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How to do accounts after the company is registered in Hong Kong?

Released Date: Jul 25,2022 Article Source: HUANZE

With the development of global economy, many enterprises in mainland China will choose to register their companies in Hong Kong. According to the policy of Hong Kong, audit reports of Hong Kong companies are required every year.

With the development of the global economy, many enterprises in the mainland will choose to work in ChinaHong KongRegister a company. whileAccording to Hong Kong's policy, it needs to be done every yearHong Kong companyAudit report.

Hong Kong companyPrepare all the accounts before the audit, so that you can clearly understand the business situation of the year.For example, what kind of income occurred in the enterprise in that year, the corresponding cost, the corresponding service fee, and the corresponding commission logistics and a series of expenses.If you don't know, if you're just blindly cooking the books to meet the audit that year, It is possible that several years later, the tax bureau will inquire about the trade situation of that year, and if you cannot reply, there will be tax risks, and you may face the risk of paying back taxes and fines.

So registerHong Kong companyDo not set up blindly, you need to first understand the reasons for setting up in Hong Kong, and then understand the tax policy of Hong Kong. If there is a transaction after setting up, it is better to register each transaction, so that you can clearly know the accounts of your company during the annual audit, even if the tax bureau asks you later, you can reply well to avoid unnecessary tax risks.

How to do accounts after the company is registered 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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