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Bobby Chan from N/A submitted a forum post
Hi Eric,

A debt factoring company charges handling fees/discount rate. These income are service fees. In Hong Kong, fees for services rendered in Hong Kong are chargeable to Hong Kong profits tax at a rate of 16.5%. Therefore, the factoring company...
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Bobby Chan from N/A submitted a forum post
In Hong Kong, the corporate income tax rate is 16.5%, and only profits derived from Hong Kong are subject to corporate income tax. Interest income arising in Hong Kong is liable to Hong Kong profits tax, but if a Hong Kong company pays interest to a ...
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