Annual audit of Hong Kong companyIt is suggested that you can find a specialized enterprise management company to deal with the annual review of the company in Hong Kong, instead of going to Hong Kong to deal with it in person. The annual review of the Hong Kong company refers to the establishment of the company in Hong Kong. soAnnual audit of Hong Kong companyIs it any different from an audit?Huanze Xiaobian can tell you here.
1,Annual audit of Hong Kong companyThe audit is made at the Companies Registry and Business Registration Branch within the twelfth month of the company's establishment. The audit is made at the Inland Revenue Department within the eighteenth month of the establishment of the new company. The two periods are different, they are doing two different jobs.
2In terms of content, the annual review of Hong Kong companies is limited to the review permitted by the company's business, namely updating the business registration certificate and the annual report. This is an update that every Hong Kong company must do every year on the day it is established. An audit only validates and approves the company's financial accounting objectives.
3In nature, both are the necessary guarantee for the late establishment of Hong Kong companies. Hong Kong company annual review expiration, if not timely update, will incur fines. If the fine continues to be ignored, a court summons will be issued. This will have an impact on company directors. If a company does not process tax returns or does not conduct an audit, there will also be a penalty and a supplementary audit will be required. Hong Kong company audit tax return is in Hong Kong company's fiscal year each year4.1Declared to be carried out.
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