The Contractor Receipt is a fundamental business document used in Hong Kong to document payments made to contractors for services rendered. It serves as an essential record for both the service provider and the client, complying with Hong Kong's regulatory requirements, particularly the Business Records Keeping Ordinance and Inland Revenue Ordinance. The document should be issued promptly upon payment and must include key information such as the contractor's details, client information, payment amount, service description, and date. A properly formatted Contractor Receipt is crucial for tax reporting, accounting purposes, and maintaining clear financial records. It helps distinguish contractor payments from employee compensation and provides protection for both parties by documenting the transaction. The receipt can be issued in either physical or electronic format, provided it meets the requirements of Hong Kong's Electronic Transactions Ordinance when issued digitally.

1. Receipt Number: Unique identifier for the receipt for tracking and reference purposes

2. Date: Date of payment and receipt issuance

3. Contractor Details: Full name, business registration number (if applicable), and contact details of the contractor

4. Client Details: Full name, business registration number (if applicable), and contact details of the paying client

5. Payment Information: Amount paid, payment method, and currency

6. Service Description: Brief description of services rendered or work completed

7. Payment Period: Time period covered by the payment

8. Declaration: Statement confirming receipt of payment and completion of services