Under Hong Kong Transfer Pricing Law, a multinational enterprise group (MNE Group) is required...
Table: Withholding Tax Rates under Comprehensive Double Taxation Agreement /...
A Hong Kong entity of a group engaging in transactions with associated entities is required to prepare a Master File and a Local File, subject to certain exemptions. To be specific, if a Hong Kong company reaches the following Criteria (A) and (B), it is required to prepare a Master File and a Local File for submission to the Inland Revenue Department upon request:
| Country / Region | Date of Entry into Force | Effective From |
|---|---|---|
| Austria | 01.01.2011 | Year of Assessment 2012/2013 |
| Austria (Protocol) | 03.07.2013 | 03.07.2013 |
| Bahrain | Pending | Pending |
| Bangladesh | Pending | Pending |
| Belarus | 30.11.2017 | Year of Assessment 2018/2019 |
| Belgium | 07.10.2004 | Year of Assessment 2004/2005 |
| Brunei | 19.12.2010 | Year of Assessment 2011/2012 |
| Cambodia | 27.12.2019 | Year of Assessment 2020/2021 |
| Canada | 29.10.2013 | Year of Assessment 2014/2015 |
| Croatia | Pending | Pending |
| Czech | 24.01.2012 | Year of Assessment 2013/2014 |
| Estonia | 18.12.2019 | Year of Assessment 2020/2021 |
| Finland | 30.12.2018 | Year of Assessment 2019/2020 |
| France | 01.12.2011 | Year of Assessment 2012/2013 |
| Georgia | 01.07.2021 | Year of Assessment 2022/2023 |
| Guernsey | 05.12.2013 | Year of Assessment 2014/2015 |
| Hungary | 23.02.2011 | Year of Assessment 2012/2013 |
| India | 30.11.2018 | Year of Assessment 2019/2020 |
| Indonesia | 28.03.2012 | Year of Assessment 2013/2014 |
| Ireland | 10.02.2011 | Year of Assessment 2012/2013 |
| Italy | 10.08.2015 | Year of Assessment 2016/2017 |
| Japan | 14.08.2011 | Year of Assessment 2012/2013 |
| Japan (Exchange of Notes) | 06.07.2015 | Year of Assessment 2016/2017 |
| Jersey | 03.07.2013 | Year of Assessment 2014/2015 |
| Korea | 27.09.2016 | 27.09.2016 |
| Kuwait | 24.07.2013 | Year of Assessment 2014/2015 |
| Latvia | 24.11.2017 | Year of Assessment 2018/2019 |
| Liechtenstein | 08.07.2011 | Year of Assessment 2012/2013 |
| Luxembourg | 20.01.2009 | Year of Assessment 2008/2009 |
| Luxembourg (Protocol) | 17.08.2011 | Year of Assessment 2012/2013 |
| Macao SAR | 18.08.2020 | Year of Assessment 2021/2022 |
| Mainland of China | 10.04.1998 | Year of Assessment 1998/1999 |
| Mainland of China | 08.12.2006 | Year of Assessment 2007/2008 |
| Mainland of China (2nd Protocol) | 11.06.2008 | 11.06.2008 |
| Mainland of China (3rd Protocol) | 20.12.2010 | 20.12.2010 |
| Mainland of China (4th Protocol) | 29.12.2015 | 29.12.2015 |
| Mainland of China (5th Protocol) | 06.12.2019 | Year of Assessment 2020/2021 |
| Malaysia | 28.12.2012 | Year of Assessment 2013/2014 |
| Malta | 18.07.2012 | Year of Assessment 2013/2014 |
| Mexico | 07.03.2013 | Year of Assessment 2014/2015 |
| Netherlands | 24.10.2011 | Year of Assessment 2012/2013 |
| New Zealand | 09.11.2011 | Year of Assessment 2012/2013 |
| New Zealand (2nd Protocol) | 09.08.2018 | 09.08.2018 |
| Pakistan | 24.11.2017 | Year of Assessment 2018/2019 |
| Portugal | 03.06.2012 | Year of Assessment 2013/2014 |
| Qatar | 05.12.2013 | Year of Assessment 2014/2015 |
| Romania | 21.11.2016 | Income derived on or after 01.01.2017 |
| Russia | 29.07.2016 | Year of Assessment 2017/2018 |
| Saudi Arabia | 01.09.2018 | Year of Assessment 2019/2020 |
| Serbia | 30.12.2020 | Year of Assessment 2021/2022 |
| South Africa | 20.10.2015 | Year of Assessment 2016/2017 |
| Spain | 13.04.2012 | Year of Assessment 2013/2014 |
| Switzerland | 15.10.2012 | Year of Assessment 2013/2014 |
| Thailand | 07.12.2005 | Year of Assessment 2006/2007 |
| United Arab Emirates | 10.12.2015 | Year of Assessment 2016/2017 |
| United Kingdom | 20.12.2010 | Year of Assessment 2011/2012 |
| Vietnam | 12.08.2009 | Year of Assessment 2010/2011 |
| Vietnam (Protocol) | 08.01.2015 | Year of Assessment 2016/2017 |
For details, please visit https://www.ird.gov.hk/eng/tax/dta_inc.htm or Connect with Us.
Under Hong Kong Transfer Pricing Law, a multinational enterprise group (MNE Group) is required...
Table: Withholding Tax Rates under Comprehensive Double Taxation Agreement /...
A Hong Kong entity of a group engaging in transactions with associated entities is required to prepare a Master File and a Local File, subject to certain exemptions. To be specific, if a Hong Kong company reaches the following Criteria (A) and (B), it is required to prepare a Master File and a Local File for submission to the Inland Revenue Department upon request: