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How does a Hong Kong company with overseas warehouses take stock during the audit?

Released Date: Jun 09,2021 Article Source: HUANZE

With the continuous development of e-commerce, cross-border e-commerce is on the rise. Many domestic entrepreneurs register their companies in Hong Kong and use Hong Kong companies to do cross-border e-commerce. Such a business model often involves sending goods uniformly to overseas warehouses, and then delivering them to customers from overseas warehouses when orders are received.

With the continuous development of e-commerce, cross-border e-commerce is on the rise. Many domestic entrepreneurs register their companies in Hong Kong and use Hong Kong companies to do cross-border e-commerce. Such a business model often involves sending goods uniformly to overseas warehouses, and then delivering them to customers from overseas warehouses when orders are received.

Of this kindThe Hong Kong company does the booksDuring the audit and tax declaration, there will be inventory in the overseas warehouse at the end of the period. When Hong Kong accountants do the audit, they will require the inventory of the end of the period. If the inventory cannot be completed, they will issue a reserved opinion in the audit report.

However, the COVID-19 pandemic is far from over, and it is difficult to arrange personnel to take stock in overseas warehouses. If you commission it to Ring ZeThe Hong Kong company does the booksFor audit and tax return, we can accept to confirm the ending inventory quantity by certifying the inventory quantity to the manager of the overseas warehouse, so as to replace the inventory counting. ensureHong Kong corporate auditThe work of accounting and tax declaration is proceeding smoothly.

How does a Hong Kong company with overseas warehouses take stock during the audit?

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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