06 Benefits of Setting up a Company in Hong Kong
Setting up a business in Hong Kong yields many advantages such as pro-business environment, attractive tax regime, strategic location and much more.
Under Hong Kong Inland Revenue Ordinance and Companies Ordinance, Hong Kong registered companies are required to prepare and maintain financial records and hire a local qualified accounting firm to perform audit task of financial statements.
Our team with experienced CPAs will help you relieve from reporting burden and have more time to concentrate on your business. Effective communication and seamlessly integration make us a great companion to your company.
Our accounting and auditing services cover the following scope of work to keep you stay compliance with reporting obligation:
We charge fees for services depending on quantity and complexity of your transactions.
The following tables summarize fees for accounting and auditing services based on transactions and sales volume.
|Number of Transactions per year||Fee in USD|
|Within 60 transactions per year||450 up|
|Within 120 transactions per year||750 up|
|Within 240 transactions per year||1,050 up|
|Within 480 transactions per year||1,950 up|
|Above 480 transactions per year||1.5 per additional transaction|
|Turnover in Million HKD||Equivalent Turnover in USD||Fee in USD|
|Below 0.5||Within 65,000||950 up|
|0.5 to 1.0||Within 130,000||1,450 up|
|1.0 to 1.5||Within 190,000||1,850 up|
|1.5 to 2.0||Within 255,000||2,050 up|
|2.0 to 3.0||Within 385,000||2,450 up|
|3.0 to 4.0||Within 510,000||3,050 up|
|Above 4.0||Above 510,000||Please contact us|
|Services||Fee in USD|
|Filing Profits Tax Return and tax computation with supporting schedules||150|
|Filing Employer’s return||150|
|Filing Annual return for Dormant company||150|