Accounting – Case studies

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

Here is another case study when your company was incorporated on 29th February 2012 – here is an manual what the Inland Revenue Department Requires (IRD) once you company is in due to file the Tax Return (“PTR”).   Your company was incorporated on 29th February 2012. According to the statutory ...

We are happy to share with you a case study on “how to keep accounting for HK Limited Company“. Here a Q&A from a CPA firm. This is a case where 2 HK Limited companies invoice each other and the business is rendered abroad. Hi, XXX told me your company also provides tax advice and accounting. ...