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Tax Question

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ORIGINAL POST
Posted by WakeUp 18 yrs ago
I have started a business partnership recently in HK with a friend.


Someone was telling me that we may not have to pay tax as we only deal with companies in China and export directly to Australia and USA. No business is actually conducted in HK. Saying this, we obviously have a HK bank account that funds enter and exit from.


I know we need to see a tax agent about this but are we liable for business or personal taxation?


Thanks

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