Malaysia Hotline: +603- 2141 8908
Once
after incorporation, a Hong Kong incorporated company is required by the Hong
Kong Companies Ordinance and Inland Revenue Ordinance to update its books of
accounts, prepare financial statements and arrange audit of its annual
financial statements and file certain returns with both the Hong Kong Companies
Registry (company registration authority) and Inland Revenue Department (tax
authority).
An
Annual Return is required to be filed within 42 days after the anniversary of
incorporation together with the payment of a statutory filing fee. Companies
have to pay higher registration fees for filing Annual Returns late. In
addition, companies which fail to file annual returns or file annual returns
late are liable to prosecution and, if convicted, pay the fines imposed by the
court. The maximum level of fine for a company which failed to comply with the
requirements for completing and filing annual return is a fixed penalty of
HK$50,000 and a daily default fine of HK$700.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my