Management of Hong Kong company should pay attention to matters
The Hong Kong company's management and operational maintenance are based mainly on the Hong Kong Government promulgated pursuant to carrying out the related Hong Kong company law, primarily structured to be observed are as follows :
1. "Hong Kong Inland Revenue Department" requirements.
1) The annual update of business registration and payment of costs;
2) The annual return filing (generally required together with the company's audit report was submitted). Properly kept for at least 7 years of accounting data and accounts.
2. "Hong Kong Company Registration" requirements. Whether your company's shareholders and directors, and so data in one year, there has not changed, at least once a year to submit returns. If the company information has changed, should submit the returns on the change occurs, so that the public can look to protect companies and the public interest.
Management of Hong Kong's important to remind :
1. On the basis of the company's financial documents shelf life of at least 7 years, Hong Kong companies do not audit or the audit can be easily handled.
2. Accounting should also be preserved. Some companies only save the basic information and reports, from data compilation to the statements of accounts between, for example, sales account, purchases account, general ledger, cash book, bank account number, and so on, are not preserved, of course, Some companies do not even order these accounts, these cases are not being accepted by the Inland Revenue Department may be fined. Submitted tax returns, that is not enough support, might lead to the "estimated tax" from occurring, making the management of Hong Kong companies do not properly grave consequences.