HUANZE

Overseas company knowledge base

──Jul 12 , 2021Hong Kong company annual inspection does not handle the consequences on time?

A Hong Kong limited company in2020years8month28According to the requirements of the Hong Kong Companies Registry, the company must be incorporated by2021years9month22Finish before the dayAnnual inspection of Hong Kong companyAnd submit all documents to the Companies Registry and Inland Revenue Department in Hong Kong before the deadline. Failure to do so may result in heavy fines and unnotified prosecution by the Companies Registry and Inland Revenue Department.
The penalty for delay in the annual report is as follows:

42day-3monthHKD 870;6month-9monthHKD 2610

3month-6monthHKD 1740; exceed9monthHKD 3480

Maximum fine $50000And daily fines$700 

Penalty amount for delay in filing tax return:1monthHKD 1200

Business registration fee delay penalty Amount:1Within a month HKD 300

Employee payroll delay penalty: HKD 2400since

All responsibility rests with the directors/ Directors will bear full responsibilityIf you fail to complete the management procedures as scheduled, you will be liable under the Hong Kong Companies Act to issue a summons, arrest the directors and compel them to execute all the management procedures that have not been completed. Therefore, the Hong Kong company will inform the company and complete relevant requirements before the deadline.

HongKong company is not on time the result of annual inspection?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

BACK
PREV

How to do annual inspection of Hong Kong company?

NEXT

Must Hong Kong company audit tax return do?