Under Hong Kong Inland Revenue Ordinance and Companies Ordinance, Hong Kong registered companies are required to prepare and maintain financial records and hire local qualified accounting firm to perform audit task on financial statements.
Special notes for Hong Kong Company accounting and auditing:
- Hong Kong company must maintain accounting records for at least 7 years since the end of financial year.
- All Hong Kong companies must carry out audit on its annual financial statements, except for dormant company.
BBCIncorp Limited offers qualified Hong Kong accounting services for your business! Our team with experienced Certified Public Accountants will help you relieve from reporting burden and have more time to concentrate on your business. Effective communication and seamless integration will make us your great companion.
Hong Kong Accounting Services with BBCIncorp
Cloud accounting
Affordable &
transparent pricing
Effective
communication
CPA certified
experts
Accounting and Auditing
Our accounting and auditing service covers following areas to keep you stay compliance with reporting obligation:
Preparing annual statutory accounts i.e Profit & Loss account, Balance Sheet, Trial Balance...
Audited financial statements
We charge fees for services depending on quantity and complexity of your transactions.
Transactions per month
What included in Accounting packages
- Xero cloud accounting
- Yearly compilation of FSs
US$40
/Month
Total yearly estimated cost for accounting:
US$480
** The above fee is in USD and may vary depending on the complexity
of your transaction
Tax Filing Services
Hong Kong tax year or year of assessment begins from 1st April to 31st March in the next year. A company is liable for its first tax return filing around 18 months from the incorporation date and every financial year end subsequently. Business owners should be aware of tax filing obligations to avoid heavy penalties by Hong Kong Tax Authority.
Our experienced accountants will cover your back with tax planning and consultation. We also help you with offshore tax claim application for income derived outside Hong Kong.
Below is pricing for corporate tax filing service.
Filing Profits Tax Return and tax computation with supporting schedules
$100
Filing Employer’s Return
(NIL)
$100
Documents Required
All invoices in the
reporting period
Company bank
statements
Company incorporation
documents
Need more help to your Hong Kong accounting plan?
Just get in touch with us. We typically response within 2 hrs.
Frequently Asked Questions
We use cloud accounting Xero.
Only dormant company is exempted from annual auditing. You can find more information in Hong Kong dormant company blog post.
You can opt to send your data via multiple methods including mail, cloud storage, or you can grant us remote access to your internal accounting system.