Hong Kong does not officially recognize dual citizenship. However, it is possible to hold permanent residency in Hong Kong while also being a citizen of another country. It’s essential to check the specific regulations and requirements of both countries involved.
To determine if an income is in substance a dividend, it is necessary to examine all the facts and circumstances relating to the transaction rather than the mere label of the income. Generally, dividend refers to a payment of part of the profits for a period in respect of a share in a company. It does not include distributions from a partnership, unit trust or other non-corporate entities and profit distributions from a branch.
What are the most common types of work permit in Taiwan available for foreign professionals? There are 3 types of work permit most common for foreign professionals.
Hong Kong adopts territorial basis of taxation.
It means only business profits, employment income and property rental income arising in or derived from Hong Kong is taxable.
For companies incorporated outside of Hong Kong and establish a place of business in Hong Kong.
대만 거주자에게는 5~42%의 누진소득세율이 적용됩니다. 대만 비거주자의 경우, 소득 유형에 따라 18~21%의 세율이 적용됩니다. (급여 18%, 배당금 21%)
The basis period for Salaries Tax runs from 1 April of the current year to 31 March of the succeeding year. Hence, form IR56Bs must be completed for the relevant year ended 31 March.
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement concluded by the mainland and Hong Kong. Under CEPA, all products of Hong Kong origin, except for a few prohibited articles, can be imported into the mainland tariff-free.
273 classes of Hong-Kong-made goods can be exported to the mainland free of tariff. For other categories of ‘made in Hong Kong’ products, the mainland also agreed to apply a zero-import tariff, upon applications by local manufacturers for other product codes maintained on China’s tariff system and meeting the CEPA rules of origin.
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement concluded by the mainland and Hong Kong. Under CEPA, all products of Hong Kong origin, except for a few prohibited articles, can be imported into the mainland tariff‑free.