Overseas Clients ≠ Offshore Income?|Cross-border Tax Arrangements Require Professional Support
After the pandemic, more companies have started handling overseas business online.
After the pandemic, more companies have started handling overseas business online.
When people talk about business, one of the first questions that often comes to mind is, “Will the product sell well?”
Are you ready to take your accounting to the next level? Xero, the cloud-based accounting software designed for small and medium-sized businesses, is here to transform how you manage your finances! With HSBC’s online banking service, you can seamlessly connect your bank account to Xero for automatic data integration.
From July 5, 2024, Hong Kong introduces the “Patent Box” tax incentive aimed at encouraging businesses to leverage their patents and boost research and development efforts. Starting from the 2023/24 tax year, profits derived from qualifying intellectual properties—like patents, software copyrights, and plant variety rights—could enjoy a significantly reduced tax rate of just 5%.