Who We Serve · US–Asia
From Hong Kong, we serve Americans across Asia and Asian families and businesses heading the other way. Low local tax rates make US planning matter more here, not less — and we work where you work, through LCW Tax Advisory (HK) Limited.
Who This Is For
Expat packages, local employment, regional entrepreneurship — wherever your income comes from, your Form 1040 still falls due. We prepare US returns built around Asian realities: housing allowances, MPF and local pensions, equity compensation, and accounts the IRS wants reported.
A Hong Kong limited company or Singapore Pte Ltd owned by a US person brings Form 5471, GILTI and Subpart F into your personal tax life. We handle the reporting and the planning — including the elections that soften the result.
Investing in US real estate, opening a US subsidiary, sending children to study, or planning a move. We advise before US tax residency or US-source income begins — when the best options are still open.
US citizenship by birth, a green card from years ago, a childhood passport never renounced. Across Asia, many people discover US obligations late. The streamlined procedures usually offer a clean way back — we prepare the entire package.
Scope
Hong Kong, Japan, Taiwan, Singapore and beyond — every engagement scoped in writing before work begins.
Discuss your situationInsights
Hong Kong's low, territorial tax system is a blessing locally and a complication federally. What US citizens in Hong Kong need to know about the 1040, the missing treaty, MPF accounts, and local companies.
Read articleFor families moving from Hong Kong, Taiwan, Japan or Singapore to the United States, the months before US residency begins are a one-time planning window. What closes on day one — and what to do while it is still open.
Read articleFAQ
Often some, yes. Because Hong Kong’s salaries tax rates are well below US rates, foreign tax credits alone rarely eliminate US tax; the foreign earned income exclusion does the heavy lifting for salary, but investment income, bonuses above the exclusion and equity compensation can still produce a US bill. Planning matters more in low-tax Asia than almost anywhere else.
Hong Kong’s MPF and many Asian pension schemes have no special recognition under US law or treaty, so contributions and earnings are frequently taxable as they accrue, and the accounts are generally reportable on the FBAR and Form 8938. The analysis is scheme-specific — it is one of the first things we look at for clients in the region.
Usually far more fixable than people fear. If your non-compliance was non-willful, the Streamlined Foreign Offshore Procedures typically require three years of returns and six years of FBARs, with the offshore penalty waived for those who qualify. The worst strategy is continuing to wait.
Talk to a US tax adviser before the move — well before. Pre-immigration planning can step up asset bases, restructure companies, and time income so it falls outside the US net. Once you become a US tax resident, most of those doors close permanently.
Yes. LCW Tax Advisory (HK) Limited operates from Hong Kong, so clients across Asia work with us in Asian business hours rather than waiting overnight for responses from a US office.
Work with us
Describe your situation in a few sentences. We will map the US filings it triggers and respond from Hong Kong, in your business day.