Whenever I talk to clients about bookkeeping for Hong Kong companies, I’m always asked the same question: “Can I wait until the end of the year to do it? I’m too busy during the year.” Yes, you can, but the cost of doing so is having to pay back taxes […]

Many cross-border sellers use Hong Kong companies to receive payments, and by default, they are required to pay a 16.51% profits tax on their annual earnings.

但实际上，有一类收入是可以合法不交税的——前提是你的业务流程满足离岸豁免的条件。

这不是灰色操作，是香港《税务条例》明文规定的制度。用好了，是合法节税的最重要工具之一

香港公司的税务合规里，时间节点是最容易出问题的环节。 不是不知道要报税，是不知道什么时候报税——结果逾期了，才 […]

You’ve probably heard the term “Saiwei Model” more than once.

When Amazon sellers discuss platform architecture, they bring it up; when sellers managing multiple stores worry about taxes, they bring it up; and even the recent statistical report on cross-border e-commerce multi-store models issued by the tax authorities specifically targets it.

But if you ask ten business owners in the cross-border e-commerce industry what exactly the SAIWEI model is, I doubt many of them could explain it clearly.

In today’s post, we’ll go over the underlying logic from the beginning.

Is the SAIWEI model still viable? This is the question cross-border sellers have been asking most frequently lately.

The tax authorities have collected statistical forms on multi-store models, there are more and more notifications about audit-based taxation, and there are rumors that some competitors have been audited… Many business owners are starting to panic: Can I still use this business structure?

First, here’s a straightforward answer:

The Suntech model hasn't been shut down, but your past practices may no longer be sustainable.

These are two different things; it’s important to keep them separate.