Suite B, 20th Floor, Fortis Tower, 77 Gloucester Road
HKWJ provides international and local tax advice and compliance services for corporations, including small & medium sized enterprises, and individuals from out of Hong Kong. The tax advice includes but is not limited to application of double tax treaties, application for Certificate of Resident Status from the Hong Kong Inland Revenue Department, analysing the tax implications/consequences of automatic exchange of information/ Common Reporting Standard (CRS), tax risk/exposure analysis and review, Hong Kong offshore non-taxable claim review and structuring as well as proposing tax beneficial shareholding structures whereas the tax compliance includes corporate & individual tax filings and management of tax disputes. We all know that the duty to pay tax will always be there but how to manage (inter)national tax matters is seldom an easy work. As Hong Kong and Mainland China are emerging markets, comprehensive tax advice in Asia has become increasingly in demand. Further, as a result of pressure from the Organisation for Economic Cooperation and Development (OECD), several jurisdictions including Hong Kong, have decided that Exchange of Information should be part of their tax legal system. In fact, Hong Kong has changed its law in order to allow for extensive exchange of information on tax `persons` and has also concluded near 40 double taxation treaties that include the latest OECD Model provisions. Hong Kong therewith will start its automatic exchange of financial account information in tax matters by the end of 2018. In addition, many other jurisdictions in the world are changing their tax system in order to make their system less subject to evasion or avoidance in general. The above developments require therefore sophisticated tax planning internationally. Corporate Services HKWJ works in Hong Kong closely with a corporate services firm Triple Eight Limited (Triple). Thus whenever the implementation of a tax advice requires the incorporation of entities or foundations or trusts, Triple is able to assist. Jurisdictions covered by Triple are currently BVI, Hong Kong, Mainland China, Seychelles, the Dutch Antilles and the Netherlands. Triple provides in addition company secretarial/director services where necessary. Our Vision HKWJ realises that tax advice, including implementation, is all about finding solutions for corporations and individuals to make sure that their business runs smoothly and as cost effective as possible. In order to be able to do this, one has to understand the business of the people, understand the relevant legislations and tax laws, have the relevant contacts within the tax departments and be creative at the same time. At HKWJ we combine all these elements and providing such clients' solutions gives us great satisfaction.