Hong Kong SAR vs Luxembourg

Corporations: 8.25% on the first HKD 2 million of assessable profits and 16.5% on the remainder; unincorporated businesses: 7.5% on the first HKD 2 million and 15% on the remainder.

23.87% (CIT, solidarity surtax, and municipal business tax [Luxembourg City, from tax year 2025])

The tax return forms are typically released on the first working day of April each year. The filing deadline is usually within one month from the day the forms are released. Certain companies (e.g., those with a fiscal year ending on December 31) may have an extended filing deadline, typically until August 15 of the year the forms are released, and in certain circumstances (e.g., electronic filing), extensions may be granted.

December 31 of the following year.

For companies with a fiscal year ending on December 31st, the final tax payment for a specific tax year is typically due in November of the year when the tax return is filed.

At the end of the month following the receipt of the tax assessment receipt.

For companies with a fiscal year ending on December 31st, interim taxes for a specific tax year will be paid in two installments, typically due in November of the current year and January of the following year.

Quarterly installment payment.

0/0/0

15/0/0

0/0/2.475-4.95

15/0/0

17

Capital gains are subject to the normal corporate income tax rate constraint.

14.28

23.24%

2.01

18.09%