Do I need to do accounting for my offshore company in Hong Kong?

The Government of Hong Kong requires all companies incorporated in Hong Kong must keep financial records of all transactions including profits, revenues, expenses should be documented.

18 months from the date of incorporation, all companies in Hong Kong are required to file their first tax report which consists of accounting and auditing reports. Furthermore, all Hong Kong companies, including Limited Liability, the annual financial statements must be audited by external independent auditors who hold the Certified Public Accountants (CPA) license.

One IBC^® offers our Accounting & Auditing services to all of our clients who are operating their companies in Hong Kong. Our offered services include:

1. Coordination and advice for setting up bespoke accounting systems.
2. Bookkeeping and annual accounts preparation.
3. Periodic management accounts and reports.
4. Budget and cash flow preparation and forecasts.
5. Compliance with Hong Kong Inland Revenue Department (IRD), Securities and Futures Commission (SFC) reporting requirements if any.

For more information, please send us an inquiry via email: [email protected]

Read more:

• Auditing service Hong Kong
• HK profit tax rate