{"slug":"hong-kong-profits-tax","name":"Hong Kong Profits Tax Calculator","category":"business","tags":["tax","business"],"aliases":["profit tax calculator hk","hong kong profits tax calculator","hk corporate tax calculator","hong kong company tax","calculate hong kong company tax","香港 利得税 計算"],"region":"HK","tagline":"Hong Kong profits tax at 8.25%/16.5% for corporations or 7.5%/15% for unincorporated businesses, with the connected-entity election.","endpoint":"https://xearno.tools/api/v1/tools/hong-kong-profits-tax","page":"https://xearno.tools/t/hong-kong-profits-tax","description":"Hong Kong does not simply charge every company 16.5%. An eligible corporation pays 8.25% on the first HK$2 million of assessable profits and 16.5% above; an eligible sole proprietorship or partnership pays 7.5% and 15%. But only one connected entity can elect the two-tiered rates for a year. This calculator makes that hidden eligibility branch explicit and shows the saving against the full rate.","inputSchema":{"type":"object","properties":{"profit":{"description":"Assessable profits (HKD) Enter Hong Kong assessable profits after allowable deductions. Accounting profit, offshore-source questions and loss carry-forwards must be resolved before this figure.","type":"number","minimum":0,"maximum":10000000000,"default":3000000},"entityType":{"description":"Entity type","type":"string","enum":["corporation","unincorporated"],"default":"corporation"},"tiered":{"description":"Can this entity use the two-tiered rates? Only one connected entity may elect the two-tiered rates in the same year. Control generally means more than 50% of capital, voting rights, or entitlement to capital or profits.","type":"string","enum":["yes","no"],"default":"yes"}},"required":[],"additionalProperties":false},"methodology":["Eligible corporations pay 8.25% on the first HK$2,000,000 of assessable profits and 16.5% above. Eligible unincorporated businesses pay 7.5% and 15% respectively.","The two-tiered regime can apply to only one connected entity for a year of assessment. If the election is ineffective or not made, all assessable profits use 16.5% for a corporation or 15% for an unincorporated business.","Scope starts with assessable profits. Source, deductions, losses, concessionary regimes, rebates, provisional tax and Personal Assessment are outside this arithmetic estimate."],"usage":"POST https://xearno.tools/api/v1/tools/hong-kong-profits-tax with a JSON body matching inputSchema."}