Updated 29 May 2026
2026 tax filing: how much is the dependent parent allowance? Claim conditions, the definition of living together and sharing arrangements explained
You can claim an allowance for supporting parents or grandparents aged 55 or above who ordinarily reside in Hong Kong. For 2025/26, the maximum per person is HK$100 […]
Updated 29 May 2026
[2026 tax filing] How is salaries tax calculated? How much are the personal allowances? A tax-saving guide to deductible items at a glance
Salaries tax is charged at the lower of progressive rates and the standard rate. For 2025/26, the basic allowance is HK$132,000 and the one-off reduction is capped at HK […]
Updated 28 May 2026
How a company files tax for its employees: what is the difference between the employer’s returns BIR56A and IR56B? Understand your tax responsibilities and file correctly
Filing tax returns for employees is the employer's statutory responsibility. The employer's return (BIR56A) and the individual IR56B remuneration reports must be submitted on time, covering any employee with remuneration income, […]
Updated 28 May 2026
Is tax payable on dividends in Hong Kong? Company dividends vs dividends received by individuals: conditions, process and tax exemptions explained
Wondering whether tax is payable on dividends in Hong Kong? SetupHK sets out the tax rules and the key points on company deductions in one go, helping you understand profit distributions by Hong Kong companies, points to note and the conditions for paying company dividends!
Updated 28 May 2026
Unlimited company tax filing guide: understand profits tax calculation, deductible items, the filing process and key filing points in 5 minutes
An unlimited company does not need an audit and only pays profits tax. Sole proprietorships file BIR60; partnerships file BIR52. If turnover exceeds HK$2 million, […]
Updated 28 May 2026
Complete guide to Hong Kong company profits tax: rates, calculation, filing process and legal tax saving (latest for 2026)
Companies carrying on business in Hong Kong and earning local profits must pay profits tax. Limited companies are subject to two-tier tax rates (8.25% / 16.5%), while unlimited […]
Updated 11 May 2026
5-minute guide to applying for a business registration certificate: required documents, online application guide and FAQs on changing your address
You can apply for a Business Registration Certificate (BR) online or on paper. Online applications can receive an electronic BR in as little as 2 working days; in-person paper applications take about half an hour to collect […]
Updated 11 May 2026
Complete guide to the Hong Kong business registration certificate: BR definition, fees, application process and the difference from the CI (2026 update)
By law, anyone carrying on business in Hong Kong must apply for a Business Registration Certificate. This article explains in detail what a Business Registration Certificate is, which businesses need one, the business registration certificate number, and how it differs from company registration.
Updated 11 May 2026
What are the benefits of setting up a Hong Kong company? 7 advantages including low tax rates and a free market
Whether it is an international company entering the Chinese mainland market from Hong Kong, or a mainland Chinese company entering the international market from Hong Kong, their first choice is to set up a company in Hong Kong. So what are the advantages of setting up a company in Hong Kong? This article introduces the benefits of forming a company in Hong Kong from the angles of taxation, company types, industries and more.
Updated 8 May 2026
How to search a company name: 5 steps to confirm the name is available and avoid rejection
Before applying to form a company, you must confirm that the proposed name is not already registered by another company, otherwise your application will be rejected. This article gives complete step-by-step instructions for ICRIS searches, so that […]
Updated 8 May 2026
3 things to prepare before forming a Hong Kong company
According to Companies Registry statistics, more than 100,000 Hong Kong companies are incorporated every year. Setting up a company in Hong Kong has many advantages, but what do you need to prepare beforehand? This article focuses on the process of forming a Hong Kong company and what to prepare in advance.
Updated 8 May 2026
Hong Kong unlimited company quick guide: registration process, costs and FAQs
An unlimited company is the simplest and lowest-cost company structure in Hong Kong. This article explains the complete process, costs and common questions for setting up an unlimited company. Before forming a company, you first need […]