GuideMeHongKong.com has launched a new tax calculator that helps entrepreneurs and business professionals estimate their annual Hong Kong taxes and allows them to perform a comparative analysis with similar taxes in other countries.
Hong Kong (PRWEB) March 15, 2010 -- GuideMeHongKong.com, a Hong Kong-focused business information portal, has launched an online tax calculator that allows users to estimate their Hong Kong taxes. The tax calculator also enables users to compare their Hong Kong tax liability with other jurisdictions. By providing a side-by-side comparison of the estimated tax burden in two different territories, this tool is especially useful for global entrepreneurs who are contemplating a business relocation to a new tax jurisdictions such as Hong Kong. The new tax calculator is designed to determine the total estimated tax including corporate tax, personal income tax, dividend tax and capital gains tax.
Melody Tan, the Manager of Tax Services at Janus Corporate Solutions said, "The dynamics of doing business have changed in recent times. Entrepreneurs find themselves operating in a highly volatile economic environment. Their key motive is to minimize uncertainty and maximize their profits. On these factors, Hong Kong is a preferred location owing to its stable, simple and low tax regime. Entrepreneurs will find our tax calculator a useful tool as it not only estimates the Hong Kong tax burden but also provides them an objective assessment of the tax savings that will accrue from setting up a business in Hong Kong vis-a-vis their country of residence or another jurisdiction."
Entrepreneurs will find the new tax calculator a very useful tool as it estimates the total tax burden including corporate and personal level taxes for a business individual. |
Certain unique features further enhance the usefulness of the tool. For instance, it supports calculation in multiple currencies including US Dollar, Australian Dollar, Hong Kong Dollar, Singapore Dollar, UK Pound and Euro; a user can select any of these to enter data and obtain results of the tax computation and analysis. Users can access the tax calculator at http://www.guidemehongkong.com/hongkong-tax-calculator.
About GuideMeHongKong.com
Launched in 2009, GuideMeHongKong.com is a Hong Kong-focused portal that provides comprehensive and up-to-date information to global organizations and entrepreneurs about Hong Kong tax and Hong Kong company formation.
Media Contact:
Andrew Chen
Phone: +65 6222 7445
Web: http://www.guidemehongkong.com
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[Via Legal / Law]
1 comment:
Hi there! Yes, thanks for the tax calculator. It is very helpful. Incorporating a company in Hong Kong is safe, secure, and convenient. Many businessmen are into Company Formation because of the great tax system in the country.
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