Global CPA are experienced in advising new immigrants on how to take maximum advantage of these. Global CPA closely coordinate
this tax planning with professional advisers in the immigrant’s country of origin.
Specifically, in tackling such an assignment we
• review the immigrant’s assets, sources of income, and personal situation to determine the most appropriate tax planning;
• prepare a memorandum indicating the recommended tax planning strategy, along with detailed steps for implementing the plan;
• introduce other professionals in offshore jurisdictions, if necessary, to carry out the tax planning;
• prepare all required Hong Kong filings, which may include Hong Kong personal income tax returns and special foreign reporting forms;
• review the client’s overall estate planning objectives to make sure they are appropriate, and assist the client in designing new Hong
Kong resident wills; and
• assist in ongoing taxation issues, such as ways of receiving remuneration or a foreign inheritance.
Sometimes valuations are required in this type of work. If so, we can supply valuation reports in a format that is acceptable to Hong
Kong tax authorities.