Low and simple tax system
Enterprises in Hong Kong benefit from the simple tax system which is among the lowest in the world. Hong Kong only imposes three direct taxes and has generous allowances and deductions :-
Profits tax is capped at 16.5%
Salaries tax is a maximum of 15%
Property tax is 15%
NO sales tax or VAT
NO withholding tax
NO capital gains tax
NO tax on dividends
NO estate tax