Working in Hong Kong for a corporation in Norway
Can I work remotely for a company in Norway while being in Hong Kong?
It is usually doable, but we recommand to check the following key points first:
- Do you have a Hong Kong company?
- Can you use a Hong Kong company?
- Do you have a business visa in Hong Kong?
- Can you get a business visa in Norway?
- Do you have a valid residence permit in Norway?
- Do you have a valid residence permit in Hong Kong?
- Do you have a valid work permit in Hong Kong?
How to live in Hong Kong and find remote work in Norway?
Finding remote work in Norway if you are located in Hong Kong might be difficult, therefore we recommend you to consider other countries like Australia or New Zealand.
The biggest difference between Hong Kong and Norway is the culture. Hong Kong is a very modern, fast-paced, highly-connected and diverse city. It is the most important international financial center in the world. It has the highest income level in the world and the highest GDP per capita.
How a company in Norway can send my salary in Hong Kong?
When working remotely for a corporation in Norway, you salary can be send to Hong Kong but you don’t have to. The company will provide the details of the transfer to you.
As a general rule, you are not required to have a bank account in Hong Kong. This is because most of the money you earn will be paid out to you by the company. This includes salaries, bonuses and other benefits.
You will also need to have a Hong Kong Permanent Resident card. This is a card that allows you to live and work in Hong Kong.
It is possible to live and work in Hong Kong without having a bank account or a Hong Kong Permanent Resident card.
However, you will need to be registered with the Inland Revenue Department to pay your taxes.
Where do I work from?
You can work from any location. You can work from home, a coworking space or any other location that you choose.
If you work from a home office, you will need to ensure that it is clean and tidy. You will also need to have an internet connection.
If you work from a coworking space, you will need to have a laptop or other device with you.
How do I get paid?
If you work for a company in Hong Kong, you will receive your salary and benefits in Hong Kong.
If you are self-employed, you will be paid in Hong Kong. You will also receive your taxes in Hong Kong.
Where to pay my taxes when working remotely in Hong Kong for a company in Norway?
If you are working remotely in Hong Kong for a corporation established in Norway, taxes could seem complicated but in fact it is not.
The law in Hong Kong is the same as the law in Norway. If you are employed in Hong Kong, you are subject to the same tax as any other employee in Hong Kong.
Taxes on Hong Kong
The income tax on Hong Kong is progressive. The rate of tax is progressive, meaning that the rate of tax increases as the income increases.
The income tax rate is progressive in Hong Kong because of the following reasons:
Hong Kong is a tax haven.
Hong Kong is a very competitive economy.
Hong Kong is a very high cost economy.
The tax rate on Hong Kong is progressive because the government has a limited amount of money to spend.
The government cannot afford to give people a tax break on higher income.
The government cannot afford to give people a tax break on high income because it has to spend the money on other things.