Malaysia Hotline: +603- 2141 8908
Hong
Kong company annual return means any limited liability companies in Hong Kong should
file annual returns to the department of the Hong Kong Company Registry and the
Hong Kong Inland Revenue Department once every calendar year( except in the
year of its corporation) within 42 days after the anniversary of its date of
incorporation. For other companies, the annual return should be filed within 42
days after the date of the annual general meeting (AGM) or within 42 days after
the date of the written resolution passed in lieu of the AGM together with the
original or certified copy of audited accounts.
Filing Methods
Once
after incorporation, a Hong Kong incorporated Limited 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 Of Hong Kong company is required to be filed
within 42 days after the anniversary of Hong Kong company incorporation
together with the payment of a statutory filing fee of HKD2250.
Time Required to Deliver
A
registered non-Hong Kong company must deliver an annual return to the Registrar
of Companies for registration within 42 days after each anniversary of the date
of registration of the company under the Companies Ordinance (the prescribed
time period). If you are not sure when your annual return is due for delivery,
you may use the Annual Return Filing Calculator to calculate the due date.
Documents needed
1.
Original Copy of Signed Annual Return Filing Forms;
2. Copy
of Hong Kong Certificate of Incorporation;
3. Copy
of Hong Kong Company Business Certificate;
4. Copy
of Hong Kong Company M & A;
5.
Company Incorporation Papers; (D1, D3, R1 Forms )
6. Copy
of Identification Card of All Directors and Shareholders
Documents Obtained
1.
Business Certificate, original
2. AR1
Forms, original;
Service Fee
The
annual registration fee payables for an annual return for different types of
local companies are as follows:
1. For a
private company having a share capital, the annual registration fee payable for
an annual return is HK$105 if it is delivered within 42 days after the most
recent anniversary of the date of its incorporation. Substantially higher
registration fees are payable if the annual return is not submitted within the
prescribed 42 days time limit.
2. In
the case of an annual return of other companies having a share capital, the
annual registration fee payable is HK$140 if it is delivered within 42 days
after the date of the annual general meeting (AGM) or within 42 days after the
date of the written resolution passed in lieu of the AGM. Substantially higher
registration fees are payable if the annual return is not submitted within the
prescribed 42 days time limit.
3. For a
company not having a share capital (most of the companies limited by guarantee
fall into this category), the annual registration fee payable is HK$105 and the
annual return should be delivered within 42 days after the date of the AGM or
within 42 days after the date of the written resolution passed in lieu of the
AGM.
Consequences of or Late Delivery
Companies
have to pay higher registration fees for filing Annual Returns late. For a
local private company having a share capital, the registration fee payable for
the late delivery of an Annual Return is:
1. More
than 42 days after but within 3 months after the anniversary of incorporation,
HK$870;
2. More
than 3 months after but within 6 months after the anniversary of incorporation,
HK$1,740
3. More
than 6 months after but within 9 months after the anniversary of incorporation,
HK$2,610
4. More
than 9 months after the anniversary of incorporation, HK$3,480
Consequences of Non-delivery
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.
As the
filing of Annual Return, renewal of Business Registration Certificate and
Registered Office and Company Secretary services are due at the same time. The
Business Registration is due for renewal around one month before and after it
is expired. The current business registration fee is HKD2250 (USD300) per
annum. Late renewal will attract a penalty of HKD300 (USD40). Further delay
will result in court proceeding and extra fine.
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