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President 75 2301 Ir K C Tam Unit 2301, SUP Tower, 75 Kings Road, North Point, Hong Kong Tel: (852) 2566 3397 Fax: (852) 2343 3132 (852) (852) (852) 2566 3397 (852) 2343 3132 www.aeehkc.hk Website:
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What is hong kong chapter hkc?
The Hong Kong Chapter (HKC) is a specific filing requirement for companies in Hong Kong under the global Base Erosion and Profit Shifting (BEPS) Action 13 framework.
Who is required to file hong kong chapter hkc?
Multinational enterprises (MNEs) with operations in Hong Kong and meeting certain revenue thresholds are required to file the Hong Kong Chapter (HKC) as part of their transfer pricing documentation.
How to fill out hong kong chapter hkc?
Companies subject to the Hong Kong Chapter (HKC) are required to prepare and file a Master File, Local File, and Country-by-Country Report as outlined in the BEPS Action 13 framework.
What is the purpose of hong kong chapter hkc?
The purpose of the Hong Kong Chapter (HKC) is to enhance transparency and provide tax authorities with information to assess transfer pricing risks and compliance by multinational enterprises.
What information must be reported on hong kong chapter hkc?
The Hong Kong Chapter (HKC) requires MNEs to disclose information related to their business activities, transfer pricing policies, and financial data to tax authorities in Hong Kong.
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