ZetlandTax Advisors
Zetland Tax Advisors
Zetland Tax Advisors Limited specialises in tax compliance and advisory services. Ongoing reforms in the global tax regulatory environment and improvement in the tax collection ability by the revenue authorities have exposed corporations and individuals to regulatory scrutiny across the jurisdictions in which they operate and carry out their businesses and works.
Tax compliance requirements have become not only a compliance issue but a business risk that could have material impact on the responsibilities of directors and the returns to shareholders.
We provide overall tax planning on the business structure and cross border issues. We plan from business commencement to exit strategies to increase the certainty in doing business globally. In providing our tax compliance and advisory services, we offer personal attention to clients. From strategic planning and re-structure to international tax planning for global completive advantage, we provide a range of services to support and service our clients.
What We Do
At Zetland Tax, our aim is to provide our clients with one-stop services, including your corporate and individual tax filings needs, your international tax planning and cross-border transactions considerations.
Our professional and dedicated team is focused on providing clients with specialist services across the core areas of tax compliance, transaction support and tax efficiency management and advisory on Hong Kong, USA, United Kingdom, Australia, China and Singapore tax matters.
Tax Services
Zetland Tax provides a comprehensive range of tax compliance and advisory services across multiple jurisdictions. From corporate tax returns to complex international tax planning, our professional team delivers practical, tailored solutions to meet your specific needs.
Our focus is on providing strategic tax advice, ensuring compliance, and enhancing tax efficiency, empowering clients to focus on their business while Zetland Tax expertly handles the complexities of their tax obligations.
Corporate Tax
- Tax returns and compliance
- Strategic global tax planning
- Reorganisations and reconstructions
- Owner-managed business advisory
- Profit extraction and dividend policy
- Competent authority negotiations
- Source of income advice
- Property tax returns
Individual Tax
- Individual tax return filings
- Time apportionment claims
- Expatriate tax assistance
- Tax office liaison and enquiries
International Assignments
- Expatriate tax returns filings
- Tax planning and advisory
- Tax equalization for expatriates
- Stock option advisory
- Payroll services
International Tax Planning
- Global tax structures
- Cross-border transaction advice
- Multinational tax strategy
- Exit planning and restructuring
Tax Representation
- Tax authority liaison
- Tax investigation support
- Dispute resolution
- Objections and appeals
Accounting and Controlling
- Bookkeeping services
- Financial reporting
- Management accounts
- Regulatory compliance
Audit Liaison
- Audit coordination
- Financial statement preparation
- Auditor communication
- Compliance documentation
Our Fees
At Zetland Tax, we believe in a fair and transparent fee structure at standard rates rather than percentage based fees. Thus, keeping our professional services price competitive.
Hong Kong adopts a territorial source principle of taxation. Only income or profits which have a source in Hong Kong are taxable. The principle itself is very clear but its application in particular cases can be, at times, contentious.
The Hong Kong Inland Revenue Ordinance provides for the levying of three direct taxes:
| Profits Tax | Salaries Tax | Property Tax |
|---|---|---|
| First 2,000,000 8.25% | The lower of progressive rate 2-17% after deducting allowances | 15% |
| On the remainder 16.5% | Or standard rate 15% |
The fiscal year in Hong Kong is defined from 1st April to 31st March the following year. Tax returns are filed annually and are typically due within one month.
Offshore and Income Not Subject To Tax
Income from business activities entirely carried out outside of Hong Kong may qualify as "offshore income", which is not subject to profits tax in Hong Kong. Apart from offshore income, this also includes income from other activities than carrying on a trade, business or profession. In other words, income from dividends, interest and capital gains are not subject to profits tax.
If you have any concerns on your Hong Kong tax filings or tax planning strategies, please talk to our professional team.
Zetland Newsletter & Articles
Stay ahead with the Zetland Newsletter, your go-to resource for timely insights, expert commentary, and guidance on international corporate services, trusts, tax matters, and regulatory updates. Each edition highlights critical industry news, emerging global trends, and strategic advice from our team of professionals.
Designed for business leaders, advisors, and entrepreneurs, our newsletter ensures you remain well-informed and prepared to succeed in a dynamic, fast-paced global market.