Taxation Types of Income Taxes in Hong Kong Instead of a single unified income tax, three separate income taxes are levied in Hong Kong – profits tax, property tax, and salaries tax. More details are available on the government’s website. Profits Tax Levied on non-corporate professional, trade or business income at a flat rate of 15% …
Bank Account Opening You will need to open a local bank account for your payroll. In general, you will need to provide the following supporting documents when you open an account: Hong Kong Identity Card (preferable; click here for HKID card application details) or passport/travel document Proof of your permanent address in your country of …
Banking & Finance As a leading international financial centre, Hong Kong is an open market with a free flow of capital, low and simple tax regime and a wide variety of financial products. Learn how to prepare financially for a move to Hong Kong. Bank Account Opening Taxation Mandatory Provident Fund (MPF)
