Hong Kong taxation system has won global recognition. Being a premier international financial and business centre in the Asia-Pacific region, Hong Kong has maintained a low, simple and predictable tax regime which allows business to develop and flourish. The low tax policy leads Hong Kong an attractive business place with respect to other cities in Asia on an After Tax basis.
Tax is computed on income arising in or derived from Hong Kong and there are 3 type of taxes: 
Corporate Tax
Corporations, partnerships, trustees and bodies of persons carrying on any trade, profession or business in Hong Kong are chargeable to tax on all profits arising in or derived from Hong Kong from such trade, profession or business.
Corporations are required to pay only 16% profits tax.
Unincorporated businesses pay only 15%, whether wholly or foreign-owned or controlled.
No tax on business loss.
No withholding tax on dividends and interest.
No tax on gains from sales of capital assets, nor on offshore trading activities.
No tax on non-Hong Kong sourced income.
No double taxation.
Hong Kong has the lowest corporate tax rates in the region.
| Country | Basic Corporate Tax Rate |
| Hong Kong | 16% |
| Taiwan | 25% |
| Singapore | 26% |
| Malaysia | 28% |
| South Korea | 28% |
| Indonesia | 30% |
| New Zealand | 33% |
| Japan | 34.5% |
| Australia | 36% |
Salaries Tax
Tax is imposed on all income arising in or derived from Hong Kong from an office or employment or any pension.
Tax is charged on the net chargeable income at progressive rates or at the standard rate 15% on taxpayer's net assessable income after deduction of approved charitable donations.
Property Tax
Rental income from land and buildings wherever situated in Hong Kong at standard rate of 15% on the net assessable value.
