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Read a case study regarding accounting/auditing of a Hong Kong Company. Company was set up on December, 2013. Dear xxx, As your company has incorporated on 17th September 2013 and determined 31st March as the company’s financial year ended date, the first Profits Tax Return (“PTR”) normally issue ...

Startupr can introduce you to an accounting & auditing company. Here is an example of one of our client’s request & reply of a CPA firm.   1. For transaction of payments which I am receiving from my clients in China, Thailand, Vietnam and with payments to my corporate partners for providing the ...

Let us explain the requirement & procedure of accounting & audit issues and HK taxation as well. This is a case study for a company incorporated in September 2013. Accounting & auditing According to the statutory requirement under the Hong Kong law, the first set of financial statements should be ...

Hello, we would like to remind you all your yearly requirements which are necessary to follow up once you set up company in Hong Kong. This check list is updated of The new Companies Ordinance (Chapter 622 of the Laws of Hong Kong). The New companies ordinance  has commenced operation on 3 March 2014. •Annual ...

Here is an explanation how to gain the offshore status for Hong Kong Limited company. We demonstrate the offshore principles on Hong Kong Limited company which was registered on 11th of October 2013. As the company has incorporated on 11th October 2013, the first Profits Tax Return (“PTR”) would issue ...

There is certain period you should submit the PTR (Profits Tax Return) to IRD (Hong Kong – Inland. Revenue Department). If you fail to do so, you may be required to pay a penalty. However, you can there is a way to waive the penalty. Here is an example of an email sent from an … READ MORE

Dear Customers, the Inland Revenue Department will increase the Fee from 250 HKD to 2,250 HKD starting from 1st of April, 2014. Please contact us for further questions.

Accounting and auditing According to the statutory requirement under the Hong Kong law, the first set of financial statements should be prepared for period covering not more than 18 months from the date of incorporation. Hence, may I suggest you choose (say 31st December or 31st March) to be your financial year ...

CO (Companies Ordinance) (Commencement) Notice 2013 was gazetted on 25 October 2013.  Companies Ordinance (Commencement) Notice 2013 was gazetted on 25 October 2013. Secretary for Financial Services and the Treasury appointed 3 March 2014 as the day on which the new Companies Ordinance comes into operation. SFST ...

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