Taxes in Hong Kong: There are profits tax of which the rate is 16.5% of net income of a company, stamp duty of which the rate is 0.2% of equity alteration value, salaries tax which is based on individual details, property tax of which is 15% of the rent income minusing 20% for fees of repairing and maintenance, estate duty of which the rate is from 5% to 15%, and consumption duty. If a limited company owns land or property to earn rent, the government won’t levy property tax.
