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──May 30 , 2022Can I apply for an extension of Hong Kong Profits Tax schedule?

When a tax form is issued to a Hong Kong company by the Hong Kong Inland Revenue Department, it will be required to complete and sign the form within a specified period before submission to the Inland Revenue Department. But a lot of times, for a variety of reasonsHong Kong companyCan no longer submit the completed tax form within the specified time, in which caseHong Kong companyIt is possible to apply to the tax bureau for an extension of submission, so what reasons can be used if the application for an extension of submission of tax form? Generally our customers apply the following reasons:

First, the registered address of the company is in Hong Kong, but the personnel are all in mainland China, and the exchange of documents is entrustedHong Kong companyThe registered address is collected and forwarded to the mainland, so it will take a long time for the company to receive the tax form forwarded from Hong Kong; Second, the company has hired a professional accountant to issue the audit report. As the audit process requires sorting out documents and communicating with the accountant, it takes a certain amount of time. Thirdly, one of the steps in the audit process is to conduct confirmation of the bank account, which can only be signed to the bank after being issued by the auditor, and can only be issued to the accountant after being confirmed by the bank, so that the tax form can be filled out and submitted according to the data in the report.

So even thoughHong Kong companyThe accountant has been entrusted to issue the audit report, but the tax form is required to be submitted within one month, which is also very urgent.

Can I apply for an extension of Hong Kong Profits Tax schedule?

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.

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