Completion of Profits Tax Return

Advantages of electronic filing

• A secure service operating day and night
• An additional extension of 1 month upon application
• Neat and convenient completion of return
• Integrity and confidentiality of data preserved
• Instant transmission of data and no queuing or postage required
• Immediate acknowledgement of receipt to you and others nominated by you
• Efficient processing of returns

The return that is suitable for electronic filing

You can file the “Profits Tax Return – Corporations” and “Profits Tax Return - Persons Other Than Corporations” for the years of assessment 2022/23 to 2024/25, and attach the required supplementary forms, financial statements and tax computation* electronically.

The above criteria specified by the Commissioner of Inland Revenue were published in Government Gazette.

*The data files for the supplementary forms must be in XML format, while the data files for financial statements prepared in accordance with full Hong Kong Financial Reporting Standards / Hong Kong Financial Reporting Standard for Private Entities / Small and Medium-sized Entity Financial Reporting Framework and Financial Reporting Standard must be in inline eXtensible Business Reporting Language (iXBRL) format and in accordance with the IRD Taxonomy Package.  In other cases, financial statements in PDF format could be accepted where the taxonomies for financial statements in the IRD Taxonomy Package are unsuitable for use.  In any event, the data files for tax computations must be in iXBRL format and in accordance with the IRD Taxonomy Package.

To use the “Completion of Profits Tax Return” service

Any person appointed by the corporation/business, irrespective of whether he has an eTAX Account or not, can use the “Completion of Profits Tax Return” service to fill in return information by inputting the Profits Tax File Number and Return Identification Number (RIN), which are printed on the paper Profits Tax return for identification.