August 15, 2026, is the filing deadline for the 2025/26 Hong Kong Profits Tax Category D return (for companies with a fiscal year-end between December 1 and December 31). For companies registered in Hong Kong with a fiscal year-end of December 31—which includes a large number of Hong Kong companies owned by mainland entrepreneurs, Hong Kong offshore companies used by cross-border e-commerce sellers, and numerous businesses operating in both mainland China and Hong Kong—this means the deadline for filing the profits tax return has arrived. The consequences of late filing are extremely severe: under the Inland Revenue Ordinance, the maximum fine is HK$10,000, and the taxpayer must pay three times the amount of tax due; in serious cases,

In 2026, the trend of Chinese companies expanding into Singapore continued to gain momentum, but the thresholds and regulatory scrutiny for ODI (Outbound Direct Investment) filings have also been tightened. The latest policy stipulates that, starting in 2026, ODI filing will follow the principle of ”no monetary threshold and penetrative supervision”—regardless of the investment amount, even as little as $10,000, any domestic enterprise that establishes a new company, acquires an existing one, or takes an equity stake in a Singaporean company—provided that its shareholding reaches 10% or it exercises actual control—must file a report. At the same time, regulators will look through multi-layered offshore structures to trace investments back to the actual domestic controllers, strictly prohibiting the use of special-purpose vehicles (SPVs) for indirect investment to circumvent filing requirements. This means that, in the past,

As a professional one-stop business service platform, Qicaiying is committed to providing our clients with company registration services in mainland cities such as Beijing, Shanghai, Guangzhou, Shenzhen, and Hangzhou, as well as cross-border e-commerce services and Hong Kong company […]

As a professional one-stop business service platform, Qicaiying is committed to providing our clients with company registration services in mainland cities such as Beijing, Shanghai, Guangzhou, Shenzhen, and Hangzhou, as well as cross-border e-commerce services and Hong Kong company […]

As a professional one-stop business service platform, Qicaiying is committed to providing our clients with company registration services in mainland cities such as Beijing, Shanghai, Guangzhou, Shenzhen, and Hangzhou, as well as cross-border e-commerce services and Hong Kong company […]