Crowd financing funds and accounting

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  1. #1

    Crowd financing funds and accounting

    We have a scenario where an individual successfully raises funds through crowd financing. The individual owns a limited liability company and would like to transfer these funds to the company. In the States, this is still a gray area where taxes are concerned. In HK, what would be the best way to deal with this, tax wise for both the individual and company? Would the best way be for the individual to take the crowd raising funds as a gift to himself (hence not taxable) then invest it in the company?

    Last edited by coffeebean; 23-07-2016 at 12:27 PM. Reason: typo

  2. #2

    Join Date
    Jun 2015
    Posts
    170

    Why doesn't that "individual" wanna pay taxes?


  3. #3

    Not not wanna pay taxes but want to structure it efficiently, and not pay more than necessary or worse, double pay