In short: every Hong Kong company files an Annual Return with the Companies Registry, renews its Business Registration Certificate, has an audit and files a Profits Tax return with the Inland Revenue Department (IRD) each year. These obligations apply even if the company had no income.
What the company files
- Annual Return (form NAR1) — the yearly confirmation of company details at the Companies Registry.
- Business Registration — the certificate must be renewed.
- Audited financial statements — every year, by a local auditor.
- Profits Tax Return — the tax return, filed with the audited accounts.
- Changes — new directors, secretary or address must be reported to the Companies Registry.
- Significant controllers register — kept and maintained in Hong Kong.
How we work
- Calendar. We set out your company's deadlines and remind you in advance.
- Documents. We collect statements, invoices and contracts.
- Books and audit. We prepare the books and pass them to the auditor — see accounting and audit.
- Filing. We file the Annual Return and tax return and send you the confirmations.
What we need from you
- Bank statements for the year.
- Invoices, contracts and expense records.
- Details of any changes in the company.
Price
Hong Kong company reporting — on request. The price depends on transaction volume.
FAQ
Is an audit required if turnover is small?
Yes. In Hong Kong an audit is mandatory for private companies regardless of turnover.
What happens if I miss a deadline?
The Companies Registry and the IRD impose penalties, and directors can be held liable.
Who files the Annual Return?
Usually the company secretary.