Create Contractor Invoice in HKD →

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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.

Contractor Services to Invoice

  • Labor charges
  • Material costs
  • Equipment rental
  • Permit fees
  • Subcontractor work
  • Change orders
  • Warranty work

Invoice Requirements in Hong Kong

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

Payment Terms

Progress billing at milestones. Retain 5-10% until final inspection.

ImmediateNet 30Net 60End of Month

Payment Methods in Hong Kong

Bank TransferFPSPayMeCredit CardCheque

Contractor Invoice Tips

  • Break down materials and labor
  • Reference permits
  • Document change orders
  • Include lien waiver language
  • Track progress payments

Frequently Asked Questions

What tax rate applies to contractor 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 contractors in Hong Kong?

Common payment methods in Hong Kong include: Bank Transfer, FPS, PayMe, Credit Card, Cheque. Progress billing at milestones. Retain 5-10% until final inspection.

What should contractor invoices include in Hong Kong?

Your invoice should include: Business Registration Number, Company address, Client details, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.

How should contractors bill for projects?

Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.

How do contractors handle material markup?

15-25% markup is standard. State policy in contracts.

Is there VAT in Hong Kong?

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