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──Sep 14 , 2021Bank statements must be retained when a Hong Kong company is audited, whether or not it is engaged

Be doingHong Kong corporate auditWhen filing tax returns, it is necessary to provide the bank statement of the company, because the auditor will issue a qualified opinion on the audit report of the Hong Kong company without the bank statement.

Have been doingHong Kong corporate auditThere was such a situation in the tax declaration. The client had not done the audit report of the Hong Kong company after the establishment of the company, and made up the audit report several years later. However, the client had not downloaded the bank statement in the year when the company operated in Hong Kong, so the bank data could not be downloaded at all when making up the report now.

Therefore, the Hong Kong auditor could not judge the authenticity of the business during the audit, and gave the client a reserved opinionHong Kong corporate auditReport.

It can be seen that after the Hong Kong company has set up a bank account, it needs to download the bank statement no matter whether there is any business generated. Even if there is only commission fee, interest income or no flow, it needs to download and retain.

Hong Kong company in the establishment, must not in the ignorance of the situation of blind establishment, need to find a professional company, otherwise later may bring unnecessary risks to the enterprise.

Bank statements must be retained when a Hong Kong company is audited, whether or not it is engaged

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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