HK Income Tax

Hi there,


I am curently on an project assignment where I am providing my services in HK. However, I am on a W2 contract assignment from a US corporation that does not have a subsidiary in HK. I am not a US citizen nor have I ever worked in the US before.


I understand that the HK tax law stipulates that if a person renders work services in HK for a period that extends over 60 days, that person is liable to pay HK taxes. I was wondering if anyone might be able to help with this regard and possibly help with reducing my tax liabilities in a legal sense. I am also interested in finding out if I could write off some expenses (housing, etc...)? Also, would I be able to consider myself as a sole proprietor although I have not registered as a sole business proprietor? Any additional info would be much appreciated.


Thanks kindly :)

Pete

Your tax position in HK will largely depend on whether you spend all your working time in HK. A housing allowance is available: details on http://www.ird.gov.hk/eng/tax/ere_house.htm . You must register with the Business Registration Office http://www.ird.gov.hk/eng/tax/bre_abr.htm .


Contact Mr. Weir tel 2526 1767 for more information and advice.


Ed's Note: Mr Weir = Weir & Associates law firm, the same firm that answers many of the legal questions on here FOC...