Accounting Case Example - Offshore Company Formation

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Accounting Case Example

• Accounting Case example 1

• Company background
• Trading company - Buying shoes from China and selling to Europe ;
• Total number of transactions per year within 51 - 100 ; (include sales + purchases + expenses)
• Turnover per year around HK$ 1,000,000 ;
• Only hold 1 bank account in Hong Kong, and no inventory and other investment ;
• The business is managed by the director(s) of the company in places outside Hong Kong ;
• The company maintains only bank accounts in Hong Kong for collection of trade debts and making payments .
• Accountancy & Auditing fee
• Accountancy HK$ 4,000
• Auditing HK$ 6,000
•             Total : HK$ 10,000

• Accounting Case example 2

• Company background
• Investment holding company - Holding 1 property in Hong Kong ;
• Total number of transactions less than 50 ; (include rental income, general operation expenses such as management fee, electricity and water etc.)
• No other investment.
• Accountancy & Auditing fee
• Accountancy HK$ 2,000
• Auditing HK$ 4,500
•             Total : HK$ 6,500

Accounting Case Example Others Infomation

• Hong Kong Company Incorporation
• China Company Formation
• Offshore Company Formation
• Open A Bank Account
• Annual Renewal
• Audit
• Accounting
• Trademark Registration
• ISBN and ISSN Respectively