Hong Kong Tax Basics for New Businesses

Starting a business in Hong Kong? Understanding your tax obligations is key to staying compliant and avoiding penalties. In this episode of HK & China Compliance Essentials, we cover everything new businesses need to know about:Profits Tax – rates, deductions, and the offshore profits exemption Salaries Tax – what employees and employers should know Employer’s Tax Return (Form IR56B) – reporting obligations Filing deadlines and practical tips to keep your company compliant If you have a Hong Kong company and need help with tax compliance, we’re offering a free handover and 1 year of free company secretarial and registered office services.Engagement Letter for a Transfer of a Hong Kong Company to Woodburn: https://eform.pandadoc.com/?eform=ef6c6448-2540-488a-9eed-11530ace0eb4🎧 Listen now and make tax compliance simple for your business.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Thinking about starting a business in Hong Kong? In this episode of China & HK Compliance Essentials, we break down the basics of registering a Hong Kong company, including:Why Hong Kong is an ideal hub for international businessKey requirements: company type, directors, shareholders, and registered addressStep-by-step registration processPost-incorporation compliance essentialsTips for opening a corporate bank account with AirWallexIf you’re ready to get started, we offer an all-inclusive Hong Kong incorporation package for HKD 5,000, covering both company registration and an AirWallex corporate account.📄 Engagement Letter for Incorporation: https://eform.pandadoc.com/?eform=a41325a4-2c6c-4094-8569-2fc21deef74c Subscribe for more practical compliance tips for Hong Kong and China, and stay tuned for our next episode.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

In this episode of Hong Kong and China Compliance Essentials, host Kristina Koehler-Coluccia breaks down China’s 2026 public holiday calendar — and why it’s far more than just a schedule of days off.From Golden Weeks to Chinese New Year compliance checkpoints, Kristina explores how public holidays can create both operational challenges and compliance risks for foreign-invested companies in China.👉 You’ll learn:The key public holidays in 2026 and their impact on operations.Why Chinese New Year marks a critical period for year-end audits, tax filings, and annual inspections.How to navigate adjusted working days and calculate overtime pay correctly.Practical tips to plan ahead, stay compliant, and manage payroll costs effectively.Whether you’re managing a WFOE, representative office, or joint venture in China, this episode will help you prepare for the year ahead — minimizing disruption and maximizing compliance.Check out our blog post for more details: https://www.woodburnglobal.com/post/china-s-2026-public-holiday-calendar 🎧 Tune in to stay one step ahead of China’s compliance calendar.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Is 2026 the year to rethink your China strategy?In this episode of Hong Kong and China Compliance Essentials, host Kristina Koehler-Coluccia explores how global investors are reassessing their approach to doing business in China amid a shifting regulatory, economic, and geopolitical landscape.China remains a powerhouse for opportunity — but the rules of the game have changed. Kristina breaks down:The new trends shaping foreign investment in 2026Why companies are shifting from expansion to optimizationHow policy updates are driving both encouragement and enforcementThe rise of resilience and trust as the new pillars of successIf you’re a foreign entrepreneur, CFO, or business leader, this episode will help you understand how to align your operations with China’s evolving priorities — and how to stay compliant, strategic, and future-ready.🎧 Tune in to learn how to:Reassess your China structure for efficiency and complianceIdentify emerging opportunities under new investment cataloguesBuild a resilient, transparent, and sustainable business framework👉 Stay ahead. Stay compliant. Succeed in China.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Thinking about expanding into China in 2026? Unlock the secrets to choosing the right business structure that ensures speedy market entry, legal compliance, and long-term success. In this episode of Hong Kong and China Compliance Essentials, we break down proven strategies—from WFOEs to EOR solutions—and show you how to navigate China’s complex landscape with confidence. Whether you're just testing the waters or ready for full-scale growth, discover how to plan your next move wisely.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

