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Hong Kong Tax Information

No sales tax

No VAT, GST, or sales tax. Profits tax (16.5%) only on HK-sourced profits.

Consulting Services to Invoice

  • Strategy consulting
  • Management consulting
  • Advisory services
  • Workshop facilitation
  • Retainer arrangements
  • Project consulting

Invoice Requirements in Hong Kong

Business Registration Number
Company address
Client details
Invoice number
Total in HKD

Payment Terms

Net 30 is standard. Milestone payments for large engagements.

ImmediateNet 30Net 60End of Month

Payment Methods in Hong Kong

Bank TransferFPSPayMeCredit CardCheque

Consulting Invoice Tips

  • Include professional credentials
  • Break down phases clearly
  • Document deliverables
  • Consider value-based pricing
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to consulting invoices in Hong Kong?

Hong Kong has No sales tax. No VAT, GST, or sales tax. Profits tax (16.5%) only on HK-sourced profits.

What payment methods are common for consultings in Hong Kong?

Common payment methods in Hong Kong include: Bank Transfer, FPS, PayMe, Credit Card, Cheque. Net 30 is standard. Milestone payments for large engagements.

What should consulting invoices include in Hong Kong?

Your invoice should include: Business Registration Number, Company address, Client details, Invoice number. For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.

How should consultants structure invoices?

Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.

Should consultants charge for travel?

Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.

Is there VAT in Hong Kong?

No, Hong Kong has no VAT, GST, or sales tax.