How much is the post-maintenance fee for Hong Kong companies after registration?

After the Hong Kong company is registered, the main maintenance expenses are annual inspection and tax return. A Hong Kong company is managed by two organizations:

1) Company Registry: Annual report (i.e. annual review) is required for the company's full anniversary every year.

2) Hong Kong Inland Revenue Department: The business registration certificate should be replaced at the end of the anniversary (equivalent to the domestic tax registration certificate, the certificate is valid for one year and replaced at the end of the anniversary); Secondly, it is necessary to declare the employee payroll (for local employees in Hong Kong); Besides, there are three kinds of taxes in Hong Kong, namely, profits tax, property tax and salaries tax. The company's income is only profit tax, and the tax rate is 16.5%. The first tax return of the newly registered company is after 18 months, and it will be reported once a year thereafter. When submitting the tax return, you need to submit an auditor's report issued by a registered accountant in Hong Kong to the Inland Revenue Department. If the company no longer operates locally in Hong Kong, it can entrust this Council to make zero declaration. If you don't go to these two departments to do the corresponding work, the Hong Kong company will receive a fine notice, which will affect the company's reputation and prevent it from operating normally.

2. The annual fee of a Hong Kong company has two aspects:

A: The annual review report is once every 12 months.

The annual audit of the Inland Revenue Department and the annual report of the Companies Registry are fees that must be paid every year, even if the company does not generate any business.

Audit accounts. Tax returns shall be made once every 0/8 months after the establishment of the new company, and once every year thereafter. When the business happens, it is necessary to submit the tax return to the accountant for audit (the government collects taxes according to the audit report). Hong Kong companies audit their accounts every year.

Accounting can be done by enterprises themselves or by Hong Kong accounting firms.

Audit (also called accountant audit) must be entrusted to an accountant or auditor.

During the audit, customers should submit information including business records: account books, invoices, receipts, payment vouchers, bank statements and accounts receivable. The audit takes 15 working days, and enterprises without business can declare zero without accounting and audit.