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How can i "skip" paying taxes for my company?? |
Travel Info regarding the question..i just need nt want to pay all the taxes which is so huge n its hard for me to gv all 28% to govern.. so..can any1 tell me hw to "decrease" the taxes amount dat need to pay..in a better and simple understanding i want to pay less for my taxes.. teach me~~ helP me~~ XP ps : sorry for the broken eng.. Travel Tips if you're a moslem, pay the zakat Others You don't pay and your either go to jail or get into trouble, i.e. fine and loss of your business liscense. I don't know of any deductions personally, but perhaps someone else can point you in the direction of appropriate information. you cant but you can get some rebate back like buying books, insurance and computer. Open a BVI off-shore company. Bill your clients from the BVI comany. You pay a fixed low tax to BVI(British Virgin Islands) Govt Annually. Many of our clients-Taiwanese factories are doing this. The BVI Company can have an account in HK. As long as you dont operate your business out of HK, you dont pay HK Taxes. Talk to A Professional about this. http://www.bycpa.com.hk/download.html... http://www.mydeltaquest.com/english/... Just do a Google search for Offshore Companies , Many companies like those above listed, find one in Malaysia or Singapore. you can. but i dont know how. i once read it in the book - Rich Dad Poor Dad...try it... Get a good Tax agent. It will cost you less then a thousand. They will handle it for you from there. Most of them are good in bending the rule. Good luck. You need to hire an accountant specialized in taxation who may be more than willing to adjust your income declared and such. I am not specialized in this but this is what most people do. Doctors pay only RM50 of income taxes per year, just for your information... |
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