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Advice needed from HK tax specialist

$30-250 AUD

Closed
Posted 11 months ago

$30-250 AUD

Paid on delivery
I am seeking a Hong Kong tax specialist to provide me with corporate taxation advice. As a resident of h Australia who is the sole owner and director of a company registered in Hong Kong, I have not previously sought tax advice in Hong Kong. Ideal skills and experience: - Expertise in Hong Kong corporate taxation laws and regulations - Experience working with clients who are residents of Hong Kong - Strong communication skills to effectively explain complex tax concepts to clients - Proven track record of providing successful tax planning strategies for corporations - Experience with Australian tax laws and regulations I am looking to loan myself money from my HK company to myself, an Australian resident. I need advice regarding the tax payable on the repayment of the loan. I am aware Hong Kong has provisions in its tax laws to prevent tax avoidance and address transactions between companies and shareholders or associates. These provisions aim to ensure that transactions are conducted on an arm's length basis and that income is properly accounted for and taxed. I believe that if the loan is not on commercial terms, the tax authorities in Hong Kong may deem the arrangement as a sham and apply anti-avoidance provisions to recharacterize the transaction and impose appropriate tax consequences. I am looking to find out what these rules are. In Australia the equivalent would be division 7a. I would need advice with sources sited to show to my solicitor and accountant, and some approximate calculations of the tax payable.
Project ID: 36693708

About the project

3 proposals
Remote project
Active 9 mos ago

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3 freelancers are bidding on average $173 AUD for this job
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Hi, We would like to grab this opportunity and will work till you get 100% satisfied with our work. We are an expert team which have many years of experience on Accounting Please come over chat and discuss your requirement in a detailed way. Regards
$130 AUD in 2 days
4.6 (60 reviews)
6.1
6.1
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Hi! We are a professional accounting firm having seven years-long exposure in the accounting field. Our team also includes professionals from high-end qualifications like Chartered Accountancy. We handle clients for all accounting needs while handling medium-advanced level accounting and Bookkeeping tasks with proficiency. We can provide Virtual CFO Services, Financial Controller Services, Financial Advisory, Budgeting, Financial Forecasting, Financial Projections, Management Costing, Cost-Benefit Analysis, Financial Calculators preparation, IFRSs, Financing, Corporate Reporting, Company Formations, Tax Preparation, Tax Filing, and all related services. We offer Bookkeeping using QuickBooks, MYOB, XERO, Sage, Zoho, Wave, Peachtree, and Excel Let’s connect via leaving an inbox to discuss the scope of your project to move forward and we will reply to you on the best availability. Regards McKenzie Business Solutions Lahore, Pakistan
$250 AUD in 7 days
5.0 (16 reviews)
5.3
5.3
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Hello, my name is Mary and I am a specialist data analysis, content writing, artical writing ,business management, book keeping and travelling freelancer. I understand you are seeking a Hong Kong tax specialist to provide you with corporate taxation advice. As a resident of Australia who is the sole owner and director of a company registered in Hong Kong, I have not previously sought tax advice in Hong Kong. I believe that if the loan is not on commercial terms, the tax authorities in Hong Kong may deem the arrangement as a sham and apply anti-avoidance provisions to recharacterize the transaction and impose appropriate tax consequences. This is why I am looking to find out what these rules are. In Australia the equivalent would be division 7a. I have extensive experience in providing successful tax planning strategies for corporations as well as exposure to Australian tax laws and regulations which would be beneficial when providing advice related to this project. If you would like me to discuss this project further please don't hesitate to reach out!
$140 AUD in 7 days
0.0 (0 reviews)
0.0
0.0

About the client

Flag of AUSTRALIA
Brisbane, Australia
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0
Member since Mar 25, 2022

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