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How to deal with overdue annual inspection of Hong Kong company?

Released Date: Sep 08,2022 Article Source: HUANZE

Recently, a client in Hong Kong company wants to cancel. The client hopes to distribute the undistributed profits and return the registered capital invested by the previous shareholders to the shareholders. Can the company cancel smoothly?

Many domestic customers registeredHong Kong companyLater, due to insufficient understanding of the annual inspection of the Hong Kong company, when the annual inspection time is up, due to various objective reasons or subjective factors, the annual inspection of the Hong Kong company is overdue, so how to deal with the overdue annual inspection of the Hong Kong company?

First of all, the customer as soon as possible to contact the secretary company, the secretary company will assist you to deal with the annual audit matters. secondlyHong Kong companyIf the annual inspection is overdue, there will be some fines. For example, the Companies Registry annual return is late42day~3A month. The fine isHKD870; overdue3month~6A month. The fine isHKD1740; overdue6month~9A month. The fine isHKD2610; overdue9Over a month, the penalty isHKD3480; Hong Kong Inland Revenue Department business registration Certificate overdue one month, penalty isHKD300.

In enforcing the fine, the Hong Kong government,Hong Kong company, can help Hong Kong companies try to apply for penalty waivers or waivers, and must pay fines to the Hong Kong government if the grace period is exceeded.

How to deal with overdue annual inspection of Hong Kong company?

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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