Hong Kong accountant

一. Hong Kong bookkeeping and tax declaration time

About 18 months after the establishment of a Hong Kong limited company, it will receive a Profits Tax Return from the Hong Kong Inland Revenue Department. Unless an extension is approved by the Inland Revenue Department, the tax return must be filed three months after receiving it. Failure to file a tax return within the specified deadline is an offence and is punishable. The first financial statement of a newly established company may be audited for an 18-month financial year, and then every 12-month financial year, and the date of the selected financial year cannot exceed 18 months.

二. There are standards for operation and non-operation

In Hong Kong, companies that do not operate can directly file zero tax returns, and companies that do operate must do accounts and audit before they can file tax returns. Of course, in a sense, as long as you conduct business transactions or activities in the name of a company, you have already started running a business. If we look at the written records, we can judge from the following aspects, and those that meet one of them are in business:

1. The bank account has left business records;

2. Government customs and logistics companies have left import and export records;

3. Purchase and sale relationship with Hong Kong merchants;

4. Employees have been hired in Hong Kong;

5. Permit or authorize the use of patents, trademarks, designs and other materials in Hong Kong;

6. Permit or authorize the use of immovable property in Hong Kong to collect rent, lease fees, etc.;

7. Entrust consignment sales in Hong Kong;

8. Other profits derived from or arising from Hong Kong.

三.Preparation and information before the agent makes the account

1. Preparation before accounting: classify, sort and place sales invoices, cost invoices and expense invoices in chronological order. If there are many bills, you can use a pencil to add the number in the upper right corner of the bill. And note that the date of all documents provided corresponds to the date of the accounting period.

2. The information that needs to be submitted for accounting, bank statement and water bill; Sales bills: invoices, contracts; Cost bills: invoices, contracts; Expense bills: salary, rent (lease contract or agreement must be provided), freight, etc.

Other relevant documents: two originals of the articles of association, one copy of the annual return, one copy of the business certificate, one copy of the incorporation form NNC1, all company change information (if any), fixed asset bills, investment-related documents, the first 3~5 purchase and sale invoices of the following year and the corresponding receipts and payments documents, etc.

3. How to hand over the bills to Xiaoman: According to the actual situation of the company, the accounting information can be provided on a monthly, quarterly or semi-annual basis, provided that there is sufficient time for accounting, auditing and tax declaration.

四.Hong Kong company agent tax filing process

1. The process of accounting, auditing and tax declaration of the limited company: after assessment, quotation and negotiation, the account declaration agreement is signed→ the advance payment is → sorted out, the accounting processing → is completed→ the balance payment is paid → the auditor is completed→ a report is submitted to the shareholders for signature→ the accountant takes the signed audit report to the government to declare the tax → relevant documents and returns it to the customer.

2. The process of accounting and tax declaration of unlimited companies: after evaluation, quotation and negotiation, the account declaration agreement is signed→ the advance payment is → the documents are sorted out, the accounting processing → the accounts are completed→ the balance is paid→ the financial statements are handed over to the shareholders for signature→ the signed financial statements go to the government for tax declaration → the relevant documents are returned to the customer.

3. Zero tax declaration process: After assessment, quotation and negotiation, sign the zero tax declaration power of attorney→ sign the zero declaration confirmation and power of attorney, wait for the customer to sign and return the payment→ fill in →the tax form→ print the zero tax return letter→ tax form and zero tax return receipt and submit it to the tax bureau → zero return return letter to the customer.