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