According to the Hong Kong Company Law, even the annual inspection of Hong Kong companies must be handled on time every year. If the annual inspection is not completed on time, the Hong Kong Government will issue a penalty notice: the annual return is not submitted on time, overdue43day~3A month. The fine isHKD870Starting, maximum fineHKD50,000And daily finesHKD700,The director shall bear the relevant legal liability; Business registration certificate does not pay the fee on time, late fineHKD300; Employee returns not submitted on time, late finesHKD2,400Get up; Tax return late penaltyHKD3,000Get up.

If the Hong Kong company does not handle the annual inspection and does not pay the fine, it can be directly understood as delinquent payment to the government and become a trust-breaking personnel. Government departments have the power to impose further punishments, such as restricting entry and exit, blacklisting commercial activities and even imposing punishment.

If the Hong Kong government issues a fine payment notice, but the Hong Kong company still does not handle the annual inspection and does not pay the fine, the Hong Kong government shall request the Hong Kong court to issue a summons, requiring the directors of the Hong Kong company to go to the Hong Kong court to pay the fine in arrears to the Hong Kong government and bear the relevant legal liabilities. At the same time, if the important controller is on file, the government can directly list the director as delinquent to the government and a trust-breaking person. Restrictions on entry and exit, blacklisting of commercial activities and even punishment. And the Companies Registry1-2About years will also be removed from the company registration forced expulsion.

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