In this episode of the Hong Kong and China Compliance Essentials podcast, Kristina dives into the implications of the recent US-China 90-day tariff truce. What does this temporary pause mean for businesses operating in or considering entering China's market? Should companies continue transacting there, or is it time to rethink their strategies—perhaps even establish a local subsidiary? Join us as we explore the current trade environment, strategic considerations for doing business in China amid ongoing geopolitical tensions, and practical steps to protect and grow your business in this vibrant but complex market. Whether you're already operating in China or contemplating your next move, this episode offers vital insights to help you navigate the evolving landscape.Don’t miss this essential update for global traders, exporters, and China market-entry strategists!Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Thinking about expanding your business into China?In this episode, we explore the key advantages of setting up a subsidiary in China. From gaining access to a massive customer base and a talented workforce to benefiting from favorable policies and supply chain efficiencies — discover how establishing a local presence can unlock tremendous growth opportunities for your company.  Whether you're a startup or an established business, understanding these benefits is crucial for making informed decisions and building a strong foundation in China's vibrant economy.  Watch now to learn how you can leverage China's unique advantages to elevate your global expansion strategy!  Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Join us for an informative webinar on the Direct Import Program, tailored specifically for importers who sell directly to large customers. This program is designed to help businesses that are sourcing from Asia and reselling products in their home countries or third-party destinations. In this session, we will cover key aspects of the Direct Import Program, including: Centralized Sourcing: Learn how the program enables you to centralize your sourcing functions in Asia, giving you greater control over product quality.Cost-Efficiency: Understand how operating through a "virtual office" in Hong Kong eliminates the need for a physical presence, reducing operational costs while maximizing access to a global trade and financial hub.Tax Benefits: Explore Hong Kong's favorable tax regime, including a 16.5% corporate tax rate and opportunities for tax-free transactions on offshore profits.Sales Flexibility: Discover your options for selling on FOB Asia terms, allowing you to streamline inventory management and free up capital.Risk Mitigation: Find out how the Direct Import Program minimizes financial risk by avoiding fixed overhead costs associated with traditional office setups.This webinar is ideal for business owners and decision-makers looking to enhance their importing strategy and operational efficiency. Don't miss this opportunity to learn how the Direct Import Program can help you achieve greater competitiveness in the market.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

As global brands increasingly look toward China for expansion, understanding the landscape is essential. This insightful session will explore how establishing a business entity in China not only facilitates market entry but also plays a pivotal role in enhancing brand visibility and safeguarding your intellectual property.What You’ll Learn by having an entity in China is:• The critical importance of local engagement and relationship building• How to tailor your marketing strategies for Chinese consumers• The legal protections available for your brand's intellectual property• Effective reputation management strategies in a dynamic market• How partnering with experts like Woodburn can simplify your market entry journeyConnect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!

Are you looking to expand your business into one of the world's most dynamic markets? In this webinar we will explore the immense potential of the Chinese market and how to effectively establish your business entity in this thriving economy.What You Will Learn:1. Understanding Market Demand in China:Gain insights into the rapid economic growth of China and what it means for international businesses. We’ll delve into key sectors experiencing heightened consumer demand, including consumer goods, technology, education, and health and wellness.2. Identifying Market Opportunities:Discover how to recognize and respond to emerging market trends. Learn strategies for analyzing consumer behavior that can propel your business into the forefront of the market.3. Establishing Your Business Entity:Understand the critical steps necessary to set up a legal business presence in China. We will cover the various business structures available and the importance of choosing the right one for your organization.4. Navigating the Regulatory Landscape:Learn how to avoid common pitfalls and streamline the compliance process in China. Our experts will share tips for ensuring your business adheres to local laws and regulations.5. How Woodburn Can Help:Discover how Woodburn’s comprehensive services can support your efforts in successful market entry. We’ll discuss our market entry strategies, incorporation services, and ongoing compliance support tailored to your business needs.Whether you're a seasoned entrepreneur or just beginning to explore international expansion, this webinar is designed to provide you with actionable insights and valuable resources to navigate the complexities of establishing your business in China.Connect with Us:For more insights and updates, subscribe to China & Hong Kong Compliance Essentials.We are happy to take any questions you may have. How to reach Kristina Koehler-Coluccia, Head of Business Advisory:Schedule a call here: https://meetings.hubspot.com/kristina12Email: [email protected] on WeChat with ID: kncolucciaThank you for tuning in!