All companies incorporated in Hong Kong are obligated to maintain financial records of all transactions, which include profits, revenues, and expenses, as per the Hong Kong Government’s regulations.
Within 18 months from the incorporation date, all Hong Kong companies must file their initial tax report, which includes accounting and auditing reports. Additionally, annual financial statements for all Hong Kong companies, including Limited Liability companies, are required to be audited by external independent auditors who possess a Certified Public Accountant (CPA) license.
Our Comprehensive Accounting and Auditing Services
At Hong Kong Company Formation Service, we specialize in providing Accounting & Auditing services tailored to businesses operating in Hong Kong. Our services include:
- Custom Accounting Systems: Advising and coordinating the setup of tailored accounting systems.
- Bookkeeping and Annual Accounts: Managing bookkeeping and preparing annual financial statements.
- Management Reports: Generating periodic management accounts and reports.
- Financial Planning: Preparing budgets, cash flow statements, and financial forecasts.
- Compliance Assurance: Ensuring adherence to reporting requirements set by the Hong Kong Inland Revenue Department (IRD) and the Securities and Futures Commission (SFC), where applicable.
Get in Touch
For more details about our services, please contact us at support@hongkongcompanyformation.hk.