Hong Kong has a territorial tax system. It only tax income generate locally. My wife is a Hong Kong citizen and I am from UK.
We do drop shipping like business and customer are mainly in Euro, UK and USA.
If we manage our company in Hong Kong, though we are earning the income from foreign region but since we operate our business in HK, our company will deems as HK tax resident.
Consider our company is solely owned under my wife name and we are free as bird. How should we operate our company to avoid being consider we are operate our business in HK ? I heard that it is hard to claim as a tax resident of nowhere and HK tax department will ask where is the company tax residency. So where should I claim my tax resident ?
We do drop shipping like business and customer are mainly in Euro, UK and USA.
If we manage our company in Hong Kong, though we are earning the income from foreign region but since we operate our business in HK, our company will deems as HK tax resident.
Consider our company is solely owned under my wife name and we are free as bird. How should we operate our company to avoid being consider we are operate our business in HK ? I heard that it is hard to claim as a tax resident of nowhere and HK tax department will ask where is the company tax residency. So where should I claim my tax resident ?
