If a Hong Kong Profit Tax Return is not submitted before the due date, a starting penalty of several thousand dollars or more may be imposed. Additionally, a district court from the Inland Revenue Department may impose further fines.
Is it necessary to perform accounting for my overseas company in Hong Kong?
Is it better to outsource accounting?
Is an audit of the accounts necessary if my Hong Kong company is inactive or has a small turnover?
How to calculate payroll tax withholding in Hong Kong?
How Are Payroll Taxes Different From Personal Income Taxes In Hong Kong?
Does Hong Kong have a tax identification number?
Are dividends taxed when declared or paid in Hong Kong?
How to file a tax return in Hong Kong?
What Accounting Standards are Used in Hong Kong?
What Companies are Exempt from Audit in Hong Kong?