Hong Kong
Employees
152
Total tax contribution
$97,247,924
Taxes borne
$7,923,495
Taxes collected
$89,324,429
-
Third-party revenues
$1,336,455,810
-
Related-party revenues
$195,528,620
-
Total revenues
$1,531,984,430
-
Profit before tax
$71,930,574
-
Corporate income tax paid
$7,923,495
-
Corporate income tax accrued
$11,896,109
-
Stated capital
$256,259,300
-
Accumulated earnings
$403,883,251
-
Tangible assets
$696,168,101
-
Other payments to governments
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Shell's footprint
Shell has been active in Hong Kong since 1913. Activities include the sale of fuels at more than 40 retail sites, the production of lubricants and the sale of aviation fuels and bitumen. Shell in Hong Kong does not carry out any activities outside of Hong Kong. Shell-branded liquefied petroleum gas (LPG) products are available in Hong Kong through a long-term brand licence agreement with DCC LPG. In 2022, we started to install and operate electric vehicle charge points throughout Hong Kong.
Country financial analysis
The statutory corporate income tax rate in Hong Kong is 16.5%. The corporate income tax paid figure reflects a payment for 2021 and a provisional payment for 2022.
Read more in Total tax contribution.
