Under the Hong Kong Inland Revenue Ordinance “Hong Kong adopts territorial basis for taxing profits derived from a trade, professional, or business carried on in Hong Kong. Profits Tax is only charged on profits which arise in or are derived from Hong Kong “.  In simple terms this means that a person who carries on ...

Hong Kong Bank Account Opening Bank account opening is very important for the enterprises' smooth development. To better serve customers about bank account opening, Tannet has established solid cooperative relationship with many banks all over the world, like HSBC, Bank of East Asia, SCB, Citibank, SBC, Citibank, N. A., Algemene Bank Nederland, Hang Seng Bank, etc, ...