offshore company tax : to tax-free part of the
Q: tax-free offshore company said it removed the sales tax it ?
For example, I have offshore in Hong Kong company , as long as I deal with Hong Kong has nothing to do , I can tax-free ?
I heard that Hong Kong does not require an invoice there ( do not know whether it is true ) , then I buy things from China , you can keep the factory open invoice it ?
a :
1, offshore companies tax-free is a general advantage of this company , in fact, is specific to those in the offshore British overseas is a company registered on the island , such companies do not need tax returns , very simple.
But Hong Kong companies are not offshore company , the company's annual tax return must be , but his tax characteristics of such a company can determine a reasonable tax avoidance . Sales tax is the tax, levied for domestic companies , where registered companies and the tax is okay, the pay must pay .
2, the second question relates to Hong Kong's tax system , or shore business statement to explain before we can enjoy . Not directly dispense of .
3, Hong Kong is not without an invoice , it must be clear , the same as Hong Kong companies to return each year , so as require an invoice, just as Hong Kong Inland Revenue Department would not want a unified format for domestic invoices as required it can be as long as the form of an invoice . Hong Kong 's status to the domestic potential buyers for the domestic companies are import and export, so there must be an invoice , of course, not specific transactions .