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Hong Kong company tax declaration, the end of the inventory how to do?

Released Date: May 17,2021 Article Source: HUANZE

Do in Hong Kong company tax declaration, the end of the inventory how to do? If you do the audit and tax declaration of Hong Kong company, there is inventory at the end of the year, you need to contact the auditor to take stock at the end of the year. Without an inventory, the auditor will have reservations about the inventory.

Do in Hong Kong company tax declaration, the end of the inventory how to do? If you do the audit and tax declaration of Hong Kong company, there is inventory at the end of the year, you need to contact the auditor to take stock at the end of the year. Without an inventory, the auditor will have reservations about the inventory.

When we were doing the audit and tax declaration of Hong Kong companies, we often encountered that customers had inventory at the end of the year, but they did not take inventory. When we learned this situation, we communicated with customers in time and needed to contact the auditor to take inventory.

Because Hong Kong and the mainland are different in handling the inventory, as long as there is inventory in the mainland, you can report it to the tax bureau, but not in Hong Kong, you must take inventory. Because auditors cannot judge the true value of inventory without opening, they will hold inventory for a long time.

When doing the audit and tax declaration of Hong Kong companies, there are a lot of problems to be avoided, and it is definitely more than one inventory problem that can be understood clearly. Each enterprise has different operating conditions, and the problems involved are also different, which requires specific analysis.

What if there is a stock at the end of the period when making the Hong Kong tax declaration?

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