Hong Kong invoicing guide.
Hong Kong has no VAT or GST, but invoices are business records that the Inland Revenue Department expects you to keep for at least 7 years. This hub gathers guides on record keeping, profits tax basics, business registration, sole proprietor versus company invoicing, cross-border invoices and payment terms.
Records and e-invoicing
Record keeping, e-invoice status and payment terms.
Hong Kong invoice requirements and record keeping
What a Hong Kong business invoice should show and how long the Inland Revenue Department expects you to keep it.
Is e-invoicing mandatory in Hong Kong?
There is no government e-invoicing or invoice-clearance system in Hong Kong that we could find.
Late payment and credit terms on Hong Kong invoices
Set payment terms on the invoice and in the contract. There is no tax rule that sets them for you.
Tax basics
No VAT or GST, and profits tax basics for invoicing.
Business setup and cross-border
Registration, sole proprietor vs company, invoicing abroad.
Hong Kong business registration and invoicing
Register with the IRD within one month of starting business, then invoice under that name.
Sole proprietor vs limited company invoicing in Hong Kong
Which name goes on the invoice and how income is taxed for each structure.
Invoicing mainland China and EU customers from Hong Kong
Choose a currency, record the exchange rate and let the buyer's country set its own rules.