LT CLOUD
PROFESSIONAL
lndividual and Corporate Tax
The two-tiered profits tax rates regime will be applicable to any year of assessment commencing on or after April 1, 2018. The profits tax rate for the first $2 million of profits of corporations will be lowered to 8.25 per cent. Profits above that amount will continue to be subject to the tax rate of 16.5 per cent. For unincorporated businesses (i.e. partnerships and sole proprietorships), the two-tiered tax rates will correspondingly be set at 7.5 per cent and 15 per cent.
Certify True Copy
The copy of identification document is deemed to be certified as a true copy if it is duly certified by:-
(i) a notary public practising in Hong Kong;
(ii) a solicitor practising in Hong Kong;
(iii) a certified public accountant (practising) within the meaning of section 2 of the Professional Accountants Ordinance (Chapter 50 of the Laws of Hong Kong);
(iv) an officer of the court in Hong Kong who is authorised by law to certify documents for any judicial or other legal purpose;
(v) a professional company secretary practising in Hong Kong; or
(vi) a consular officer of user’s home country, in the case of a non-Hong Kong
resident.