In mainland China, the government will set the closing date for all companies, so the closing date for all companies in Mainland China is12month31Day. But the opposite of that isHong Kong companyBecause the Hong Kong government does not make mandatory provisions on the company's closing date, so Hong Kong companies can choose their own closing date.

But it's important to note that checkout day can save a lot of things if you choose it well. For example, a familyHong Kong companyIs a subsidiary of a listed company, then the Hong Kong company had better12month31In this way, the audit report of the Hong Kong company can be directly incorporated into the listed company, without having to do a separate audit. And ifHong Kong companyIt is also the best choice for subordinate enterprises of mainland group companies12month31As the closing date, it will be convenient for the group financial department to merge financial data. besides12month31Outside Japan, Hong Kong companies can choose3.31As it is the closing date of the financial year in Hong Kong, it is convenient for the calculation of salaries tax and other taxes.

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