Under Hong Kong Inland Revenue Ordinance and Companies Ordinance, Hong Kong registered companies are required to prepare and maintain financial records and hire local qualified accounting firm to perform audit task on financial statements.
Special notes for Hong Kong Company accounting and auditing:
- Hong Kong company must maintain accounting records for at least 7 years since the end of financial year.
- All Hong Kong companies must carry out audit on its annual financial statements, except for dormant company.
Our team with experienced CPAs will help you relieve from reporting burden and have more time to concentrate on your business. Effective communication and seamless integration will make us your great companion.
Affordable & Transparent Pricing
CPA certified experts
Accounting and Auditing
Our accounting and auditing service covers following areas to keep you stay compliance with reporting obligation:
- Preparing annual statutory accounts i.e Profit & Loss account, Balance Sheet, Trial Balance...
- Audited financial statements
We charge fees for services depending on quantity and complexity of your transactions.
If your business' revenue or expense arise in 2 currencies or above, Xero multiple-currency account would be needed for foreign currency translation. The fee is fixed at USD 25/ month no matter how many foreign currencies you have.
What included in Accounting package
Monthly accounting review
Xero cloud accounting
Unaudited financial statements
Total yearly estimated cost for accounting:
** The above fee is in USD and may vary
depending on the complexity
of your transaction
Tax Filing Services
Hong Kong tax year or year of assessment begins from 1st April to 31st March in the next year. A company is liable for its first tax return filing around 18 months from the incorporation date and every financial year end subsequently. Business owners should be aware of tax filing obligations to avoid heavy penalties by Hong Kong Tax Authority.
Our experienced accountants will cover your back with tax planning and consultation. We also help you with offshore tax claim application for income derived outside Hong Kong.
Below is pricing for corporate tax filing service.
Filing Profits Tax Return and tax computation with supporting schedulesUS$100
Filing Employer’s return (NIL)US$100
All invoices in the reporting period
Company bank statements
Company incorporation documents
Need more help to your Hong Kong accounting plan?
Just get in touch with us. We typically response within 12 hrs.
What accounting software do you use?
We use cloud accounting Xero.
When is a Hong Kong company exempted from annual auditing obligation?
How can I submit my data?
You can opt to send your data via multiple methods including mail, cloud storage, or you can grant us remote access to your internal accounting system.