For Hong Kong Businesses

Profits Tax-Ready Accounting for Hong Kong Businesses

Hong Kong has no GST or VAT — just Profits Tax on assessable profits. myBooksAI gives you clean, IRD-ready accounts with minimal complexity.

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No GST / VAT
Profits Tax Ready
IRD Compliant

⚠️ Tax and compliance features are currently in development and may not be available for live usage.

Hong Kong Businesses - myBooksAI
Hong Kong Tax & Compliance

Stay Compliant with Hong Kong Tax Laws

Tax Overview

Tax SystemProfits Tax
Tax Rate8.25% (first HK$2M) / 16.5% (above HK$2M)
CurrencyHK$ Hong Kong Dollar (HKD)
Filing AuthorityIRD (Inland Revenue Department)
Filing FrequencyAnnually

Key Requirements

Annual Profits Tax Return (PTR) to IRD
Audited financial statements for limited companies
Employer's Return (Form IR56B) for employees
MPF mandatory provident fund contributions monthly

myBooksAI keeps your Hong Kong compliance up to date — no manual tracking needed.

Hong Kong Features

Everything Your Hong Kong Business Needs

Built specifically for Hong Kong businesses to manage finances efficiently, ensure compliance, and scale with confidence.

Hong Kong Features - Multi Device
Profits Tax Computation

Profits Tax Computation

Auto-calculate assessable profits with two-tier rates, generate tax computation schedules for IRD.

Two-tier RatesTax Computation
Audit-Ready Financials

Audit-Ready Financials

Generate HKFRS-compliant P&L, balance sheet, and notes for annual audit by registered CPA firms.

HKFRSAudit TrailCPA-Ready
MPF Contribution Tracking

MPF Contribution Tracking

Calculate mandatory provident fund (MPF) contributions for both employer and employee monthly.

MPFPension Tracking
Simple No-VAT Invoicing

Simple No-VAT Invoicing

Issue clean invoices without VAT complexity. Multi-currency invoicing in HKD, USD, CNY, and more.

No VATHKD / CNY / USD
Core Platform Features

Everything Included In Every Plan

Powerful features that every business needs — built into myBooksAI as standard.

GST / VAT Filing

Auto-generate GSTR1, GSTR2, GSTR3B reports. One-click compliance filing.

Smart Invoicing & Billing

Create GST invoices, estimates, proforma invoices with custom templates.

Real-time Dashboard

Monitor income, expenses, and cash flow in real-time from one place.

Inventory Management

Track stock levels, get low-stock alerts, manage multiple warehouses.

Bank Sync & Reconciliation

Auto-fetch bank transactions, reconcile accounts automatically.

Mobile & Web Access

Available on Web, iOS, and Android — manage anywhere, anytime.

Ready to Simplify YourHong Kong Accounting?

Join thousands of hong kong businesses using myBooksAI to manage finances, automate GST compliance, and grow with confidence.

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10,000+
Businesses
99%
GST Accuracy
₹299
Starting Price