2020Some Hong Kong companies audit their own accounts, have their own account set, some companies is to wait until the end of the unified collection of information, no matter which way, the audit of the Hong Kong company accounts certain clear.

We met a company today, which is a relatively large enterprise. When we finished the audit in Hong Kong, the accounts were checked clearly and the audit report was issued. At the same time, the audit report was submitted to the tax bureau2020In the audit in Hong Kong, it was found that the company had adjusted its accounts after the audit in Hong Kong. What was more terrible was that the financial personnel had also changed. It was not clear where the transfer was made, and there was no way but to check the old accounts one by one. The inland tax bureau generally checks the accounts of the current year, while Hong Kong checks the accounts of several years later. If the tax bureau does not check clearly in the current year, it may not be able to reasonably explain the company's accounts when asked by the tax bureau in the future year. Then the IRS will think there's tax evasion in there. It will bring certain tax risks to enterprises.

Therefore, during the audit of the company in Hong Kong, the accounts to be entered should be finished during the audit. It is better not to have any remaining problems. In this way, not only will it be troublesome to re-check the accounts during the annual audit in the future, but also there will be tax risks.

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.