Is the dividend tax rate of Hong Kong companies 5% after income tax?

The dividend tax rate of Hong Kong companies is 5%, which is the net amount after income tax. The dividend tax rate of Hong Kong companies is 5%, which refers to the tax rate that the company needs to pay for the remaining dividends distributed to shareholders after paying enterprise income tax. In other words, after the dividend is deducted from the corporate income tax, the shareholders get the after-tax net amount.