However, it should be noted that if a Hong Kong company has a company account in Hong Kong, we all recommend that you do accounting and tax returns.
After the establishment of the new company in Hong Kong 18 months, it received the tax return notice issued by the Inland Revenue Department for the first time, and began to prepare accounting information after receiving the notice. Any limited company can only declare its accounts after it has completed the account settlement and obtained the audit report of a certified public accountant in Hong Kong. The profit tax rates in Hong Kong are different: unlimited company tax rate is 15%, and limited company tax rate is 16.5%.
Materials to be submitted by Hong Kong company accountants:
1, bank statement and memorandum;
2. Sales documents: invoices and contracts;
3. Cost list: invoices and contracts;
4. Expense bill: salary, rent (lease contract or agreement must be provided), freight, etc.
5. Other relevant documents: Articles of Association, annual return, all company change materials (if any), fixed assets bills, original investment-related documents 1 copy.
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