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).
Filing of Annual Return
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.
Renewal of Business Registration
Certificate
The
Business Registration is due for renewal around one month before and after.
Late renewal will attract a penalty of HKD300 (USD40). Further delay will
result in court proceeding and extra fine.
Annual Statutory Audit and Filing of
Profits Tax Return
If a
company choose to have its accounting year ended on 31 March, it is required to
have its financial statements audited and the profits tax return filed with the
Inland Revenue Department (Hong Kong Tax Authority) on or before 15 November
the same year.
Late
filing of Profits Tax Return will initially result in a fine of HKD1,200
(USD155) and further delay may result in court proceeding and extra fines.
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