Hong Kong corporate auditYes, many companies in Hong Kong have started auditing. Some Hong Kong companies have cash or inventory at the end of the period, so they need to contact Hong Kong auditors in advance to arrange inventory.

Some newly established Hong Kong companies, because they do not understand the Hong Kong policy, inHong Kong corporate auditIf there is cash or inventory at the end of the period and the auditor is not contacted for inventory counting, the auditor will make reservations about cash or inventory in the audit report of the current year because the time span is too long.

The reason for the reservation is that the auditors in Hong Kong have not taken an actual inventory and there is no way to confirm the true value of cash or inventory. Thus, to establish a Hong Kong company, you must have a certain understanding of the policies of Hong Kong, otherwise it may bring risks to the enterprise and increase tax costs.

When setting up a company in Hong Kong, it is very important to choose a professional audit company. If you do not understand the policies of Hong Kong and blindly set up a company, you will not bring convenience to yourself and may add unnecessary troubles to yourself.

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.