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International Finance Center
Simple tax system
From
US$ 481
When conducting business and dealing with numerous transactions, clients need clarity in their financial affairs. To ensure compliance with Hong Kong statutory requirements One IBC® Corp is able to act as third party services provider or an internal financial administrator, controller or accountant in full co-operation with clients’ headquartered financial staff and third parties as needed.
Taking care of a company’s financial related tasks by experienced professionals, our services include:
Transactions include the sale or return of a product, the purchase of supplies for business activities, or any other financial activity that involves the exchange of the company’s assets, the establishment or paying-off of a debt, or the deposit from, or paying out of money to, the company’s owners.
The transaction is listed in the appropriate journal, maintaining the journal’s chronological order of transactions.
The transactions are posted to the account that it impacts, and are part of the general ledger, where you can find a summary of all the business’s accounts.
Calculate a trial balance at the end of the accounting period (quarter or year, depending on the business’s practices).
Corrections or adjustments are tracked on a worksheet for the depreciation of assets and to adjust for one-time payments.
Post any corrections needed to the affected accounts once the trial balance shows the accounts will be balanced once the adjustments needed are made to the accounts.
Prepare the balance sheet and income statement using the corrected account balances.
Closing the books
Initial planning activities include formal acceptance of the client, verifying compliance with independence requirements and performing other procedures to determine the nature, timing, and extent of procedures to be performed in order to conduct the audit in an effective manner.
Use their knowledge of the business, the industry and the environment in which the company operates to identify and assess the risks that could lead to a material misstatement in the financial statements.
Auditors develop an overall audit strategy and a detailed audit plan to address the risks of material misstatement in the financial statements. The audit strategy and plan is continually reassessed throughout the audit and adjusted to respond to new information obtained about the business and its environment.
Apply professional scepticism and judgment when gathering and evaluating evidence through a combination of testing the company’s internal controls, tracing the amounts and disclosures included in the financial statements to the company’s supporting books and records, and obtaining external third-party documentation.
Finally, the auditors exercise professional judgment and form their overall conclusion, based on the tests they have carried out, the evidence they have obtained and the other work they have done. This conclusion forms the basis of the audit opinion.
The Accounting fee is calculated based on the number of transactions and we assure to have the lowest fee compared to other companies in the market.
| Amount(Transactions) | Fee |
|---|---|
| Below 30 | US$ 481 |
| 30 to 59 | US$ 546 |
| 60 to 99 | US$ 624 |
| 100 to 119 | US$ 663 |
| 120 to 199 | US$ 819 |
| 200 to 249 | US$ 1079 |
| 250 to 349 | US$ 1456 |
| 350 to 449 | US$ 1963 |
| 450 and Above | To be confirmed |
Auditing fee is calculated based on the revenue of your Hong Kong company in a reporting period
| Turnover (Million HKD) | US$ Estimated Equivalent (*) | Fee |
|---|---|---|
| Below 0.5 M | Below 64,500 | US$ 1221 |
| 0.5 M to 0.74 M | 64,500 to 95,999 | US$ 1391 |
| 0.75 M to 0.99 M | 96,000 to 127,999 | US$ 1664 |
| 1 M to 1.49 M | 128,000 to 191,999 | US$ 2145 |
| 1.5 M to 1.99 M | 192,000 to 255,999 | US$ 2353 |
| 2 M to 2.99 M | 256,000 to 383,999 | US$ 2666 |
| 3 M to 3.99 M | 384,000 to 511,999 | US$ 3146 |
| 4 M to 4.99 M | 512,000 to 640,999 | US$ 4485 |
| 5M and above | 641,000 and above | To be confirmed |
Thank you for your continued support of One IBC®. Your pleasure is indeed valuable to us, and we hope that we have succeeded in offering exceptional corporate services to all of our clients.
There are four rank levels of ONE IBC® membership. Advance through three elite ranks when you meet qualifying criteria. Enjoy elevated rewards and experiences throughout your journey. Explore the benefits for all levels. Earn and redeem credit points for our services.
Earning points
Earn Credit Points on qualifying purchasing of services. You’ll earn credit Points for every eligible U.S. dollar spent.
Using points
Spend credit points directly for your invoice. 100 credit points = 1 USD.
Referral Program
Partnership Program
We cover the market with an ever-growing network of business and professional partners that we actively support in terms of professional support, sales, and marketing.
We are always proud of being an experienced Financial and Corporate Services provider in the international market. We provide the best and most competitive value to you as valued customers to transform your goals into a solution with a clear action plan. Our Solution, Your Success.
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