong profits tax
  1. Trading profits from the purchase and sale of goods;
  2. Profits from a manufacturing business;
  3. Commission income.
• Whether remuneration under certain arrangements is to be treated as chargeable to Hong Kong salaries tax;
• Other ruling.