DO I HAVE TO JUSTIFY EXPENSES OF THE COMPANY? DOES MISAPPROPRIATION OF FUNDS EXIST IN HONG KONG?

Estimated reading time: < 1 min

If your company is tax exempt in Hong Kong, you do not have to justify your expenses. Misappropriation of Funds is therefore not applicable.

In the event of audit by the authorities as to the taxation or not of your company, all your personal expenses are counted as dividend advances.

Was this article helpful?
Dislike 0
Views: 7