Conson stepping into 20th Anniversary
Established in 2000, Conson Group committed to providing comprehensive corporate support to local enterprises. Over 30,000 enterprises have chosen us as their partner, it is a great pleasure to be trusted by our client. As one of the leading corporate service providers in Hong Kong, our principle is “Be caring, keep innovating and improving”.
Two-tiered Profits Tax Rates Regime
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.
It only apply to the one which is nominated to be chargeable at the two-tiered rates, if the entity has one or more connected entities.
Waiver of Business Registration Fees
In 2019/20 financial year, the business registration fees will adjust from HK$2,250 to HK$250 starting from 1 April 2019.
A sum of HK$2000 registration fees will be reduced for both new application and renewal case, but still need to pay a HK$250 application charge. Estimate there will be 1.4 million companies can enjoy this benefit.