AftertheestablishmentofaHongKonglimitedcompany,theannualinspectionoftheHongKongcompanyshouldbeconductedeveryyear.ThedateoftheannualinspectionofeachHongKongcompanyisdeterminedaccordingtotheregistrationdateoftheHongKongcompany.Forexample,iftheHongKongcompanyisregisteredonMay20,theannualinspectiondateofthecompanyisMay20ofthenextyear.
AHongKonglimitedcompanyin2020years8month28AccordingtotherequirementsoftheHongKongCompaniesRegistry,thecompanymustbeincorporatedby2021years9month22CompletedtheannualinspectionofthecompanyinHongKongandsubmittedalldocumentstotheCompaniesRegistryandInlandRevenueDepartmentinHongKongbeforethedeadline.FailuretodosomayresultinheavyfinesandunnotifiedprosecutionbytheCompaniesRegistryandInlandRevenueDepartment.Thepenaltyfordelayintheannualreportisasfollows:
HongKongregisteredcompanyafterthefollowingyear(I.e.12month)AnnualinspectionoftheHongKongcompanyrequirestwogovernmentdepartmentstodotheannualinspectionoftheHongKongcompany:HongKongCompaniesRegistryandHongKongTaxBureau.IftheHongKongcompanyhasappointedaHongKongsecretarycompanyastheregisteredsecretaryoftheHongKongcompany,italsoneedstorecordwiththesecretarycompanyasanimportantcontrollereveryyearKYC.