AmPlus Business Services Limited

 

 

Hong Kong Company Formation

Offshore Bank Account Opening 

HK Harbour

Hong Kong Company Maintenance Requirement 


Under the HK Companies Ordinance, a Hong Kong registered company must comply with the below requriements:

 

Annual Return

  

File an Annual Return with the Companies Registry according to the anniversary date of its incorporation each year.


 

File Notifications of Changes with the Companies Registry if there are any changes in shareholding, directors, registered office etc during the year.

     

Business Registration Renewal

 

Renew Business Registration Certificate with the Inland Revenue Department (IRD) one month before expiry on an annual basis or once every three years, as the case may be.

     

Tax Return

 

Submit Profits Tax Return to IRD every year to assess the tax liability of the company.


 

A newly incorporated company will receive its first Profits Tax Return in 18 months after the date of commencement of business or the date of incorporation.


 

File Employer’s Return with IRD to report salary paid to employee in Hong Kong each year.

     

Auditor's Report

 

Prepare the following supporting documents upon submission of Profits Tax Return under the Inland Revenue Ordinance:


   »     

a certified true copy of Balance Sheet, Income Statement and Auditor’s Report (collectively name as audited financial statements).


   »  

a tax computations with supporting schedules showing how the amount of assessable profits (or adjusted loss) has been arrived at.


   » 

other documents as specified in the Notes and Instructions to Profits Tax Return.

     

Books of Accounts and Business Records  

 

Maintain sufficient books of accounts and business records in order to prepare audited financial statements for tax return filing.


 

Such business records must be kept for at least 7 years.

     

Notification of Employment

 

Give written notice to the IRD for employing individuals in Hong Kong, notification is required to submit no later than 3 months after the date of commencement of employment, stating:


   » 

full name and address of the individual


   »

date of commencement


   »  terms of employment
     

Annual General Meeting

 

Hold the first Annual General Meeting (AGM) within 18 months of incorporation.


 

Unless the Registrar of Companies agrees in writing to an extension in a particular case, the period between AGMs must not exceed 15 months.

     

 

Online Incorporation 

Shell List 

Maintenance Fee Table