Hi there,
I am interested in your project. Every income which are sourced in Hong Kong is taxable. However, if there is no any transaction undertaken in the year per your post then taxability does not arise. Can you share the books of accounts to see the transactions which you have, if any? I can ensure you that there will be no taxes to be paid by applying each possible law of IRD.
Regards,
Jeetendra Chaurasia