@monomono, I will be a remote base web developer for a US company. The website currently only serves the US market. How did you determine you don't have to pay HK tax? Did you talk to a tax advisor? Thanks
@monomono, I will be a remote base web developer for a US company. The website currently only serves the US market. How did you determine you don't have to pay HK tax? Did you talk to a tax advisor? Thanks
I just called the IRD information line. I told them that I was doing work on servers outside of HK, and they told me for sure no tax is payable and not even to send a tax return. I forget the exact criteria for this exemption - something about the work not being performed in HK - hopefully you'll be in the same situation.
So you've been working outside of HK? That would be different from my situation, since I will be working in HK but for a US company and US product. Thanks,
Sorry for the misunderstanding, no I was living in HK and working from home, but the key seemed to be that the work was performed on remote servers, even though I was physically located in HK. To be honest you could argue either way where the work is being "performed" in a situation like that, but if the IRD believes it's overseas, I won't argue with them
did you have to file for exemption? Are you also under 1099 contract? what US tax do you have to pay? thanks
I'm not a US citizen so zero tax for me! I didn't need to file anything.
Since the company seems flexible on how they pay you. Your partner could open a HK company and you could provide your services via the HK company. Work performed outside of HK would not be subject to HK taxes and since your partner is not a US person then no US taxes. You could be paid a salary in HK if desired and HK has very favourable tax rates and you would be eligible for the overseas foreign earned income exemption.