Best tax advisory in Hong Kong, run from India.
Legalkarobar.com keeps Indian founders and trading businesses with a Hong Kong limited company fully compliant with the Inland Revenue Department — Profits Tax filing, the mandatory annual audit, offshore profits exemption claims, and India-Hong Kong DTAA planning, coordinated with your Indian filings by one team.
Every Hong Kong tax touchpoint an Indian-owned company hits
From incorporation-day Business Registration to your annual Profits Tax return — one team manages the paperwork so a missed deadline never becomes a penalty.
Profits Tax Return Filing (BIR51/BIR52)
Preparation and filing of the annual Profits Tax return with the Inland Revenue Department, in line with your notice deadline.
Mandatory Annual Audit
Coordination of the statutory audit required for every Hong Kong limited company before Profits Tax filing.
Offshore Profits Tax Exemption Claims
Evidence-based submissions to claim genuinely offshore-sourced profits are exempt from Hong Kong Profits Tax.
Business Registration Renewal
Annual renewal of the Business Registration Certificate required to legally operate in Hong Kong.
Significant Controllers Register
Setup and upkeep of the SCR mandated for all Hong Kong private companies, kept audit-ready.
Employer's Return & Salaries Tax
Employer's Return filing and salaries tax computation for staff employed by your Hong Kong entity.
India-Hong Kong DTAA Planning
Treaty analysis to reduce withholding tax and prevent double taxation on cross-border payments.
Company Secretary & Compliance Calendar
Ongoing secretarial support and a calendar tracking every Hong Kong filing deadline you owe.
Built for founders trading through Hong Kong, not domestic filers
If your company is incorporated in Hong Kong, or routes trade or investment through it, one of these profiles likely matches you.
Indian Founders With a Hong Kong Company
You incorporated a Hong Kong limited company for international trade or holding purposes and now owe annual Profits Tax and audit filings.
Trading Companies Routing Through Hong Kong
You use Hong Kong as an invoicing or logistics hub between India and other markets, and need offshore-exemption evidence maintained correctly.
Indian Investors Holding HK Investment Vehicles
You hold investments through a Hong Kong entity and want to claim India-Hong Kong DTAA relief on dividends or interest correctly.
Companies Claiming Offshore Profits Exemption
Your Hong Kong company has no Hong Kong-sourced income and needs a properly evidenced offshore claim filed with the IRD.
Directors Needing SCR & Secretary Compliance
You're a director or shareholder who needs the Significant Controllers Register and company secretary duties handled properly.
Businesses Structuring India-HK-China Trade Flows
You're building a structure that uses Hong Kong as a bridge between Indian operations and Mainland China sourcing or sales.
Which Hong Kong structure are you actually filing for?
The filings you owe depend on how your Hong Kong presence is structured — this is the comparison we walk every client through first.
| Entity | Key Filings | Filing Deadline | India-Side Filing Needed | Typical Use Case |
|---|---|---|---|---|
| Private Limited Company | Profits Tax Return + Mandatory Annual Audit | Within 1 month of IRD notice (extensions available) | ROC/FEMA reporting if the parent is an Indian company | Trading or holding company routing through Hong Kong |
| Sole Proprietorship / Partnership | Profits Tax Return (no mandatory audit) | Within 1 month of IRD notice | FEMA reporting for remittances from India | Small-scale Hong Kong operations |
| Representative Office | No Profits Tax (no trading permitted) | Not applicable | FEMA reporting for RO running expenses | Market research or liaison presence only |
| Offshore-Claiming Company | Profits Tax Return + Offshore Exemption Claim | Annually, with supporting evidence | ROC/FEMA if the parent is an Indian company | Businesses with no Hong Kong-sourced income |
Not sure which row applies to you? Book a free tax review and we'll map your exact filing obligations before you commit to anything.
From first review to a filed return, in four stages
A fixed process means nothing depends on you remembering a deadline.
Tax Position Review
We review your Hong Kong company structure, income sourcing, and Indian shareholding against your Profits Tax and audit obligations.
Filing Calendar & Structuring
A compliance calendar covering the Profits Tax return, annual audit, Business Registration renewal, and SCR updates, with DTAA relief flagged upfront.
Audit, Preparation & IRD Filing
We coordinate the statutory audit, prepare your Profits Tax return, and file directly with the Inland Revenue Department.
Ongoing Compliance
Renewal and filing dates tracked year over year, with your offshore-exemption and treaty position reviewed every cycle.
A single filer who understands both jurisdictions
Most Hong Kong CPAs don't track FEMA. Most Indian CAs don't track offshore profits exemption. We built this practice specifically to close that gap.
The two obligations founders miss most often
The annual audit is mandatory, not optional
Founders sometimes assume that a dormant or lightly-traded Hong Kong company can skip the audit. It cannot — every Hong Kong limited company must have audited financial statements prepared by a Hong Kong CPA each year, filed alongside the Profits Tax return, regardless of turnover.
Offshore exemption has to be proven, not assumed
Using a Hong Kong company for international trade doesn't automatically make its profits offshore and tax-exempt. The IRD reviews where contracts were negotiated, where suppliers and customers are based, and where decisions were made — claims without solid supporting evidence are commonly challenged or rejected.
The Significant Controllers Register is a standing obligation
The SCR isn't a one-time filing — it must be kept accurate and up to date at all times, with changes in beneficial ownership reflected promptly. Companies are expected to make reasonable efforts to identify their controllers even where ownership sits behind a chain of entities.
DTAA relief needs a Tax Residency Certificate
The India-Hong Kong treaty doesn't apply automatically to reduce withholding tax on dividends, interest, or royalties. Claiming relief generally requires a Tax Residency Certificate and the correct forms filed on both sides before the payment, not after.
What founders say after their first filing season
I didn't realise the annual audit was mandatory even though my Hong Kong company barely traded. Legalkarobar.com sorted the audit and Profits Tax filing together without any back and forth.
Our offshore profits exemption claim needed real evidence, not just a form. They built the file properly and it was accepted without a single follow-up query from the IRD.
They handled the Significant Controllers Register and Business Registration renewal alongside our Indian ROC filings. One team, one calendar, no gaps.
How Hong Kong Profits Tax works for Indian-owned companies
A four-minute walkthrough of Profits Tax filing, the mandatory annual audit, and claiming offshore exemption.
Prefer to talk it through instead? Book a free tax review and we'll walk you through your specific filings.
Frequently asked questions
Book a free Hong Kong tax review
Tell us about your Hong Kong company and we'll map exactly which Profits Tax, audit, and DTAA obligations apply to you, within 24 hours.
We'll get back to you within 24 hours on business days.
Free consultation · No obligation · Fully confidential