For a company does not need to apply for tax exemption, only Item 1 , Item 2 and Item 3 are required to submit to Hong Kong tax department.

When tax exemption application is required, Item 4 is required as well.

In Item 1 , all income (onshore and offshore) of the taxpayer company should be reported.

In Item 2 , statutory audit is required for every limited companies incorporated in Hong Kong;

In Item 3 , tax payable needs to be calculated according to tax rules in HK;

In Item 4 , at least below 2 document sets are included :

1. Organization chart (Company function structure) showing which function is performed offshore
2. Walk-Through document example of a deal showing how an offshore income business is handled. (please select one of the largest in amount and typical);