Register HK Company Overseas Company Register Overseas Company
Hong Kong Company Annual Audit
Ⅰ、Annual Audit：
After you registered a new Hong Kong company, you should do this step per year on time，you have to hand over Annual Return to Hong Kong company registry.
Annual Return is a is a format specified declaration table ，for example the address of office, the materials of directors, shareholders and secretary.
Annual Return should include a certificate to prove that from the date of company declared last year（or company registered date），didn’t invite public to take up the company’s share and bonds. If there is more than 50 shareholders，All the surplus for specific categories of people (that is, the company employees, as well as the course of employment are the shareholders of the Company's former employees）
Ⅱ、 Which companies should hand over the Annual Return to Company Registry？
Every local company set up according to “Company law” in Hong Kong，should hand over Annual Return signed by one director or secretary in person. But according to “Company law” section 344 (3)，if the company is a private company inactivity, it can be exempt.
Ⅲ、Time of Company Annual Audit：
1. If there is a private equity company, the company must be make the Annual Returns before annual days (Establishment deadline), and submit within 42 days (book the prescribed time).
2. About other companies，should submit within 42 days after annual meeting, or submit within 42 days after written resolution which instead of annual meeting(book the prescribed time).
Ⅳ、 We will provide the following service for you：
1. Submit the Annual Return to Company Registry and pay annual fee；
2. Change the Business Registration Certificate and pay annual fee；
3. Continue the company secretary；（receive the letters from government and banks）
4. Continue to provide the company registered address；（provide the free public telephone and fax）
5. Make the Annual Return ,other documents and agent charge.
Ⅴ、 If the company submits the Annual Return over time, should pay the higher charge. Charge of Private equity company submits the Annual Return over time reference to the following table：
Date of submit Annual Return ： |
HKD |
1. over 42 days after annual day but not over 3 months |
870 |
2. over 3 months after annual day but not over 6 months |
1704 |
3. over 6 months after annual day but not over 9 months |
2610 |
4. over 9 months after annual day |
3480 |
Otherwise，if the company never submit the Annual Return, will be charged , court will punish forfeit after conviction. Didn’t make the Annual Return according to the regulation will be punish HKD 50,000 and forfeit HKD700 by the day.
Ⅵ、Processing time：
5 working days general
