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What about annual bank account inspection of Hong Kong company?

Released Date: Jul 08,2022 Article Source: HUANZE

More and more domestic people are registering companies in Hong Kong to run international businesses. Once registered, Hong Kong companies need to open bank accounts in order to receive and pay funds.

More and more domestic people are incorporating companies in Hong Kong to run international businesses.Hong Kong companyAfter registration, you need to open a bank account in order to receive and pay funds.

For the purpose of risk control and compliance requirements, the opening bank will be required annuallyHong Kong companySubmit the annual inspection information for bank account annual inspection. The latest business registration certificate and annual return of the company in Hong Kong are usually required. Some banks also require an audit report signed by a certified public accountant in Hong Kong.

Under normal circumstances, the bank account annual inspection time, the bank will be extended2Week time, which means atHong Kong companySubmit the above information within two weeks after the date of registration. In this case, it is urgent for the Hong Kong company to handle the annual inspection. However, some banks are demanding to submit the business registration certificate before the expiration, and if it is not submitted, it will limit the collection of the Hong Kong company's bank account.Hong Kong companyThe business registration can only be updated when the payment notice issued by the tax bureau is received. The business registration certificate due in the next month will be issued at the end of each month. If your Hong Kong company's bank is demanding, we can arrange payment immediately after receiving the business registration certificate, and provide the scanned copy to the bank after payment, so as not to affect the payment of the bank account.

What about annual bank account 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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