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  FAQ about Consumption Tax
 
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About Consumption Tax
1)Q:In which link shall Consumption Tax be collected?
Consumption Tax shall be collected in single link, generally in the production, processing deal ing and importation link of taxable consumption goods, except for gold and silver jewelry, diamonds and diamond ornaments , which shall be taxed in retail link.
2)Q:Which commodities are subject to Consumption Tax?
The following commodities Involve Consumption Tax:
  Cigarettes
  Alcoholic drinks and alcohol
  Cosmetics
  Golf and equipment, high-grade watches , yacht, wooden disposable chopsticks, hardwood flooring
  Precious jewelry and precious jade and stones
  Firecrackers and fireworks
  Product oils
  Motor vehicletires
  Motorcycles
  Saloon cars
 
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Hong Kong Company Formation Fee
£900
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£1300
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USD:1500
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