Hong Kong Business Directory

Business Activities

At HKWJ Tax Law & Partners Limited, we provide international and local tax advice and compliance services for both corporations and individuals from out of Hong Kong as we all know that the duty to pay tax will always be there. Our tax advice includes but is not limited to application of double tax treaties, application for Certificate of Resident Status from the Hong Kong Inland Revenue Department, analysing the tax implications/consequences of automatic exchange of information/Common Reporting Standard (CRS), tax risk/exposure analysis and review. Hong Kong offshore non-taxable claim review and structuring as well as proposing tax beneficial shareholding structures whereas the tax compliance includes corporate & individual tax filings and management of tax disputes with the tax authorities.

As Hong Kong and Mainland China are emerging markets, we have noted that sophisticated tax advice in Asia has become increasingly in demand. Further, as a result of pressure from the Organisation for Economic Co-operation and Development (`OECD`), several jurisdictions, including Hong Kong, have decided that Exchange of Information should be part of their tax legal system. In fact, Hong Kong has changed its law in order to allow for extensive exchange of information on tax `persons` and has also concluded double taxation treaties with 38 foreign tax jurisdictions that include the latest OECD Model provisions. In addition, many other jurisdictions in the world are changing their tax system in order to make these less subject to evasion or avoidance in general.

The above developments require therefore sophisticated tax planning internationally, but also in Asian countries such as Hong Kong and Mainland China and also in offshore jurisdictions such as BVI, TCI and The Republic of Seychelles.

We, at HKWJ Tax Law & Partners Limited, also advise corporations on financial transactions, debt restructurings, hybrid loans, acquisitions & alienations, stock options, stock lending & repo transactions, bond issues, fiscal unities, holding structures, transfer pricing and corporate structuring in general. In addition, this would include advance tax rulings and/or advance pricing agreements, fiscal due diligence and tax compliant work.

Private individuals at the other hand will be advised in areas of trust and foundations, in other words in the area of succession planning. As for corporations, this would include fiscal due diligence and tax compliant work.