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How to distinguish a standard of value for corporate audit and tax return services in Hong Kong?

Released Date: Aug 12,2022 Article Source: HUANZE

Audit fees vary in Hong Kong companies, mainly based on the auditor's professional degree, audit service quality, tax risk of the target company (revenue/Investment) and the auditor's own audit responsibility to determine the cost of this audit service.

Hong Kong corporate auditFees vary, depending on the auditor's expertise, the quality of the audit service, and the target company's tax risk (revenue/Investment) and the auditor's own audit responsibility to determine the cost of this audit service.

If an auditor in Hong Kong practices irregularities or unprofessionalism, possible consequences are:1Lead toHong Kong corporate auditThe reported opinion has a significant tax risk (whether the opinion is a low tax risk);2, resulting in data confusion in the audit report that is insufficient to address the Hong Kong tax Authority's routine inquiry (whether the balance sheet data is low tax risk);3Lead to the distortion of the customer's financial statement data (whether the logic of the income statement data or the data itself has sensitive targets of the tax bureau or has high tax risks);4And whether the profits tax tax determined in the audit report and the salaries tax tax involved meet the client's expectations.

Therefore, we recommend customers to chooseHong Kong corporate auditFirm, must be comprehensive consideration, do not blindly pursue low prices.

How to distinguish a standard of value for corporate audit and tax return services in Hong Kong?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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