Accounting & Audit Services

Limited companies in Hong Kong receive Profits Tax Return issued by the Inland Revenue Department every year, and they are obliged to submit an audit report and tax return audited by a Hong Kong Certified Practising Accountant to the Hong Kong Inland Revenue Department within a time limit. If the tax return shows that the limited company is profitable, the Inland Revenue Department will issue a tax notice to the limited company to pay the relevant taxes. If a company fills in wrong information on the tax form or omits individual items, or submits the tax return late, it may violate the tax regulations, and the company may be prosecuted and fined by the Inland Revenue Department.

Accounting & Tax Declaration Process

Regular bookkeeping for the company

Having a Certified Public Accountant to prepare an audit report

Filing profits tax returns

Pay Profits Tax





Our strength

Professional team

We partner with a team of professional accountants to help your company handle accounting, auditing and tax returns properly and provide professional advice.

Reasonable price

StartupCow knows that starting a business is always difficult, and the cost of hiring an accounting clerk is too high for start-up. We solve the problem of annual accounting and tax returns for our customers at a reasonable price.

Customer-Oriented

Our accountants understand the clients' business, follow up the client's inquiries carefully, and formulate the best accounting and tax declaration plan for the clients.

Packages

Our Pricing Plans

Accounting

  • Bookkeep all transactions, organize the documents and put them into the file in sequence
  • Prepare general ledger, bank account, accounts receivable and accounts payable, etc.
  • Prepare bank reconciliations
  • Prepare financial statements, including balance sheet and profit and loss statement
  • Billed monthly, quarterly or annually

Audit + Tax Return

  • Prepare audit reports
  • Preparation of Chargeable Profits Tax Calculation Form
  • Completion and Filing of Profits Tax Returns

Accounting + Audit + Tax Return

  • Bookkeep all transactions, organize the documents and put them into the file in sequence
  • Prepare general ledger, bank account, accounts receivable and accounts payable, etc.
  • Prepare bank reconciliations
  • Prepare financial statements, including balance sheet and profit and loss statement
  • Prepare audit reports
  • Preparation of Chargeable Profits Tax Calculation Form
  • Completion and Filing of Profits Tax Returns

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Frequently Asked Questions

When will I receive my first tax return?

Section 475(2) of the Companies Ordinance (Cap. 622) restricts the sole director from acting as the company secretary. Also, section 475(3) of the Companies Ordinance (Cap. 622) states that private company having only 1 director should not have a body corporate as its company secretary if the director of that body corporate is the sole director of private company at the same time.

What documents do I need to prepare for tax filing?

A limited company must prepare accounting accounts, appoint a certified public accountant to arrange an audit, and submit the audit report, profits tax calculation table and profits tax return to the Inland Revenue Department.

Do all Hong Kong companies need to prepare an audit report for tax returns?

Generally speaking, only Hong Kong limited companies need to submit the audit report when filing tax returns. In addition, if the profit of a sole proprietorship or partnership business exceeds 2 million, the tax return must also be accompanied by a balance sheet and a business profit and loss statement certified by a certified public accountant. File a tax return.

If my company was incorporated earlier than March 2014 without the details of correspondence address of the existing individual company secretary, what address of the company secretary will be shown in the Register of Companies record?

What documents are required to prepare an audit report?

What form should I submit if I want to register a new company secretary and resign the existing one?

Do I need to file a tax return if my company has not operated in the past year?

What form should I submit if my company secretary has changed its particulars?

How long does it take to submit a tax return to the Inland Revenue Department?