Enter your company’s taxable profit for one year and see how much corporate income tax it would pay in Hong Kong, Singapore, the British Virgin Islands or Taiwan.
About 1 minuteYou’ll need: the company’s annual taxable profitTax data updated November 2026Your inputs stay on your device
STEP 01Annual taxable profit of your company
Taxable profit is what is left after costs and expenses are deducted from income. It is not turnover.
STEP 02Choose jurisdictions (select one or more)
STEP 03Advanced options (optional)
Taiwan
0%
An extra 5% is charged on retained earnings. By default, the 10% legal reserve is set aside first.
Legal reserve already fully set asideThe reserve has reached paid-in capital, so the 10% is no longer set aside
Hong Kong
Another company in the group already uses the two-tiered ratesOnly one company in a group can use the 8.25% concessionary rate
0%
The claim must be made to Hong Kong’s Inland Revenue Department with supporting evidence; approval depends on each case.
Singapore
Tax exemptionA qualifying new company can use the start-up exemption for its first 3 years of assessment
One-off relief
Include the latest one-off reliefHong Kong’s 2025/26 tax reduction (up to HK$3,000) and Singapore’s YA 2026 50% tax rebate (up to S$40,000 together with the cash grant). Applies to that year only.
The Singapore company paid Central Provident Fund (CPF) contributions for local employees in 2025At least one employee who is a Singapore citizen or permanent resident, not counting shareholders who are also directors, and the company is still operating; receives at least S$2,000 (paid as a cash grant, within the S$40,000 cap)
Exchange rates
How much of each currency US$1 buys. Used only to convert the profit you enter into each local currency; the defaults are reference rates from early November 2026.
STEP 04Results
RESULT
Corporate income tax payable for one year
NOTE
Tax where the shareholders live matters too
Setting up a company where tax rates are low, or where foreign income is not taxed, does not mean the shareholders pay no tax. Many countries and regions (such as Mainland China, Japan and Taiwan) have controlled foreign company (CFC) rules: if shareholders control a company in a low-tax jurisdiction that has no real operations, its profits may be taxed where the shareholders live, even if they are not distributed. Whether a place counts as low-tax is not only about the rate: some countries also include places that do not tax foreign income, or tax it only when it is remitted (such as Hong Kong and Singapore). Before setting up a company, we suggest checking the rules where the shareholders live.
Next Step
The tax rate is only the starting point
Where to set up a company also depends on who the shareholders are, how money will flow, and how it will one day pass to the next generation. If you would like to know which arrangement suits you, we’d be glad to talk it through.